News & Insight

Our expert views and commentary on what’s happening in the world of mortgages and sometimes beyond, along with our regular summary of what the papers say.

Mortgage? It all depends on your score

The mortgage lender Kensington recently conducted a survey of brokers to establish where they felt problems arise when placing a large mortgage case.  The results showed that the single biggest factor is lenders applying tighter credit scores to that type of borrower. So what is a credit score and what’s the impact?  It stands to reason that lenders will check a borrowers’ credit record with a credit reference agency in order to confirm the debts...

Nationwide says house prices up in May

Despite not even reaching the end of May the figures from Nationwide’s house price index are already out.  It indicates that house prices have risen marginally month on month by 0.3%.  Clearly that’s not a large movement especially considering the fact that prices were down 0.2% in April. Nationwide itself points to the fact that the movement is not significant stating, “Overall, the modest pace of house price growth in May suggests that the pro...

What the papers say - 30th and 31st August 2008

The general consensus in the weekend money pages was that the cost of borrowing is coming down, following decisions made by several large mortgage lenders to cut some of their rates. The Independent on Sunday reported that Britannia, Halifax, Nationwide and Abbey have been among the major high street lenders to cut the price of their two-year fixed rate mortgage deals, prompting a surge of interest from homeowners.The Mail on Sunday also revealed...

Load more
Call our expert
advisers now
Call free from mobile or landline
Open 7 days a week until 8pm weekdays