UK Mortgages

You Need To Know How This Bank Governor Could Ruin Your Day

The Huffington Post/PA | Posted 24.07.2014 | UK Politics

Britons need to wake up to how much more financial pressure they could be put under when the Bank of England raises interest rates from the UK's histo...

Carney Says UK Economy Must Perform Like A Marathon Runner

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

Mark Carney has declared that Britain needs the "hard work, dedication and perseverance" of an athlete to win the global "economic marathon". Speak...

Did Osborne Really Save The Economy? Bank Of England Doesn't Think So..

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

The Bank of England's prudent decisions after the financial crash helped ensure the UK's economic recovery took hold, a senior Bank economist has said...

Carney Deputy Warns Housing Market Is 'Biggest Risk' To UK Economy

The Huffington Post UK | Asa Bennett | Posted 03.07.2014 | UK Politics

The housing market remains the "biggest risk' to Britain's economy, Bank of England deputy governor Sir Jon Cunliffe has warned. Cunliffe, who over...

London House Prices Soar At Fastest Rate In 27 Years

The Huffington Post/PA | Posted 02.07.2014 | UK

House prices in London have soared at their fastest rate in 27 years, smashing through the £400,000 average property mark for the first time, Nationw...

London Property Prices Have Not Jumped This Far In 11 Years

The Huffington Post/PA | Posted 27.06.2014 | UK

London property prices soared at their fastest annual rate in 11 years in May, although Mark Carney urged Britons to stop obessing about when interest...

WATCH: Carney Thinks Cable's Mortgage Cap Would Ruin The Recovery

The Huffington Post UK | Asa Bennett | Posted 27.06.2014 | UK Politics

Bank of England governor Mark Carney has dismissed Vince Cable's call to cap mortgages at three-and-a-half times a house-buyer's salary, warning that ...

Hoping To Buy Your First Home? Here's Why Carney May Have Ruined That

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

Mark Carney boasted that the Bank of England was acting on fears about Britain's roaring housing market by forcing lenders to hand out at most 15% of ...

Carney Admits His Own Plans To Cool The Housing Market Won't Do Much

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

The Bank of England has admitted that its latest measures to rein in Britain's roaring property market will have "minimal" impact, as fears mount that...

Defusing an 'Affordability Timebomb'

Graeme Yorston | Posted 19.06.2014 | UK
Graeme Yorston

Perhaps one of the most positive outcomes of the recent economic crisis was the message that consumers would benefit from saving more and borrowing more responsibly. So accessible were interest free loans, 105% mortgages and credit accounts that consumers came to believe they could afford anything, irrespective of their financial circumstances.

'Act Now To Stop A Massive Housing Crash', IMF Warns World

The Huffington Post UK | Asa Bennett | Posted 12.06.2014 | UK Politics

The International Monetary Fund has sounded the alarm over the state of the housing market around the world, as it published new data showing that pro...

You Are Probably Buying Way Too Much Insurance - Don't!

Lars Kroijer | Posted 09.06.2014 | UK
Lars Kroijer

In very rough terms the world of insurance is divided into life and non-life insurance. Non-life insurance is for things like your car, house, travel...

UK House Prices Have Not Jumped This Far Since 2007

The Huffington Post/PA | Posted 03.06.2014 | UK

UK house prices have leapt by 11.1% over the last year in the strongest annual growth seen since June 2007, building society Nationwide has reported. ...

MMR, a Shot in the Arm for Potential Home Owners?

Michael Bruce | Posted 16.07.2014 | UK
Michael Bruce

The Council for Mortgage Lenders have announced a glowing increase in mortgage activity year-on-year for March. Does this represent a storm of people rushing for funding before the Mortgage Market Review ("MMR") provisions came in or is this a representation of how there is an air of financial confidence and prudence in the minds of sellers and buyers alike?

Adapting to the Needs of Young Consumers

Peter Vicary-Smith | Posted 16.05.2014 | UK
Peter Vicary-Smith

They say youth is wasted on the young - but how easy is it to be a young person these days? Many are struggling to find employment and for those who have jobs, they face falling wages, rising prices and a struggle to get on to the property ladder.

Welcome to Inequality Street

Dr Simon Duffy | Posted 19.04.2014 | UK Politics
Dr Simon Duffy

Britain prides itself on its sense of justice, on fair play and sticking up for the underdog. So what's gone wrong? Increasingly, as we look around, we find we're living on Inequality Street. Take, for example, the 2010 austerity programme. In theory the cuts didn't have to target the poorest, but in reality they have. This week The Centre for Welfare Reform published a new report, Counting the Cuts, which measures, not just how large the cuts have been, but also how fair they are, and who is being targeted. The results are shocking.

Can Payday Loans Affect Your Mortgage Chances?

James Jones | Posted 13.04.2014 | UK
James Jones

I think it's safe to say that most people have heard of payday loans, what with the countless adverts for them on TV these days. A lot of people have heard of them, a lot of people use them, but how many people actually know about their effects on credit ratings?

Many Help to Buy Hopefuls Are Ill-Prepared for the Scheme

James Jones | Posted 01.04.2014 | UK Politics
James Jones

Help to Buy is bringing homeownership to within touching distance for thousands of younger buyers earlier than they may have thought possible. But it's important to remember that the deposit is just part of the equation and consideration must be given to how much you can afford to borrow - and crucially repay in the years to come.

Ten Financial Resolutions to Save You Thousands

Sarah Willingham | Posted 04.03.2014 | UK Lifestyle
Sarah Willingham

Like most people, I have eaten too much, certainly drunk too much and spent a fair bit of money on gifts and entertainment. However, as 2014 begins, we can all take stock and make some big financial resolutions that require minimum effort but will provide BIG rewards!

Carney Pours Cold Water On Housing Market

The Huffington Post UK | Asa Bennett | Posted 28.11.2013 | UK

Mark Carney has moved to cool the mortgage lending market by announcing the withdrawal of the Bank of England's flagship scheme to back banks lending....

The World of Spies, Wealth Creation and Yoga

David Green | Posted 23.01.2014 | UK Lifestyle
David Green

Yoga, India's greatest and most well known export, is relevant to every aspect of life and what hits the news. In Sanskrit, yoga has 32 meanings. These include business, wealth, friendship, union, to deceive, rules, carrying out war and even spying!

Jessica Elgot

20 Reasons Why You Should Be Glad You Don't Own A Flat Anyway

HuffingtonPost.com | Jessica Elgot | Posted 30.10.2013 | UK

Young people of London (and most of the rest of the UK)! Are you stuck in rental oblivion? Would need to sell a vital organ or go on the game, jus...

LOOK: A Handy Guide To The ‘Help to Buy' Scheme

The Huffington Post UK | Posted 09.10.2013 | UK Comedy

(Created for HuffPost UK Comedy by HM Treasury David Schneider and David Beresford) More TOPICALOLs: David Cameron's Revealing Reshuffle N...

Young and Successful but Will I Ever Be Able to Afford a Mortgage? Unlikely

Jessica Rose | Posted 15.09.2013 | UK Politics
Jessica Rose

It's currently easier to run a successful business than it is to buy a flat as a young person starting out on the property ladder. A 10% deposit of £20 or £30 grand just isn't realistic for those on average incomes, nationally £26k a year.

Can You Live Your Life Without Debt?

Daley James Francis | Posted 03.07.2013 | UK Lifestyle
Daley James Francis

As soon as the country falls into the mess of recession, that's when the prudence comes in, but by then it's too late. We're used to getting what we want when we want it in this country, and we've provided our own undoing as a result by living beyond our means.