November saw the Office for National Statistics issue a positive report: that, in October, transactions had risen 2% on a monthly basis to 108,480. However, many brokers were quick to discount this news. As Riverside Mortgages owner Luke Shaw says: “These figures lag economic reality. On the front line, it’s now a
It is just over four years since the first green mortgage was launched by a mainstream lender. In that time, green mortgages have slowly gathered momentum helped in 2019 by the pledge of former Conservative prime minister Theresa May’s government to make the UK carbon neutral by 2050.If that target is to be
Mortgage brokers have called on The Property Ombudsman and the Financial Conduct Authority (FCA) to do more to tackle conditional selling. Conditional selling is when estate agents put pressure on home buyers to use their in-house mortgage broker rather than letting them use an adviser of their own choosing.
Using life insurance riders to pay for long term care insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
High property prices, a cost-of-living crisis and now rapidly rising interest rates have resulted in far more homebuyers opting for 30-year-plus mortgage terms. It is not hard to see why these longer-term deals are attractive: borrowing a larger sum over a longer term reduces monthly costs, helping homebuyers meet