21 - Tuesday 21st February
Mortgage Applications Rise
Mortgage applications are on the rise, according to new figures released in the latest national mortgage index from the Mortgage Advice Bureau. The figures indicate that mortgage applications in January 2012 were some 25.8 percent higher than January 2011 with high loan to value deals such as 90 percent mortgages and 85 percent mortgages being greatly responsible for the increase.
90 percent mortgages and similar mortgage products being made available resulted in the average deposit being reduced in seven out of 10 regions. The increase was also due in part to the stamp duty concession for first time buyers ending in March 2012, with people aiming to have their mortgage secured before the end of the offer.
Your mortgage news has been provided by independent mortgage lenders and brokers on 21st February 2012 for one of the UK's best mortgage directories.- Man jailed for seven years over £8m mortgage fraud
A fraudster at the helm of a criminal gang that defrauded high street banks out of almost £8m by taking out mortgages on properties they didn’t own has been jailed.
Tue 21st Feb 2012 9:48am - BM Solutions cuts rates again
BM Solutions is cutting rates on its buy-to-let products for the second time this month.
Tue 21st Feb 2012 4:34pm - United Trust Bank expands bridging sales team
United Trust Bank has boosted its bridging sales team with the appointment of Gerard Morgan Jackson.
Tue 21st Feb 2012 11:09am - Leeds BS reports 25% lending increase in 2011
Society lends £1.2bn in 2011, up 25% on £984m advanced in 2010.
Tue 21st Feb 2012 10:04am - Cash-strapped homeowners put repairs on hold in order to try and save money
Desperate homeowners are neglecting maintenance work around the house resulting in a collective bill of £1.2bn due to problems further down the line.
Tue 21st Feb 2012 4:20pm - Mortgage applications up 26% on last year
Mortgage applications leapt 25.8 per cent last month from January 2011, prompted in part by greater availability of higher LTV deals, new figures suggest.
Tue 21st Feb 2012 8:24am - Can I offset my investment losses against my French tax bill?
My partner and I are in the fortunate position of owning an apartment in the South of France that we could sell at a profit.
Tue 21st Feb 2012 12:55pm
