Mortgage News: May 2005

Brown’s cheap mortgages plan
Published: May 27 2005 (news.ft.com)
Thousands of people who had given up on getting on to the property ladder were given renewed hope by Gordon Brown this week as he unveiled proposals to help first-time buyers.

Mortgages scheme 'will cause price boom'
Published: 25 May 2005 (thisislondon.co.uk)
Gordon Brown's plan to use taxpayers' money to help firsttime buyers came under fierce fire from a major think-tank today.

Brown hands out subsidised mortgages to first-time buyers
Published: May 22, 2005 (timesonline.co.uk)
A SCHEME that will allow first-time buyers to get cheap mortgages with the help of public funds is to be announced by Gordon Brown this week.

It’s a rate escape for borrowers
Published: 21 May 2005 (business.timesonline.co.uk)
Cut-price mortgage deals are back, says Gráinne Gilmore.

Fears of interest rises prompt popularity of fixed rate mortgages
Published: 19 May 2005 (fairinvestment.co.uk)
The vast majority of mortgage holders are opting for fixed rate mortgage deals as fears rise about a possible hike in interest rates.

ABI - Regulation of home reversion schemes
Published: 18 May 2005 (politics.co.uk)
VICTORY ON EQUITY RELEASE HOME REVERSION SCHEME REGULATION.

Fixed-rate mortgages to fall in price
Published: 16 May 2005 (myfinances.co.uk)
Fixed-rate mortgages are set to get cheaper, new figures suggest.

Cost-cutting by homeowners may spark fall in interest rates
Published: 14 May 2005 (business.timesonline.co.uk)
INTEREST rates look set to fall by the autumn as shoppers retreat from spending on the high street.

Prospects look good for buy to let market
Published: 11 May 2005 (fairinvestment.co.uk)
It could be the ideal time to invest in a buy to let property, judging by recent data showing an increase in confidence in the market.

Cost of fixed mortgages is coming down
Published: 08 May 2005 (business.timesonline.co.uk)
Optimism about rates has made it cheaper to fix, but discounts may still offer better value.

Plan for Europe-wide home loans
Published: 03 May 2005 (thisislondon.co.uk)
BRITISH banks and lenders are poised to benefit from a fresh Brussels campaign to help people across Europe shop around for the best deals on loans and savings.

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