Flurry of mortgage rate cuts as average five-year fix finally goes back below 6%
Halifax, Barclays and Clydesdale Bank have all cut their mortgage rates this afternoon, as the interest paid on a home loan continues to fall.
Source: dailymail.co.uk
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UK 'mortgage meltdown' looms amid 'terrifying' growth in arrears | Mortgage arrears
Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’
Source: theguardian.com
Mortgage arrears hit their highest level for 7 years
The value of outstanding home loans with arrears climbed by 13% to £16.9bn in the second quarter of this year, Bank of England figures show.
Source: dailymail.co.uk
Value of UK mortgage arrears jumps by a third
The value of mortgage arrears jumped by almost 30% as interest rates increase.
Source: bbc.co.uk
Number of mortgage approvals to home buyers drops by nearly 10% month-on-month
Experts pointed to the impact of concerns about the wider economy on the housing market for the fall.
Source: northern-times.co.uk