Mortgage News: October 2005

Jump to it for the best fixes
Published: October 29, 2005 (business.timesonline.co.uk)
Lenders are being forced to withdraw their cut price deals, says Rebecca O'Connor.

The FSA celebrates one year as mortgage industry regulators
Published: 26 October 2005 (ukmortgageinfo.com)
The Financial Services Authority has now been regulating the mortgage industry in the UK since the 31st of October 2004.

Equity release gets cheaper
Published: 20 October 2005 (thisismoney.co.uk)
THE cost of boosting your income in retirement by releasing equity in your home is tumbling as competition hots up.

Double your mortgage in minutes
Published: 19 October 2005 (money.independent.co.uk)
A new method to calculate how much a home-buyer can borrow has winners and losers, writes Stephen Pritchard.

Retirees look to equity
Published: 18 October 05 (ageconcern.org.uk)
Increasing numbers of homeowners plan to use their home's equity to fund retirement, new figures suggest.

Borrowers urged to pick long-term fixed mortgages
Published: October 16, 2005 (business.timesonline.co.uk)
Britain’s biggest building society thinks we should all play safe and take out five-year deals. By Kathryn Cooper.

Mortgage madness
Published: 16 October 2005 (thisismoney.co.uk)
BANKS are tearing up the rules limiting the amounts homebuyers can borrow and encouraging them to take on enormous mortgages.

Mixed view of mortgage rules
Published: 15 October 2005 (thisismoney.co.uk)
LONGER queues, more expensive mortgages but much better protection – that is the verdict of mortgage industry experts one year on from M-day.

First-time buyers turn to families for financial aid
Published: Oct 13 2005 (icwales.icnetwork.co.uk)
The 'Bank of Mum and Dad' is propping up the first-time buyers housing market.

And mortgages become more affordable
Published: 07 October 05 (residentiallandlord.co.uk)
Adding to the spate of generally positive housing market indicators, the Woolwich Mortgage Affordability Survey has reported that the cost of servicing mortgages fell in September.

Lenders rapped for unfair fees on mortgages
Published: October 02 2005 (business.timesonline.co.uk)
The City watchdog is clamping down on firms that have hiked the cost of quitting their home loans, writes Jessica Bown.

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