Mortgage Market Review

The Statistical Release on Mortgage Lenders and Administrators Statistics was published by the Bank of England (BoE) and the Financial Conduct Authority (FCA) on 10th June...

According to new data from the Council of Mortgage Lenders (CML), 20% of the 148,000 borrowers who took out a new mortgage in the first quarter of 2014 stretched out the mortgage term over 30 years....

Having seamlessly absolved themselves from responsibility, the government continue to ignore the lack of housing supply that is currently fuelling property prices, instead placing the onus for cooling the market firmly on Mark Carney, governor of the Bank of England....

Although the government and the Bank of England seem to be taking a very laid-back attitude towards the UK's housing shortage, calls for action have become desperate pleas as experts predict the worst case scenario.....

It would be a complete joke if it only delivered a humourous punchline rather than an almost literal kick in the guts but the only people laughing in the aftermath of the measures introduced by the UK Mortgage Market Review are those with sufficient funds not to require a mortgage...

There appear to be two distinct camps of opinion when it comes to whether the UK is heading towards a property bubble...

Lenders and brokers operating in the UK's mortgage market have expressed concern over new rule changes set to come in this year and the effects that these could have on the market as a whole...

The implementation of the new Mortgage Market Review (MMR) regulations from April this year will change the market, subduing any great growth in the mortgage and lending sector...

The mortgage guarantee component of the Help to Buy scheme is causing confusion among first-time buyers. A consumer survey revealed 43 per cent of those new to the property market and other home movers are unsure of the benefits the scheme will give them.