Archive for October, 2008

Rate falls may cause ‘mortgage freeze’ to continue

Thursday, October 2nd, 2008

The lending freeze could last for another couple of years, home owners have been warned as one of the UK’s top mortgage lenders slashed its product range.
The Sunday Times has reported that Halifax has reduced the sum it was prepared to give out on two-year deals, a very common loan for mortgages and remortgages, from [...]

Buy-to-let mortgage options reduced

Thursday, October 2nd, 2008

Amid the slump in mortgage products this week, there has been a number of buy-to-let options dropped from the market.
According to Moneyfacts.co.uk, the number of mortgage products declined from 3,914 down to 3,427. This has impacted the total number of buy-to-let products available for borrowers when they come to remortgage.
The buy-to-let sector has seen a [...]


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