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Category: Residential Mortgages

household finances during pandemic

The Nottingham Building Society will adopt KFI+ and has ruled out offering foreign currency mortgages after the Mortgage Credit Directive comes into force.

SMP announces 2016 roadshows

The Society of Mortgage Professionals has announced 10 roadshows in Newcastle, Birmingham, Bristol, Scotland and London.

Nationwide has announced transitional measures to the Mortgage Credit Directive taking place later in the month.

Potential first-time buyers have opened a Help to Buy ISA account every 30 seconds since the scheme was launched on 1 December 2015.

Economists have put back their predictions on a first base rate hike after the Monetary Policy Committee unanimously voted to hold the base rate today.

The Bank of England was unanimous in holding the base rate at 0.5%.

House prices up 9.7%

Quarterly house price growth reached 9.7% in the year to January 2016, Halifax’s house price index has revealed.

Lloyds Banking Group will make 1,755 redundancies and close 29 branches in three years as it looks to become a lower cost digital bank.

Brunel changes fee structure

Brunel Mortgages has updated its fee structure in response to Mortgage Credit Directive changes.

eMoov has released a London Underground Tube Map detailing the house prices surrounding every stop.