A spring in the Housing market

Limetree Financial Services Limited

Rightmove announced today that the housing market has gathered pace in April, with sellers asking 6% more for their homes than a year ago, up from 5.3% in March.  The rise in prices comes despite a pick up in supply, with more sellers putting their homes up for sale than at any time since August […]

The new mortgage mantra

Limetree Financial Services Limited

Mortgage lenders have adopted a new mantra of “Creditworthiness and affordability”.  The result is a heavier reliance on credit scoring as a primary assessment tool which is entirely in keeping with these risk-averse times but we wonder whether it goes a litte deeper.  We are seeing a return to quite heavy lender volume and rather than increasing capacity it would […]

Weekly Mortgage Market Update – 19 April 2010

Limetree Financial Services Limited

Coventry Building Society are to merge with Stroud & Swindon Building Society on 1st September this year.  This merger will cement the Coventry’s position as the third largest Building Society.  After the announcement Fitch confirmed Coventry was to maintain its “A” rating with a stable outlook. The change is Stamp Duty Land Tax threshold from […]