Property Market stagnates – as mortgage lenders tighten up on product criteria.
House Prices have seen its sharpest drop since the 1990s. Halifax reported a fall in house prices by 2.5 per cent during March 2008.
The overall growth has been at its lowest this year as house prices across the country is just 1.1 per cent [...]
Archive for April, 2008
Property Market Slows
Posted in Loans, Mortgages, tagged CK Financial Solutions, ckfs, interest rates, mortgage lenders, Mortgages, re-mortgage on April 9, 2008 | Leave a Comment »
Banks Withdraw from lending
Posted in Loans, Mortgages, tagged bank of ireland, first direct, first time buyers, mortgage, Natwest, scottish widow, sub prime mortgage on April 2, 2008 | Leave a Comment »
There’s been an influx of sub prime borrowers coming out of their fixed rates and looking for better rates, but they are being refused because these types of mortgage application are seen as high risk. Borrowers are advised to ensure all their payments are on time due to lenders being very picking with applications they choose [...]
