Category: Finance
Are house prices in the UK stagnant?
September showed little change within the UK housing market, showing a 0.1% gain for the month. The average over the last three months showed the a negative change of 0.9%, which is the first time the figures have been negative since November 2009. The fluctuation are minimal, showing that the UK housing market is not [...]
Read moreAnother Mortgage Broker Fined
A Mr David Roberts of A-Z Mortgages Limited has been fined £14,000 and had his permission to undertake regulated activities revoked by the Financial Services Authority (FSA). These, are the consequences of Mr Roberts reluctancy to cooperate and disclose information to the FSA. The ‘Small Firms’ division of the FSA uncovered numerous system and [...]
Read moreIncreasing mortgage repayment difficulties for landlords
Across the UK, thousands and thousands of landlords are struggling to keep up with mortgage payments on their properties. A problem which could escalate should there be an increase in the Bank of England’s (BOE) base rate. The base rate currently stands at 0.5%, and the BOE look as though they will hold the [...]
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