News For May 2008

Borrowers 'must act now on mortgages'
Borrowers in the UK have been urged to act now to avoid problems further down the line with their mortgages. ... Read more...

Lender cuts mortgage rates
Mortgage lender first direct has announced it is cutting rates on a two of its home loan deals. ... Read more...

First-time buyers 'should not rush a decision'
First-time buyers in the UK have been urged to not rush into any decision regarding a new property. ... Read more...

Borrowers in difficulty 'must talk to lenders'
Borrowers who could struggle to make mortgage repayments must talk to lenders if they think they are going to have problems, according to an industry body. ... Read more...

Housebuyers 'show interest in buying older properties'
New research has suggested that housebuyers in the UK are showing an increased interest in taking out a mortgage to buy older properties. ... Read more...

Buy-to-let opportunities 'to arise over the next year'
People who are interested in entering the buy-to-let market have been advised that opportunities could be set to arise in the next year. ... Read more...

Remortgaging 'dominates market'
The amount of people remortgaging has increased and is set to rise further in the near future, according to new figures. ... Read more...

DIY 'used to increase home value'
DIY is being used by homeowners to increase the value of their properties, according to a new study. ... Read more...

Property purchase 'a good long-term investment'
Purchasing a property remains a "good long-term investment" for people in the UK, according to an expert. ... Read more...

Borrowers 'should choose their mortgage type carefully'
Borrowers in the UK have been urged by a newspaper to ensure they choose their mortgage type carefully. ... Read more...

Consumers urged to shop around for best deals
Mortgage customers can still save money by shopping around despite a range of products becoming more expensive, one firm says. ... Read more...

Asda to sell mortgages
Supermarket giant Asda is to delve into the mortgage market by the end of the year after starting talks with national brokers. ... Read more...

Commercial lenders 'continue to support brokers'
Commercial lenders in the UK are continuing to support mortgage brokers, according to a leading industry body. ... Read more...

Advice 'can save mortgage borrowers money'
Mortgage borrowers could save a large amount of money by getting advice on products, according to new research. ... Read more...

Report finds that lifetime mortgages are 'a constant'
A new report by a leading research firm has described lifetime mortgages as "a constant in a changing world". ... Read more...

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