The Council of Mortgage Lenders (CML)Â today announced the results of it’s latest survey into mortgage lending, According to there figures lending has declined further in January 2009. Despite successive interest rate cuts lending for first time buyers declined by 51% over this time last year, with lending for remortgages and home movers decliining by… Read More
Homebuy Direct Is It As Good As It Seems?
29 January 2009 By Leave a Comment
The HomeBuy Direct scheme announced by the UK Goverment last November comes into being this month and offers people who want to buy homes the ability to own 100% of their home with a combination of a mortgage on 70% of the value and an interest free loan from the taxpayer and the developer for… Read More