Quick fix

Harris, Mark
June 2009
Money Marketing;6/11/2009, p28
In this article the author discusses the outlook for the mortgage market in Great Britain. He states that most of the borrowers are asking the lenders to fix their interest rates as the housing market shows some positive signs. He also adds that lenders should raise fixed rates if the clients are already paying less than 5% because valuing their loan is the most important thing to consider.


Related Articles

  • FTB foothold in market slipped in July. Stavro-Beauchamp, Laura // Mortgage Strategy;9/17/2007, p10 

    The article presents data from the Council of Mortgage Lenders (CML) showing a decline in the number and value for first-time buyers of mortgages in Great Britain. According to the author, the number of loans to first-time buyers fell by 7% from June's levels to 32,400 and its value by 4% to...

  • Market watch. Cornell, Jonathan // Mortgage Strategy;8/6/2007, p24 

    The article offers updates on the mortgage industry in Great Britain. The industry has recorded a decline in the rates of swaps with 0.16 percent for two years and 0.18 percent for three years. In addition, there has been an increasing demand for fixed rate loans by clients. Also, the launch of...

  • Precise slashes its prime mortgage 2-year deal by 0.6%. Brennan, Henry // Mortgage Strategy (Online Edition);10/ 9/2012, p13 

    The article reports that Precise Mortgages has significantly reduced the rate on its two-year fixed rate deal from 3.49 percent to 2.89 percent. The company first introduced an array of prime home owner mortgage products aimed at borrowers in the south of England towards the end of September...

  • Market Watch. Cornell, Jonathan // Mortgage Strategy;5/8/2006, p23 

    This article presents an update on the mortgage market of Great Britain. It informs that the cost of funding for a two-year fixed rate is now above 5 percent. A few lenders have two-year fixed rates below 4.5 percent. Halifax has changed its information requirements regarding interest-only...

  • Rates of change. Cornell, Jonathan // Money Marketing;11/24/2005, p80 

    The article focuses on interest rates related to the mortgage industry in Great Britain. One of the key aspects of the mortgage industry is interest rate changes. Adjusting to interest rate changes can be very complicated, especially at times like these when lenders seem to be re-pricing their...

  • End of the road for long-term fixation. Mounty, Peter // Mortgage Strategy;2/18/2008, p22 

    The article reports on the analysis in managing mortgage debt in Great Britain. The author notes that lenders have launched fixed rate products with all manner of terms over the years. However, despite the popularity of the concept, the public has shield away from committing themselves to...

  • Warning on sub-prime borrowers. Holt, Natalie // Mortgage Strategy;1/19/2009, p10 

    The article reports on the warning of Citizens Advice to sub-prime borrowers in Great Britain. Citizens has released a stark warning over the number of sub-prime borrowers going over fixed rates with no lender to turn to. According to Peter Tutton, senior policy officer at Citizens, there is a...

  • Fixed rate deals are becoming attractive. Tucker, Katie // Mortgage Strategy;2/2/2009, p13 

    The article focuses on the fixed rate deals in Great Britain. It states that mortgage features start to benefit borrowers and most lenders offers portability which is an important benefit in long-term borrowing. It notes that five-year fixed rate deals are on their way to best buy table and...

  • Virgin Money cuts rates across residential range. Ray, Devraj // Mortgage Strategy (Online Edition);9/26/2013, p2 

    The article reports on the decision of finance company Virgin Money to cut rates across its residential mortgage range in September 2013. The rates will go up to 85 basis points to allow borrowers to lock into a fixed rate. The rates were reduced by the firm by 0.1 pr cent up to 1.94 per cent...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics