Mortgage Advice

Hundreds of thousands to pay off mortgages with pension cash

Around 320,000 homeowners aged 51-65 are planning to use money from their pensions to pay off their mortgages, according to new research from retirement income provider Just Group. Just adds that 23 per cent of the homeowners aged 51-65, or nearly a...continue reading

UK Finance: Gross mortgage lending up 9% in June

UK Finance has estimated that gross mortgage lending reached £22.1bn in June, 9 per cent above the total for May. The trade body, which encompasses the former Council of Mortgage Lenders, says that the June 2017 total is 3 per cent higher than...continue reading

First time buyer numbers continue to grow

According to the latest report from the Council of Mortgage Lenders (CML), homebuyer numbers saw a marked increase on February figures as 61,700 loans were taken out during the month - a rise of 27% against February but down 12% on March 2016. First...continue reading

17% switch from downsizing to equity release

Research from Bower Retirement has found that 17% of would-be downsizers decided instead to release property wealth through equity release. Bower’s specialist advisers claim their clients have tried downsizing before switching to lifetime mort...continue reading

Homeowners seek lower rates and longer deals

Re-mortgaging homeowners are seeking out lower interest rates and longer fixed deals, according to conveyancing service provider LMS. Some 32% of homeowners who re-mortgaged in March moved to a five-year fixed deal, despite just one in ten previousl...continue reading

Are you looking to sell or rent your property? Get Your Free Valuation in Seconds