Andrew Regan's Articles in Mortgages

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Mortgages less affordable than at any time in the last 15 years Figures released by the Council of Mortgage Lenders have revealed that the percentage of income going to pay mortgage interest is at its highest for 15 years. Mortgages set to be even cheaper in the New Year The Monetary Policy Committee unanimously voted to cut the Bank of England base rate by a quarter of a per cent, and that unison has prompted hopes that another reduction will follow in the New Year. More buy-to-let landlords selling up As conditions in the buy-to-let market become less favourable many landlords are selling up rather than re-let their properties, prompting experts to express fears that those actions could affect the general housing market. First time buyers feeling the pinch Rising costs and the threat of falling house prices are driving first-time buyers from the housing market, leading to the Council of Mortgage Lenders to call for a Bank of England interest rate cut to help attract them back.

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