First-time buyer mortgage lending rose 74% before stamp duty axe

Posted by & filed under Business, First-time buyers, guardian.co.uk, Housing market, Money, Mortgage lending figures, Mortgages, News, Property, UK news.

Number of mortgages advanced to first-time buyers in March hit 24,000, with 98% taking out repayment loansThe end of the stamp duty holiday on homes costing between £125,000 and £250,000 led to a surge in activity in the mortgage market in March, acc…

Halifax Home Finder – consumer app of the week

Posted by & filed under Android, Apps, Business, Features, guardian.co.uk, House prices, Housing market, iPhone, Mobile phones, Money, Mortgages, Property, Smartphones, Technology, Telecoms.

A property search, house prices and mortgage rates all in one place – is this the ultimate homebuying/snooping app?App: Halifax Home FinderBy: The app was built by design company Grapple (which we wrote about here)Price: FreeAvailable on: iOS 4.0 or …

Repossession day in court: ten minutes with a lawyer, five before a judge | Jon Robins

Posted by & filed under Borrowing & debt, Comment, Family finances, guardian.co.uk, Housing, Law, Legal aid, Money, Open justice, Property, Repossessions, Society, UK news.

Legally-aided advice desk at Clerkenwell and Shoreditch county court is a vital service for clients who may lose their homesThere is something Dickensian about repossession day in our courts. Recently I spent a day Clerkenwell and Shoreditch county cou…

Mortgage lending up 20% in February

Posted by & filed under Banks and building societies, Business, First-time buyers, guardian.co.uk, Housing market, Money, Mortgage lending figures, Mortgage rates, Mortgages, News, Property, UK news.

Rise in first-time buyer numbers behind overall increase in lending for house purchases, CML figures suggestMortgage lending for house purchases was up by 20% year-on-year in February, but lenders said the increase may have been fuelled by changes to s…

‘Nation of renters’ warning from estate agency chief

Posted by & filed under Banks and building societies, Communities, guardian.co.uk, House prices, Housing, Housing market, Mortgage rates, Mortgages, News, Property, Real estate, Society.

Generation aged 18-34 risks being priced out of market unless government helps housebuyers, says head of CountrywideThe chief executive of the UK’s largest estate agent has renewed calls on the government to intervene in the housing market to prevent f…

Governments should help with mortgages to avoid prolonged slump

Posted by & filed under Borrowing & debt, Business, Economics, Financial crisis, Financial sector, Global economy, guardian.co.uk, IMF, Money, Mortgage arrears, Mortgages, News, UK news, United States, World news.

Rapid buildup of household debt during boom leads to deeper downturn when bubble bursts, World Economic Outlook arguesGovernments should step in to help struggling households write off part of their mortgages in the wake of a financial crisis to avoid …