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Buying a home

Abbey are now the UK's top mortgage lender

Today Banco Santander owned mortgage lender Abbey overtook the Halifax as the UK's largest mortgage lender

Life assurance premiums cut in half since 1998

Moneyfacts research has show that the life assurance price war has halved the cost of life cover since 1998 
Gordon Brown in today's draft legislative agenda announced that he would allow all first time buyers with an income of less than £60k access to shared equity schemes.

'Mortgage Rationing' a possibility

The Telegraph has reported that one of Gordon Brown's chief advisers has warned of 'mortgage rationing'.
Halifax has announced that it is not going to offer it's SVR to new customers
Two of the countries largest lenders have tightened up their criteria once again, leaving both mortgage holders and buyers jittery

The decline and fall of the 100% mortgage

Abbey have announced that they are to pull their 100% mortgage products by the end of today

Prices down on affordable homes

The bottom 20% of the UK housing market fell by 0.1% to £418 billion last month, according to Chesterton estate agents,

New research from Alliance & Leicester shows that most 20 year olds want to own their first property by the age of 30

First-time buyers 'may benefit from commuting'

 

First-time buyers in London may find the best value in the Dulwich area, while commuting for the country could also make sound financial sense, according to new research.

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