Latest mortgage news - Mortgage Buyers
Bank of England stops mortgages from Funding for Lending
As fears of a house price bubble loom, Governor Mark Carney stops mortgage lending offered by the Funding for Lending scheme.
Mortgages and house prices fall in October
The number of loans approved by banks has reduced along with an unexpected fall in house prices for the month.
MPs question role of Bank of England in Help to Buy scheme
The Treasury Select Committee has asked the Bank of England to clarify its Help to Buy role as property prices rise.
Help to Buy scheme could be risk to property market
The Council of Mortgage Lenders has warned the government’s Help to Buy scheme could become another US mortgage crisis.
Mortgage lending in UK now at a five-year high
Figures from the Council of Mortgage Lenders (CML) show that mortgage loans were up 17% on the previous three months.
First time buyer demand increases by 33% in August, says CML
There has been an increase in demand for homes with more loans especially from first time buyers in August.
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Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.
Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.
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London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.