Mortgages

Simon Read: A positive solution to mortgage misery

Negative equity mortgages hit the headlines again this week after it was revealed that the Nationwide building society is offering loans of up to 125 per cent to some of its borrowers. While many commentators' first reaction was to hold their hands up in horror at the fresh example of imprudent lending, the mutual's move is actually an example of a sensible approach to helping borrowers in these times.

Inside Mortgages

Nationwide defends launch of 125% mortgage

Thursday, 9 July 2009

Nationwide today defended the launch of its 125 per cent mortgage saying the loan offered a "socially responsible and prudent" solution to people in negative equity.

After the rise, house prices slip again

Wednesday, 8 July 2009

0.5% fall leaves the average UK home costing £157,713, in line with prices during the second quarter of 2004, according to Halifax.

'Significant' business boost flagged by mortgage brokers

Monday, 6 July 2009

Mortgage brokers are predicting a "significant" pick up in business during the third quarter of the year as buyers return to the housing market, research showed today.

Mortgage approvals rise again

Monday, 29 June 2009

The number of mortgages approved for house purchase rose for the fourth month in a row during May as buyers continued to return to the property market, figures showed today.

Mortgage approvals at 13-month high

Tuesday, 23 June 2009

The number of mortgages approved for house purchase rose to a 13-month high in May as buyers continued to return to the property market, figures showed today.

Mortgage rates hiked again

Monday, 22 June 2009

UK's biggest building society is raising the cost of its fixed-rate mortgages for second time in two weeks.

Plot your course out of negative equity danger

Sunday, 21 June 2009

A million homeowners are in the red but there is no need to panic, say Alessia Horwich and Julian Knight

House buyers tempted by more 'realistic' pricing

Sunday, 21 June 2009

Positive indicators emerged in the UK property market last week. A survey from the National Association of Estate Agents (NAEA) found a substantial increase in the number of people registering an interest to buy property and sales completed.