Mortgage lending down 52%

Mortgage lending down 52%

Lower mortgage rates are failing to revive the property market, with total mortgage lending falling by £600 million in October.


Latest articles from Mortgage Advice

Shabby Abbey hikes tracker mortgages by 0.5% - 05/11/08

Abbey has hiked the rates on all its tracker mortgages by 0.5%, cancelling out tomorrow’s expected base rate cut.

Fixed mortgage rates fall - 03/11/08

Fixed rate mortgage are finally getting cheaper, but only if you have a sizeable deposit.

Why Stamp Duty must go - 12/08/08

Chancellor Alistair Darling refused to rule out a suspension of Stamp Duty in a package of measures to help the housing market.

Time to track - if you can afford the risk - 24/07/08

The average rate on a two year tracker mortgage is now 0.55% lower than a two year fix.

HIPs must be made voluntary - report - 18/06/08

Home Information Packs are extremely expensive yet contain little useful information, a scathing report has claimed.

High time to scrap failed HIPs - 02/04/08

Almost everyone except the government and the HIP providers thinks HIPs are irrelevant and costly

Prime properties ignore national slump - 07/03/08

The hotspots are still seeing price growth regardless of the rest of the country

A new mortgage good for all weathers - 27/02/08

The mortgage market hasn't seen any genuinely new products recently so this new offering is good news

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