News
Top 10 most read mortgage broker stories this week – 11/11/2022
The movements of house prices and interest rates gained readers’ attention this week, as the Halifax house price index and EY’s predictions made the most read list.
Readers were also keen to know what the impact of higher mortgage interest rates would have on borrowers, and brokers discussed the potential of using offset mortgages to ease the costs.
News that Barclays was compensating mortgage borrowers for PPI breaches also piqued reader interest, as did a warning from Housing Secretary Michael Gove about developers’ approaches to footing the bill for property remediation.
House prices fall as higher mortgage rates bite – Halifax
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Barclays mortgage holders to share £1m after historic PPI breach
‘No hiding place’ for those trying to dodge remediation bills, Gove warns
Brokers fear tax raid on holiday home sector in Autumn Statement
Lenders need innovative approaches as a new dawn for mortgages breaks – Zoopla
‘Underrated’ offset mortgages are a key tool in the broker arsenal – analysis
Average property prices expected to fall five to 10 per cent ‒ EY
Are shared ownership affordability tests due a radical overhaul? – Shared Ownership Resources
Mortgage rates of 5.5 per cent will push 400,000 people into poverty – JRF