Tag Result: mortgage debt
Borrowers look to penalty-free mortgages as overpayment desire grows – analysis
Some advisers have noted a trend in borrowers either looking to make significant overpayme...
More than one in six people will still be paying off mortgages over the age of 65
More than one in six people expect that they will still be over the age of 65 before they ...
Purchase mortgage approvals fall but remortgage activity rises in April – Bank of England
The number of mortgage approvals continued to fall with purchase approvals coming to 48,70...
Homeowners make record gains as UK house price value hits £8.8trn high
The total value of all homes in the UK reached a high of £8.86trn at the end of 2022, ana...
Defaults set to rise as higher living costs pressure household finances, Bank of England warns
There could be an increase in defaults over the coming months as rising interest rates and...
Cost of living impact on mortgage holders will be minimal – BoE
Mortgage holders will see a contraction in their disposable income after essential expense...
Bank of England to consider withdrawing affordability test
The Bank of England will consult on withdrawing its affordability test recommendation, whi...
Share of high LTV mortgages issued this year below pre-global financial crisis – BoE
The share of high loan to value (LTV) mortgages issues to borrowers accounted for six per ...
Low rates and muted price rises pre-Covid will protect against house price crash – Savills
The combination of low interest rates and muted price growth pre-pandemic will cushion the...
BoE’s Broadbent eases fears over ‘unsustainable’ mortgage and household debt
Bank of England deputy governor Ben Broadbent has sought to ease concerns that UK mortgage...