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Mortgage Market Review Already Causing Problems


Thursday, May 15, 2014

Mortgage Market Review Slowing Down Mortgage Approvals The introduction by lenders of the Mortgage Market Review is the biggest regulatory restructuring that the UK mortgage market has seen in recent years and is intended to test the continued affordability of borrowers. It’s introduction was intended to protect customers from over stretching their financial commitments in [...]


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2014 – The Year Of The Landlord?


Tuesday, January 21, 2014

Will 2014 Be The Year Of The Landlord? The year ahead could be one of the best times to be a landlord in the UK, with strong tenant demand for rental property predicted to continue and property values expected to rise healthily until at least 2016. Last week Bank of England Governor, Mark Carney predicted [...]


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Banks Cut Back On Loans Despite FLS Extension


Thursday, June 6, 2013

Bank Loans To Business Falls It has been reported that UK bank lending has continued to dwindle, despite government attempts to reverse the trend through the introduction of the “Funding for Lending Scheme” (FLS). Bank of England (BoE) data showed that overall net lending fell £300 Million (GBP) in the first quarter of 2013. Lending [...]


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Reluctant Landlords Avoiding Insurance


Tuesday, January 29, 2013

When the financial crisis started in 2007/8, mortgage lending in the UK almost stopped because mortgage lenders became wary of the toxicity of sub-prime mortgage loans and raised their lending criteria to unprecedented and highly restrictive levels, virtually killing the UK property market. This meant that empty properties became financial millstones for many people who were unable [...]


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