Adults aged 35-44 years living on a financial knife-edge

Adults aged 35-44 years living on a financial knife-edge

One in four unable to pay their mortgage if monthly income dropped by just £300.



Latest articles from Mortgages

OFT wins high court order against Foxtons

The OFT has secured a final high court order against Foxtons Ltd preventing it from using certain terms concerning sales and commissions in its letting agreements with consumer landlords.

House prices grow annually

The latest figures from Assetz House Price Watch show that house prices were 4.7% higher in January than at the same time in 2009

Mortgage approvals drop in January

The number of loan approvals for house purchase in January, at 48,198, was lower than the December figure of 58,223, according to the latest data from the Bank of England.

Buy-to-let remortgaging reduces

The proportion of landlords remortgaging their investment properties continued to decline in the final quarter of 2009.

Arrears and possessions lower than predicted

Mortgage lenders took 10,200 properties into possession in the fourth quarter of 2009 - 13% lower than in the third quarter, and 2% down on the fourth quarter of 2008, according to the Council of Mortgage Lenders.

Fears over buy-to-let regulation

Landlord Assist fears the buy-to-let sector is becoming over-regulated.

FTB loans highest for 2 years

The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 - £175,000 bracket before the year-end stamp duty concession expired, according to figures released today by the Council of Mortgage Lenders.

Nationwide extends LTV requirements

Nationwide is to increase its LTV requirements from today.

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