Repayment mortgage is a type of mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest. In your statement of mortgage which you receive annually indicates the amount borrowed decreases throughout the term. Full detail Mortgage Guide

While the owner-occupier housing market is showing signs of quieting down, buying residential property to let has become an increasingly popular investment choice in the UK. According to the latest report by the Association of Residential Letting Agents (October 2004), the popularity of property as an investment is growing rapidly and almost 60% of buy-to-let [...]

The Bank of England has cut interest rates by one percentage point, from 3% to 2% - the lowest level in more than half a century.
The move has been welcomed by many commentators who said the cut would help the slowing economy.
Hetal Mehta, of the Ernst & Young Item Club, said the cut was the [...]

Due to the severe economic crisis more and more properties are being auctioned – many of them repossessions. Latest figures from the Financial Services Authority show the number of homes seized in the three months to June was 71% higher than in the comparable period last year.
Potential first time buyers, are wondering whether [...]

The British buy-to-let market is extremely competitive for both houses and flats and is creating a dog-eat-dog scenario, according to Landlord Action.
Offering an advice service to property investors with non-paying or difficult tenants, Landlord Action made the claim at a property show in Birmingham.
Referring to the buy-to-let market, Paul Shamplina told landlords: “It’s very competitive, [...]

According to official figures, the number of families evicted from their homes after the economic crisis faced by Britain has been 70% high over the last year. Some 11,054 people had their homes repossessed, compared with just 6,476 during the same period. The number of home-owners who are on the verge of being thrown out [...]

Accoring to times pager property news section, Home-owners were dealt a fresh blow today as Halifax, Britain’s largest mortgage provider, said today its measure of house prices had suffered its first annual fall in 12 years.
Halifax’s parent bank HBOS, warned homeowners earlier this week to expect two years of falling house prices as it unveiled [...]

today 10-04-2008 UK interest rates have been cut to 5% from 5.25% by the Bank of England in an attempt to spur the economy in the face of the global credit crunch.
It is the central bank’s third cut in interest rates since early December.
Analysts said that problems in the money markets and recent dire news [...]

LONDON (Reuters) - British bank First Direct has withdrawn mortgages for new customers to clear a backlog after people flocked to its relatively cheap rates as other lenders raised rates and withdrew products due to the credit crunch.
Although the suspension is expected to be temporary, it is another blow for consumer choice which has suffered [...]

:: Property prices expected to continue to fall
At its third annual Great Housing Market Debate, Wriglesworth Consultancy asked 150 industry representatives their views on the future of the property market. The poll established that just one said average prices would increase this year.
The majority of the representatives said they believe that property prices will decline [...]