AHN News Staff London, England, United Kingdom (AHN) – The Bank of England warned on Thursday of home ownership becoming out of reach for many residents as mortgage approvals dipped and lending rules tighten further. British banks made it harder for residents to borrow for home loans when the credit crisis hit the country in [...]
Posts Tagged ‘interest only mortgages’
Cheap Mortgage rates predicted for UK homeowners
October 7th, 2009
davidguide As the base rate has fallen further to an all time low of just 1%, mortgage interest rates are coming down too. Those with interest only mortgages have seen a huge drop in their monthly repayments with some lucky enough to have grabbed deals where they are paying no interest at all. So great news [...]
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