Author Archives: David

Barclays is warning that consumers are missing out on a huge cost-saving opportunity after research by the bank revealed that 58% of homeowners have never changed their mortgage aside from moving house. Some 74% of those surveyed said they would … Continue reading →

Buy-to-let lending is set to increase further after two years of rising demand and supply, the Bank of England claims. In its Credit Conditions Survey the Bank highlights buy-to-let lending as an area that has grown in supply and demand … Continue reading →

Recently the British Bankers Association has suggested that the declines in the level of lending for mortgage purposes from both banks and building societies have been due to a lack of consumer demand. This is not quite the case as … Continue reading →

The housing ‘part-exchange’ market was booming in 2007 and the early part of 2008 before the effect of the recession took hold. This type of transaction hit 36,799 in 2007 and 32,959 in 2008. However in 2009 there was a … Continue reading →

Alert for families on variable mortgages The Bank of England has warned that millions of households face mortgage misery in 2011 because they have become vulnerable to higher interest rates.In its twice yearly financial stability report, the Bank warns that … Continue reading →

Four in 10 mortgage holders have no life cover A total of 43% of mortgage holders in Britain do not have their mortgage payments protected by life insurance, according to data from a major life insurer.The findings suggest that there … Continue reading →

 A recent survey has revealed that 90% of people planning to take out a mortgage in the next year do not completely understand the difference between the main types of mortgages that are on offer.