News For May 2008

Lenders 'working hard to help borrowers'
Mortgage lenders in the UK are "working hard" to help borrowers coming off fixed rate deals, according to an expert. ... Read more...

Demand for 5-year fixed rate mortgages 'increases'
New research has revealed that demand for five-year fixed rate mortgages have increased for the third successive month. ... Read more...

first direct resumes mortgage lending
first direct has announced it is resuming the sale of mortgage products to non-customers. ... Read more...

Lenders 'view self-build homes as a safe bet'
Mortgage lenders tend to view self-build homes as a "safe bet", according to an expert. ... Read more...

Abbey changes mortgage rates
One of the UK''s leading mortgage lenders has announced some changes to its interest rates. ... Read more...

Borrowers 'seeking more advice from brokers'
People looking to take out a mortgage are seeking more advice from brokers on the market, according to new research. ... Read more...

Good mortgage deals 'still available'
A number of good mortgage deals are still available for those looking to either get on the property ladder or those wanting to change their deal, according to an expert. ... Read more...

Borrowers urged to shop around
Borrowers in the UK have been urged by an expert to shop around for their mortgage deals. ... Read more...

CML welcomes plans to help first-time buyers
New draft legislative plans to help first-time buyers have been welcomed by the Council of Mortgage Lenders (CML). ... Read more...

Borrowers show preference for fixed rates
Borrowers in the UK have shown a preference for fixed-rate mortgage deals in recent times, according to new research. ... Read more...

First-time buyers 'least affected by market problems'
First-time buyers in the UK are among those least affected by current difficulties in the mortgage market, according to an expert. ... Read more...

Borrowers urged to get life insurance
Mortgage borrowers have been encouraged by an expert to get life insurance to cover their repayments. ... Read more...

Financial advisers 'can help homeowners'
The government needs to recognise the help that financial advisers can provide to mortgage borrowers, according to an expert. ... Read more...

Almost 20% of people who talk to advisers 'want mortgage help'
Almost a fifth of people who visit an independent financial adviser (IFA) want help or information on mortgages, according to new research. ... Read more...

CML 'unsurprised' by interest rate hold
The Council of Mortgage Lenders (CML) has stated that it is "unsurprised" by the Bank of England''s decision to hold interest rates at five per cent. ... Read more...

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