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Nationwide House Price Index and House Prices Generally Nationwide's November house price index press release quotes prices in November as increasing by 0.2% but this misleading figure is only after…

Santander Cuts “Revert-to” Rate by 1% From today Santander is reverting to its pre 23rd January 2018 policy for its “revert-to” rate by using a managed rate, SVR (standard variable rate), instead of…

The Autumn Statement Could Give FTBs a Massive Boost at Little Cost I note from The Times that The Chancellor is considering a package of support for FTBs (first-time buyers) for the Autumn…

Highest SVR for 25 Years Virgin Money (plus Clydesdale Bank and Yorkshire Bank) announced yesterday an increase in its SVR to 9.49%, maintaining its unenviable position as the mainstream lender with…

Mortgage Charter New FCA Rules In his statement announcing the Mortgage Charter The Chancellor said the changes he announced would be available to borrowers with “no questions asked”. The Bank of…

Jeremy Hunt's Mortgage Charter Jeremy Hunt has “agreed” 3 measures with lenders to help mortgage holders struggling with increasing rates. A genuine agreement of this sort would not normally be made…

CPI Figures to Push Up Mortgage Rates Although today's CPI figures show a fall to 8.7% the fall was less than expected and more worryingly core inflation increased from 6.2% to 6.8%. The comment in…

How Have the 100% Borrowers of the Noughties Fared? 100% mortgages which didn’t rely on family help were last available back in 2007 and I suspect a large majority of first-time buyers who borrowed…

A Review of Skipton’s Residential Track Record Mortgage Skipton Building Society’s launch of the first 100% LTV mortgage since 2008 which does not require family support is not only welcome for FTBs…

Interest Rates and House Prices Although the initial media focus on February’s Bank Rate decision was on the 0.5% increase, that was not the most important part of the MPC’s announcement. Arriving at…