With rents on the rise mortgage lenders see landlords as a better bet than first-time buyers. Patrick Collinson asks if a worrying bubble is being created in a resurgent market Britain’s lenders are turning their backs on first-time buyers and other traditional borrowers, and granting mortgages to landlords instead amid signs of a new buy-to-let [...]
Posts Tagged ‘first time buyers’
Buy-to-let bounces back
April 23rd, 2011 
davidguide 
Posted in Personal Loans 
Tags: Buy-to-let, distribution director, first time buyer, first time buyers, home, industry debate, Lloyds, LTV, Mortgage, mortgage lenders, patrick collinson, reeds rains 
Comments OffHouse prices fall for eighth month
March 15th, 2011 davidguide Experts predict prices will continue to fall as fewer people are getting loans and many are falling behind repayments The average price of a UK home fell by 1.4% in January to £208,552 according to the Department for Communities and Local Government (DCLG). The annual rate of house price inflation dipped to 0.5% in January, [...]
Posted in Personal Loans Tags: arrears, english regions, final three months, first time buyers, house price, house prices, price inflation Comments OffIMF warns of UK house market fall
October 7th, 2010 davidguide The fund, in its half-yearly World Economic Outlook, said it was ‘worrisome’ that UK property prices still remained so expensive The International Monetary Fund raised the prospect of a double dip in Britain’s property market today when it said house prices were overvalued and vulnerable to a fall. The fund, in its half-yearly World Economic [...]
Posted in Personal Loans Tags: Alistair Darling, Britain, duty holiday, e surv, fall, first time buyers, Fund, George Osborne, growth, House, international monetary fund, market, mortgage borrowers, Olivier Blanchard, Osborne, property, South Korea, UK, US, warns, world economic outlook Comments OffBank reports mortgage approvals dip
September 29th, 2010 davidguide Analysts say downward trend in mortgage lending reflects high unemployment and low levels of consumer confidence Fresh signs of a slowdown in the UK economy surfaced today with news of a drop in mortgage approvals, weak consumer credit and a decline in output from the service sector. Data from the Bank of England showed approvals [...]
Posted in Personal Loans Tags: approvals, Bank, City, consumer, duty holiday, first time buyers, housing supply and demand, Howard Archer, Larry Elliott, lending, Marc Ostwald, Mortgage, mortgage approvals, q3 gdp, reports, sector, Threadneedle Street, UK, unemployment Comments OffBanks, Credit Ratings and Getting A House Mortgage
October 30th, 2009 davidguide Below we have listed some of the many questions that banks and other mortgage lenders will ask you when determining whether or not to grant your house mortgage application. The better you are able to answer these questions, the more chance you have of getting a mortgage and owning your own property. Obviously, mortgages, large [...]
Posted in Bad Credit Loans Tags: Cork, Credit, Dublin, first time buyers, getting a mortgage, House, Limerick, Money, Mortgage, mortgage application, mortgage approval, mortgage lender, mortgage lenders, Rent, trustworthy person Comments Off