Mortgages 2012 More Optimistic?

Well things are at last looking more promising in the housing market and although you should whisper it quietly we at mortgagemap are quietly confident 2012 will be a better year in the mortgage industry.

The Number of Mortgage Complaints is Down.

The number of complaints received by the Financial Ombudsman Service (FOS) fell during 2010/11.

Good News at Last!

An increase, not a huge one but an increase nevertheless in mortgage lending.

HIPS scrapped

The new Conservative, Lib Dem coalition government has announced as one of its first policies that they will be scrapping the controversial HIPS scheme.

No Credit Score Mortgages

Legal & General Mortgage Club has launched a new mortgage where applicants do not need to be credit scored.

£50 Million Mortgage Fraud

Six people have been charged in relation to a series of alleged commercial mortgage frauds.

Mortgage Approvals Plummet

Mortgage approvals dropped below 40,000 in March. This is its lowest level since the Labour government came to power in 1997.

House Price Fall According to Rightmove

UK house prices slumped for the second month in a row say Right Move Estate Agents.

Mortgage Fraud on the Increase

Banks are seeking to crack down on mortgage fraud as evidence mounts of a rise in the number of fraudulent borrowers.

Cameron Asks Banks To Do More

David Cameron wants more to be done to help those struggling with rising mortgage costs and facing the threat of repossession.

Andrew Lloyd-Webber Biggest Ever Mortgage

(LORD) Andrew Lloyd-Webber, the composer, has taken out what is thought to be Britain’s biggest home mortgage.

Tony Blair £4 Million Mortgage

Tony and Cherie Blair's housing debt is enough to make the eyes water.

Tessa Jowell One Month Mortgage

Anyone taking out a mortgage and paying it off within a month is likely to be investigated under laws designed to combat money-laundering.