http://www.agmortgagebroker.com/ en Fri, 13 May 2011 11:07:00 +0000 Contao Open Source CMS Mortgage brokers have been told of the rise in the number of first-time buyers successfully finding their way onto the property ladder.

According to findings by e.surv, April saw houses with a value of under £125,000 accounting for 27 per cent of all mortgage approvals.

This...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/first-time-buyers-seeing-attractive-option-of-owning-a-home-1305284820.html Fri, 13 May 2011 11:07:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/first-time-buyers-seeing-attractive-option-of-owning-a-home-1305284820.html Brits who are seeking mortgage advice as they look to move into their first home have been given some tips into how to afford a deposit.

Justin Modray, from candidmoney.com, admitted that although the answer may seem "depressing", people should first work out hoe much cash they...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-work-out-a-budget-when-saving-for-deposit-1305195060.html Thu, 12 May 2011 10:11:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-work-out-a-budget-when-saving-for-deposit-1305195060.html People seeking mortgage advice have been told of the pressure that is being put on the UK's housing market as a result of a growth in selling activity.

The Royal Institution of Chartered Surveyors (Rics) noted that there is a significant gap between the number of homes going up for...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/rise-in-sellers-having-impact-on-house-prices-mortgage-brokers-told-1305113160.html Wed, 11 May 2011 11:26:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/rise-in-sellers-having-impact-on-house-prices-mortgage-brokers-told-1305113160.html Brits seeking mortgage advice have been told of a divide that is growing between northern and southern UK house prices.

Vernon Pethard, managing director at newhomesforsale.co.uk, believes that the movements of new home prices will "vary depending on region".

For...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/gap-developing-in-north-and-south-house-prices-1305026700.html Tue, 10 May 2011 11:25:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/gap-developing-in-north-and-south-house-prices-1305026700.html More first-time buyers could be seeking out mortgage advice, if new research is anything to go by.

A survey by Rightmove has found that more than 26 per cent of Brits hoping to buy property in April were those looking to get onto the housing ladder for the first time.

This is a...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/more-first-time-buyers-seeking-mortgages-1304938860.html Mon, 09 May 2011 11:01:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/more-first-time-buyers-seeking-mortgages-1304938860.html Some reaction has been given about the latest Bank of England mortgage statistics, which may interest those seeking home loans.

It was recently reported that the Bank had seen the number of mortgage approvals sit at 47,557 in March, a jump compared to the 46,708 in February and of the...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-still-at-low-levels-1304680140.html Fri, 06 May 2011 11:09:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-still-at-low-levels-1304680140.html Those seeking mortgage advice have been told that the chances of the number of 90 to 95 per cent loan-to-value (LTV) mortgages rising are unlikely.

Ben Wilkie, editor at What Mortgage, believes that there are two reasons that this will probably not be witnessed in the short...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/reasons-why-increase-in-90-to-95-ltv-mortgages-improbable-1304593560.html Thu, 05 May 2011 11:06:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/reasons-why-increase-in-90-to-95-ltv-mortgages-improbable-1304593560.html Those seeking mortgage advice have been told of the possible reasons why the UK has seen a rise in the number of £1 million property sales.

Lloyds TSB recently revealed that in 2010, the country there were 7,185 purchases of these types of homes, a rise of 54 per cent compared to the...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-brokers-told-flourishing-of-top-end-property-not-surprising-1304507160.html Wed, 04 May 2011 11:06:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-brokers-told-flourishing-of-top-end-property-not-surprising-1304507160.html Mortgage brokers have been told that while the spring months are usually a strong time for property demand, the market will not see a significant shift in activity.

This is the view of Liam Bailey, head of residential research at Knight Frank, who pointed out that March and April are...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-surge-in-housing-market-activity-unlikely-1304420460.html Tue, 03 May 2011 11:01:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-surge-in-housing-market-activity-unlikely-1304420460.html The banks' net mortgage lending growth figure is significantly ahead of the general mortgage market, according to new research.

According to the British Banker's Association (BBA), the annual growth in March for the former group was 2.3 per cent.

Such a figure means that...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-activity-affected-by-uncertain-economy-1303989120.html Thu, 28 Apr 2011 11:12:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-activity-affected-by-uncertain-economy-1303989120.html Mortgage brokers may be pleased to hear that the price of buying a home is now cheaper than renting, if a new study is to be believed.

Research conducted by Halifax has found that if they were to purchase a three-bedroom home in the UK, the average monthly costs would amount to £608,...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/buying-cheaper-than-renting-mortgage-seekers-told-1303901700.html Wed, 27 Apr 2011 10:55:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/buying-cheaper-than-renting-mortgage-seekers-told-1303901700.html Mortgage brokers have been told that the market is expected to see an increase in activity in the coming months, even if this is just slightly.

Ben Wilkie, editor at What Mortgage, gave this estimation following Datamonitor's prediction that UK citizens will have to wait until 2014 to...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-to-slowly-pick-up-in-2011-1303815600.html Tue, 26 Apr 2011 11:00:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-to-slowly-pick-up-in-2011-1303815600.html Mortgage brokers will be pleased to hear that there have been signs of improvement in the housing market as of late.

Liam Bailey, head of residential research at Knight Frank, noted that the last two months have seen some growth in this area.

