http://www.teame13.org Mortgage News - UK & International Fri, 03 Sep 2010 23:17:31 +0000 http://backend.userland.com/rss092 en Q: I BOUGHT my residential house with an interest-only mortgage with the intention that when I sell my buy-to-let (BTL) properties the gains would be used to pay the c http://www.teame13.org/mortgage-news/cash-clinic-can-i-count-on-my-rented-properties-to-pay-off-my-mortgage/ BORROWERS waiting for the Financial Ombudsman Service (FOS) to rule on their mortgage underpayment complaints have been told they are unlikely to be compensated unless http://www.teame13.org/mortgage-news/mortgage-repayment-row-rolls-on/ Rising numbers of homeowners are complaining about their lender after discovering they owe more on their mortgage than they had previously thought. (03/09/2010 20:14:05) http://www.teame13.org/mortgage-news/mortgage-complaints-on-the-rise/ NEW YORK CITY-Hudson Realty Capital has closed on a $2.8-million first mortgage loan secured by an 8.9-acre industrial park in Staten Island, GlobeSt.com has exclusively learned. The borrower was not disclosed; the loan was used to buy the existing first mortgage on the property. http://www.teame13.org/mortgage-news/hrc-closes-on-28m-mortgage-loan/ It pays to do the maths before switching from a variable rate mortgage. http://www.teame13.org/mortgage-news/should-you-take-the-fixed-rate-mortgage-bait/ NEW YORK (Reuters) - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. http://www.teame13.org/mortgage-news/mortgage-rates-hit-record-low-freddie-mac/ The Mortgage Works (TMW) is making a number of enhancements to its buy-to-let product portfolio. http://www.teame13.org/mortgage-news/the-mortgage-works-increases-range/ Mortgage lending fell to a four-month low in July, according to the Bank of England, fuelling fears that tight credit conditions may hamper future growth. http://www.teame13.org/mortgage-news/fears-for-house-prices-as-mortgage-lending-hits-new-low/ Bank of England report shows mortgage lending at second-lowest level since records began Mortgage lending fell sharply in July as activity in the housing market remained subdued, according to Bank of England figures released today. Net lending totalled £86m for the month, down from June's £518m and the second-lowest monthly ... http://www.teame13.org/mortgage-news/mortgage-figures-plunge-in-july/ Despite yesterday’s Bank of England’s mortgage lending statistics for July showing a marginal rise in both the value and volume of mortgages approved, the bigger picture is still of subdued activity in the housing market. http://www.teame13.org/mortgage-news/mortgage-lending-still-flat-lining/