FTBs pay 7 times the price to get on ladder

http://www.myintroducer.com/view.asp?ID=6674

This is a very scarry artical.  Pay carefull attention to the amount of the down payment increase

http://www.mortgageinformationcentre.co.uk/

01698 283301

Base rate held at 0.5%

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2041537/base-rate-held-05

It was still a split vote and one member of the Monetary Policy Committee will be stepping down.

Could this mean a rate increase come June?????

http://www.mortgageinformationcentre.co.uk/

01698 283301

EC: Lenders must tell borrowers why they have been rejected

http://www.mortgagestrategy.co.uk/1028869.article?cmpid=MSE01&cmptype=newsletter&email=true

No more will banks have the luxury of saying

 "I'M SORRY, BUT YOUR MORTGAGE IS DECLINED DO TO OUR CREDIT SCORING SYSTEM" 

You ask why and the bank give you no real answer or you are told to get a credit report. 

It is about time that banks started doing the job of banking rather than trying to computerising everything.

http://www.motgageinformationcentre.co.uk/

01698/283/301