Mortgage & finance news

Hardly a day goes by without mortgages in one form or another setting the news agenda. This section of the website brings you all the news about Savills Private Finance and its different divisions.

There is also a section on our excellent press coverage, showing our widespread coverage in the national, trade and regional press.

04 November 2010

Broker mortgage products climb to highest level in past two years

Figures released by Mortgage Brain's Monthly Product Analysis have shown that the number of live mortgage schemes available to mortgage brokers is at its highest level since October 2008.

27 September 2010

Making yourself more attractive...

With interest rates at historically low levels, many borrowers have been benefitting from significant reductions in their monthly payments. Many are taking advantage of this extraordinary environment and wisely using money saved to reduce their borrowings.

20 May 2010

HIPS suspended: Good news for vendors

Home Information Packs (HIPs) have today been suspended with immediate effect, pending primary legislation for a permanent abolition.

15 June 2009

Press coverage for the week ending 14 June 2009

With the pricing of fixed-rate mortgages rising on the back of higher interbank borrowing costs, the papers looked at whether now is a good time to opt for the security of a fix. Elsewhere, the topic of buying at auction came up and whether this is the best place to find a bargain in a more difficult housing market. Melanie Bien, spokeswoman for Savills Private Finance, was quoted in a variety of publications; a selection of these appear below.

30 June 2009

Press coverage for the week ending 28 June 2009

The press continued to ponder whether now is a good time to take out a fixed-rate mortgage while the whole issue of graduates and how they can be helped on the housing ladder was also addressed. Melanie Bien, spokeswoman for Savills Private Finance, was quoted in a wide range of press articles, a couple of which are mentioned below.

08 June 2009

Press Coverage for the week ending 31 May 2009

The papers looked at what borrowers on their lender's standard variable rate should do next while elsewhere offset mortgages were examined. Melanie Bien, spokeswoman for Savills Private Finance commented on these issues, and others, during the week.

 

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Market comment

Mark Harris
Managing Director

10 May 2012

Low interest rates help fuel buy-to-let boom

The Bank of England announced today that interest rates would remain at 0.5 per cent for another month. This came as no surprise as the dire state of the economy means that interest rates will need to be held for the next couple of years at least.