This follows a winter that "was...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-uk-housing-market-improves-from-weak-winter-1303382760.html Thu, 21 Apr 2011 10:46:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-advice-uk-housing-market-improves-from-weak-winter-1303382760.html Mortgage brokers have been told that the market in which they operate in is expected to remain tight for some time to come.

A report by Datamonitor has pointed this out, showing that no significant growth will be seen in the mortgage market until at least 2014.

One of the main...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-to-remain-tight-1303297920.html Wed, 20 Apr 2011 11:12:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-market-to-remain-tight-1303297920.html The number of people in the UK applying for mortgages is on the rise, if new research is anything to go by.

Mortgage brokers were told that the number of requests for this type of home loan jumped 11.6 per cent in March, when compared to February, according to figures in an index created...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/number-of-mortgage-applications-increase-in-uk-1303210980.html Tue, 19 Apr 2011 11:03:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/number-of-mortgage-applications-increase-in-uk-1303210980.html Those seeking out mortgages have been told of the impact that interest rates could have on the amount owed.

Jasmine Birtles, founder of moneymagpie.com, noted that the impact of rising or falling interest rates can differ depending on the type of mortgage opted for.

For example,...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/homeowners-looking-for-mortgage-advice-told-of-interest-rates-impact-1303126020.html Mon, 18 Apr 2011 11:27:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/homeowners-looking-for-mortgage-advice-told-of-interest-rates-impact-1303126020.html Those seeking mortgage advice have been told of a possible reason why the UK is seeing a rise in higher value rental property.

Mark Garner, managing director at LettingZone, believes that many homeowners in the pricier properties of the country have been hoping that house prices will rise,...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-holders-in-expensive-homes-have-held-out-as-long-as-possible-1302865380.html Fri, 15 Apr 2011 11:03:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-holders-in-expensive-homes-have-held-out-as-long-as-possible-1302865380.html Mortgage brokers have been told to expect house prices to remain static throughout the rest of the year.

Jon Brown, partnership manager at iammoving.com, gave this view after the Royal Institution of Chartered Surveyors (Rics) found that the housing market in the UK continued to be flat in...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-brokers-told-static-house-prices-to-continue-1302778440.html Thu, 14 Apr 2011 10:54:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-brokers-told-static-house-prices-to-continue-1302778440.html Brits have been told that there are still some great mortgage offers available to them, if circumstances are right.

Paul Holmes, chief executive of Firstrung, admitted that mortgages are no longer on offer to a wide range of mainstream consumers.

However, he pointed out that if a...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/great-bargains-on-mortgages-still-available-1302692940.html Wed, 13 Apr 2011 11:09:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/great-bargains-on-mortgages-still-available-1302692940.html Mortgage brokers have been told of the many homeowners who are unaware of the effects that a Bank of England base rate rise would have on their home loan.

New research conducted by unbiased.co.uk found that 22 per cent of British property owners have no idea of the aftermath of such an...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/homeowners-confused-about-effect-of-base-rate-rise-on-mortgages-1302603240.html Tue, 12 Apr 2011 10:14:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/homeowners-confused-about-effect-of-base-rate-rise-on-mortgages-1302603240.html British homeowners have been told that there has been a slight rise in mortgage lending during February.

The Council of Mortgage Lenders (CML) revealed the figures, which suggest an upturn after a downbeat January.

Of the data released, those looking for mortgages were told that...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-lending-rose-in-february-1302520020.html Mon, 11 Apr 2011 11:07:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-lending-rose-in-february-1302520020.html People have been given some mortgage advice into which deals they should look out for, as well as the risks of some offers.

Catherine Hearnden, director at MyMortgageDirect, pointed out that fixed-rate deals will help those looking to work out a budget in the long term.

However,...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/fixed-rate-mortgage-loans-will-not-suit-all-people-1302259740.html Fri, 08 Apr 2011 10:49:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/fixed-rate-mortgage-loans-will-not-suit-all-people-1302259740.html Brits seeking mortgage advice have been told of ways that they can avoid going into arrears with their home loan.

The Consumer Credit Counselling Service (CCCS) has listed down some recommendations to averting this pitfall, which could be of interest to homeowners.

For one, the...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/cccs-gives-brits-mortgage-advice-1302174780.html Thu, 07 Apr 2011 11:13:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/cccs-gives-brits-mortgage-advice-1302174780.html People seeking mortgage advice may be interested to hear that there have been signs of increased confidence in the housing market.

The Housing Market Sentiment Survey, which was set up by Zoopla.co.uk, found that 59 per cent of UK homeowners expect house prices to increase over the next...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-holders-told-of-rise-in-house-market-confidence-1302087180.html Wed, 06 Apr 2011 10:53:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/mortgage-holders-told-of-rise-in-house-market-confidence-1302087180.html Increasing costs in mortgage loans across various areas over the past 18 months have left many consumers confused.

Comparison site moneysupermarket.com has found that the average application fee has risen by £97 since September...]]> http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/rising-mortgage-loan-costs-creating-confusion-1302002400.html Tue, 05 Apr 2011 11:20:00 +0000 http://www.agmortgagebroker.com/mortgage-broker-news/posts/items/rising-mortgage-loan-costs-creating-confusion-1302002400.html