mortgage
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UK mortgage rates tick up
Average five-year fixed rate has increased from 5.18% to 5.3%
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More lenders lower mortgage rates
NatWest, Halifax and Virgin Money say they will make cuts this week
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Mortgage costs to eat 30% of household income, warns Barclays
The bank’s boss CS Venkatakrishnan has warned mortgagees to expect an “income shock”
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Mortgage lending to fall to lowest growth in a decade
Wider tightening by banks causes loans to businesses to fall by 3.8%
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770,000 households at risk of mortgage default
The FCA has told MPs that 200,000 homeowners are already in arrears
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Mortgage approvals lowest in two years
Economists were expecting 55,000 approvals in November, but new mortgages fell to 46,100
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Ireland relaxes mortgage rules
Buyers will be allowed to borrow up to four times gross income, instead of 3.5 times
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Mortgage options slashed for buy-to-let landlords
Rates are rising, with 55% fewer products available
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Two-year mortgage rate tops 4%
The average rate has exceeded 4% for the first time since 2003
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Fixed-rate 50-year mortgage lender approved
Perenna will start by offering 30-year fixes, but will soon roll out longer terms
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PM floats ultra-long mortgage plan
The 50-year mortgage would allow children to inherit the debt along with the property
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Bank of England looks to ditch mortgage affordability test
The loan-to-income ratio alone should prevent mortgage debts from destabilising economy