The property industry has been one of the worst hit in the recent economic recession. Mortgages have become tougher to receive as lenders are cautious in approving new mortgage loans. The mortgage market across UK has been negatively affected however some regions have witnesses a bigger decline than others. Mortgages in Scotland have been one [...]
Entries Tagged as 'mortgage'
Mortgages in Scotland Worst in UK
June 1st, 2009 by admin · No Comments
Tags: mortgage
Repossessions in UK Witness a Surge in Demand
May 1st, 2009 by admin · No Comments
To add to the problems faced by Estate agents in UK and by the property market in general, the recent report by one of UK’s property websites highlights the growing problems faced by property owners in UK. A property website in UK that focuses specifically on repossessions has last month released a statement reporting a [...]
Estate Agents Witness Improvement in UK Property Market for few months in a row
April 30th, 2009 by admin · No Comments
After more than a year of continuous downward trend n the UK property market, it looks like there is finally some reason to celebrate. After a long time market data on UK property has shown a slight improvement. The number of homes sold by estate agents reached its highest level in over a year. Latest [...]
Death of 100 Percent Mortgage Deals
April 24th, 2009 by admin · No Comments
It is common knowledge that the mortgage and property market has been one of teh worst hit form the economic recession being faced by UK. To make things worse in a recent announcement, Gordon Brown has called to permanently scrap 100 per cent mortgage loan deals. In reality 100% deals have become non existent for [...]
Mortgage Deposits Remain High in UK
April 24th, 2009 by admin · No Comments
It wil come as little surprise to many that overall deposits and down payments required for buying a property are at an all time high. Home buyers who are looking to take out a mortgage to buy a property will discover that they may require up to 30 per cent of the property value as [...]