The uncertain economic conditions facing the UK are leading mortgage brokers to recommend that borrowers “shop around” for the best deals, according to the BBC. Since the beginning of the week, a significant number of lenders have increased their costs for first-time buyers, some by up to 0.3 per cent, while others have altered their [...]
A UK-based company specialising in buy-to-let mortgages revealed today that it is planning to acquire more firms, following a pleasing increase in its quarterly operating profits.
The White House revealed yesterday that US President Barack Obama is to launch a new task force with the job of investigating alleged mortgage fraud.
The Council of Mortgage Lenders (CML) revealed today that last month UK mortgage lending rose year-on-year for the fifth successive month in a row, although it is still urging caution with regard to Britain’s property market throughout 2012.
The ongoing trend towards greater competition in the buy-to-let mortgage market stepped up a notch today, when the Yorkshire Building Society said that it will be loosening its lending criteria for such deals offered to borrowers in England and Wales.
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