Pensioners struggle if they need a loan

About 1.6m retired people still hold a mortgage, but their major problem is not scraping together money to keep making a monthly mortgage payment. Instead, their largest problem is finding a building society or bank that is still willing to offer a loan to pensioners. Many lenders have a very strict age limit that they […]

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Mortgage lending jumps by 30% in March

In March this year the amount of mortgage lending occurring in the UK jumped by nearly 30 percent. This is largely because there is been a significant jump in the number of people buying homes. These figures come out of the Council of Mortgage Lenders. Mortgage companies are also encouraging people to take out mortgages […]

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