Mortgage News: June 2005
Endowment
complaints on the rise
Published: 29 June, 2005 (news.bbc.co.uk)
More and more people are complaining about endowment policies, the Financial
Ombudsman Service has said.
Buy-to-Let
property market dominated by professionals
Published: 28 June 2005 (easier.com)
Research shows only 1 in 20 property investors have less than 10 properties.
Borrowing
perks up slightly
Published: June 27, 2005 (guardian.co.uk)
Borrowing on mortgages and credit cards increased in May but remained
weaker than in the previous six months, figures from the banking industry
showed today.s
Mortgages
take fifth of income
Published: 22 June 2005 (thisislondon.co.uk)
HOME OWNERS are spending nearly a fifth of their income each month on
mortgage repayments, figures showed today.
Mortgage
deal for helping hand parents
Published: 16 Jun 2005 (in2perspective.com)
A survey for BBC2's Money Programme last week revealed that one in seven
parents with adult children have remortgaged or taken out a loan in
an attempt to help them step on the property ladder.
Mortgages
- what's your score?
Published: 10 June 2005 (thisismoney.co.uk)
BORROWERS who manage their finances responsibly are being rewarded by
mortgage lenders.
First-time
buyers falling £29,000 short
Published: 06 Jun 2005 (myfinances.co.uk)
Prospective first-time buyers are looking to pay just £120,000
for their first property - a staggering £29,000 less than the
average price paid for a first home.
Mortgages
pick up
Published: 01 Jun 2005 (myfinances.co.uk)
New figures from the Bank of England have shown that mortgage approvals
have leapt to their highest level for nine months, although they are
still significantly down on last year's figures.
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