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KGB launches mortgage desk

KGB Packaging has launched a mortgage desk as part of its adviser subsidiary Mortgageability. The service is aimed at CeMAP-qualified self-employed brokers who want to work in a busy mortgage environment while retaining their independence.

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Sacrifices on the altar of affordability

It’s not a new thing to say that life is tough for first-time buyers but we’re seeing more in-depth coverage of why they’re struggling to get onto the property ladder. The demands of putting to-gether deposits while covering the costs of legal fees, surveys and Stamp Duty often prove to be too much for them.

BBA lending figures point to July rate rise, says RICS

The Royal Institution of Chartered Surveyors says lending figures from the British Bankers’ Association suggest a rate hike in July is inevitable.Oliver Gilmartin, senior economist at RICS says: “The latest lending figures confirm the Monetary Policy Committee’s concerns that the housing market has been resilient in 2007 making a further rate hike guaranteed in July. […]

Scepticism over B2L buyouts

Sharetobuy.com says its research shows a surge in enquires from sitting tenants looking to buy their rented properties as landlords struggle to meet their repayments since interest rates climbed to 5.50%.The website says these enquiries soared from just a couple per month to more than 100 in April and May. It also predicts that the […]

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