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The number of internet searches for UK fixed rate mortgages soared between April – June 2010 (Q2) compared to the same time period last year. Searches for the term ‘fixed rate mortgages 10 years’ up almost ten fold over the period. Searches for ‘fixed rate mortgages 5 years’ increased seven fold, while searches for ‘tracker mortgages’ only [...] UK mortgage lending rose slightly in March according to the major UK banks. The number of mortgages approved for house purchases stood at 34,905 in March, up 5% on the previous month, the British Bankers’ Association (BBA) said. There has been some evidence of the traditional spring bounce in the housing market in recent weeks with estate [...] Having sold the nation’s gold reserves at the bottom of the market, it seems that Gordon Brown’s shocking financial ineptitude also extends to his current property. The value of 10 Downing Street has plummeted in value while Gordon Brown has been in residence according to new research. The property is valued at £4.5 million, a drop of [...] The UK housing market is starting to benef from its usual spring surge, estate agents say. The number of people trying to buy or sell homes has picked up in the past month, according to estate agents. The number of potential sellers rose in March to its highest level for six months, the National Association of Estate [...] Interest rates were kept at their record low of 0.5pc when the Bank of England announced its latest policy decision last week. The Bank’s Monetary Policy Committee (MPC) held the cost of borrowing at 0.5pc, and did not alter the £200 billion it has so far spent on quantitative easing- or printing money, to support [...] The UK has seen a “seasonal dip” in mortgage lending, according to the Council of Mortgage Lenders (CML). The number of new mortgages granted to home buyers fell to 53,000 in November, a 4% drop from the previous month. However, reflecting the upward trend seen for most of last year, the figures were still 66% higher than [...] The recovery in the UK housing market will be shattered by the increase in property stamp duty, if it is implemented at the start of next year. On January 1 2010 the Treasury is due to lower the stamp duty threshold on houses from £175,000 to £125,000, catching well over 100,000 home buyers, many of them [...] Britain’s households are spending an average of up to £5,000 keeping pace with their crippling levels of debt over the next year. It casts new light on [...] Wall Street opened lower yesterday after September new home sales unexpectedly tumbled and analysts said that there was little in the way of catalysts to further fuel the market’s seven month rally. Data showed sales of newly built single-family homes slid 3.6 per cent in September, their first drop since March. The figures put further pressure on [...] People coming to the end of their zero per cent deals might have seen the Lloyds TSB family are back on our screens again, narrated by Julie Walters telling people wanting to discuss mortgages to drop in and have a chat. The bank boasts that it has helped 50,000 people with mortgages this year – although [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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