News For June 2008

Mortgage body launches new valuation process
One of the leading bodies in the UK mortgage industry has launched a new process for the valuation of new properties. ... Read more...

Government urged to help mortgage industry
The government and other authorities have been urged by the National Association of Estate Agents (NAEA) to help the mortgage industry. ... Read more...

Over 2m homeowners 'to take advantage of property market'
Over two million homeowners in the UK are planning to take advantage of the falling price of property, according to a study. ... Read more...

First-time buyers in Scotland 'keen to get on the market'
Scottish first-time buyers are eager to get onto the country''s property ladder, according to an expert. ... Read more...

Borrowers 'interested in long-term fixed rate mortgages'
Borrowers in the UK are increasingly interested in taking out long-term fixed rate products, according to new research. ... Read more...

Sub-prime lenders 'fully committed to working with borrowers'
Sub-prime mortgage lenders in the UK are "fully committed" to helping borrowers who may face difficulty, according to an expert. ... Read more...

Mortgage lending growth 'is still happening'
Growth in the UK mortgage lending industry is still happening despite the credit crunch, according to the editor of advice website Your Mortgage. ... Read more...

Borrowers urged to buy life insurance with mortgages
Consumers in the UK have been urged to consider buying life insurance when taking out a mortgage. ... Read more...

Cost of living 'means borrowers must shop around for deals'
The rising cost of living means borrowers must ensure they shop around for the best mortgage deals, according to an expert. ... Read more...

Fixed rate customers 'must act now'
People looking for fixed rate mortgages have been urged to "act now" to take advantage of the deals currently available. ... Read more...

Houses prices 'fall by 2.4%'
House prices in the UK fell by 2.4 per cent in May on figures for the previous month, according to Halifax''s House Price Index. ... Read more...

Lenders agree to new measures
A number of mortgage lenders across the UK have agreed to measures designed to lower the effects of the credit crunch on borrowers. ... Read more...

NAEA calls for mortgage help
The National Association of Estate Agents (NAEA) has called on the government to provide support to those who may face difficulties in keeping up repayments on mortgages. ... Read more...

Borrowers in Scotland 'least affected by credit crunch'
Scottish mortgage borrowers are among those least affected by the credit crunch, according to new research. ... Read more...

North-east 'the most affordable part of the country'
The north-east of England is the most affordable part of the country for those looking to buy a house, according to a new study. ... Read more...

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