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Remortgage News

 Has your mortgage rate been cut?
Will you benefit from mortgage rate cuts after the Bank of England slashed the bank rate from 3% to 2%?

Halifax told to pass on tracker rate cuts
Homeowners with Halifax tracker mortgages should get the full benefit of rate cuts despite small print that gives the bank the right not to pass it on

Mortgages 'are being rationed' - lenders
Mortgages are having to be 'rationed' and the situation will get even worse next year, the Council of Mortgage Lenders has warned

We are stuck on a 9.7% mortgage rate
Not long ago banks offered reasonably priced mortgages to almost everyone, but some now find themselves stuck on sky-high rates

Repossessions: Banks less 'trigger happy'
The number of repossessions hit a seven-year high of 26,200 last year, and are expected to rise again to 45,000 this year

Get a bargain dream home in the slump
If you dream of a cosy cottage in the Highlands or a slick warehouse in London, prices are in freefall and your ideal home may be within reach

Brookside close for sale £38,000 a house
When Britain's most famous cul-de-sac, goes under the hammer in two weeks' time, the 13 houses that made up the set of Merseyside TV soap Brookside will set a new benchmark for the tumbling property market

New buyers in luck as auctions cut prices
Thousands of homes are being sold for knockdown prices at auction as banks desperately try to offload repossessed flats

Mortgage lending falls 70% in a month
Mortgage lending collapsed during October, diving by nearly 70% to reach the second lowest figure on record, the Bank of England said

Rents fall in wealthier London boroughs
Rents in the most affluent London boroughs have fallen over the past three months as the economic gloom deepens, while those in poorer areas have risen


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