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DAILY TELEGRAPH University maths 'too difficult' for British students - Thu, 09 Feb 2012 23:52:30 GMT
University maths 'too difficult' for British students - Fri, 10 Feb 2012 00:01:11 GMT
FINANCIAL TIMES Eurozone dismisses Greek budget deal - Thu, 09 Feb 2012 18:58:47 GMT
Eurozone dismisses Greek budget deal - Fri, 10 Feb 2012 00:07:16 GMT
BBC NEWS BBC News - Business - Fri, 10 Feb 2012 03:42:56 GMT
BBC News - Business - Fri, 10 Feb 2012 01:09:35 GMT
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NACFB: Maximise Your Membership Roadshow, Bristol
FTB deposit demand down
The deposits demanded by lenders have been dropping month by month, with the average deposit for first time buyers decreasing from 28.6% (June) to 25.4% in July and 21.25% in August.
This is according to Mortgageforce. Katie Tucker, technical manager at Mortgageforce, commented: "More generous deals are available; the ongoing stability of house prices reduces the risk of negative equity and repossessions that lenders are keen to avoid, so we should see more accommodating terms from them now.
"Be wary that, unlike ‘trackers', ‘discount' rates may increase even if the official Bank Rate (currently 0.5%) does not: because they are a discount from the lenders' own SVR rate, which is changeable entirely at their own whim.
"Although tracker and discount rates are looking very low currently, first time owners or anyone on a restricted budget should consider very carefully whether they could continue to afford their mortgage payments if that rate does increase by a few percent."
- Property better than other investments
- TCF Debt Solutions links up with V Loans
- RPS teams up with Sell 2 Rent
- Richard Farr joins MIF
- NACFB members badly hit
- MB Simply Mortgages expands
- The Funding Operation strengthens team
- Buildstore links with Melton Mowbray
- Poor lender service
- Rental market is stabilising
- Borrowers put faith in variable rates
- Named and shamed
- Broker banned for inadequate controls