Disabled people and others receiving Support for Mortgage Interest (SMI) will now be able to transfer this support to their new property when moving home, rather than having to repay the loan and reapply, it has been announced.
Almost a third of home borrowers, some 31%, going direct to a lender didn’t know how a mortgage adviser could help their mortgage search, according to a new study.
Politians are being urged to encourage regulators to speed up claims settlement for thousands of people whose lives have been blighted by mortgage mis-selling.
The vast majority, some 97%, of those who remortgaged in April did so with a fixed rate product, demonstrating their continued popularity in the remortgage market.
Britain’s housing market has shown signs of a rebound after figures revealed banks and building societies approved the largest number of mortgages for more than two years last month.
Negativity abounds in certain areas of the lettings market as the tenant fee ban comes into force in a few days time, but lenders in the Buy to Let mortgage arena either haven’t heard about the ban or they don’t think it will affect their customers.
Regulation chief says stricter rules could be imposed as price war threatens stability
Supermarket giant and consumer body say existing customers will not be affected for the time being
Thousands of homeowners whose banks collapsed in the financial crisis have been unable to move to a cheaper deal
There was an increases in new buyer home lending in regional parts of the UK in the first quarter of 2019, the latest mortgage industry figures show, with Scotland stronger than Wales.
Tesco Bank is stopping new mortgage lending and is looking for ways to sell its existing mortgage portfolio.
Japanese knotweed is wrongly destroying the value of thousands of homes because mortgage lenders are relying on discredited scientific evidence, an investigation by MPs has found.
Following three years of stability there has been a dramatic rise in mortgage possession claims with both owner-occupier and buy-to-let loans.
Conservative Charlie Elphicke says it is 'absurd' that some people are trapped in their homes by tighter lending regulations.
Proposals for changes to mortgage sales requirements which will help to give consumers more choice in how they buy a mortgage have been announced.
The rapid extension of mortgage terms from 25 to 40 years means different things for different people
Older borrowers stuck on interest-only mortgages have been offered what could become a lifeline by Britain's biggest building society Nationwide.
Landlords in the buy to let sector in the UK have reduced their reliance on mortgaged debt as part of a move to make their business more sustainable and boost financial strength over portfolio expansion, a new survey report suggests.
It has officially become easier for millions of people in England and Wales to remortgage one year after the introduction of the first digital mortgage in the countries.
Getting a mortgage to buy a property in London is at its least affordable in a decade but nationally in the UK home loan affordability has remained steady, lender research has found.
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