Mortgage Rates Payment Calculator UK

Welcome to our Mortgage Rates Payment Calculator UK Site, we hope you find the tools helpful, if you have any queries about the mortgage tools or the site in general please let us know here Queries about Mortgage Rates Payment Calculator UK

Mortgage article 14:Benefit reforms have weakened the housing safety net - CML research; page 2

"This research is the first proper study of the impact of the 1995 benefit reforms and sheds light on the existing gaps in support for home-owners. It also looks at the full range of options and challenges for the Government, lenders and insurers to create an adequate safety net. 

"Some poorer home-owners may not be able to afford insurance and are not entitled to the Housing Benefit that is available to tenants, including those in work. The introduction of a housing tax credit would remove a bias that means that home-owners on low incomes are treated less favourably by the state than tenants. Equally, although it is right to put the onus on borrowers to protect themselves, not all events are insurable. That is why the Government, lenders and insurers must continue to work together to create fully sustainable home-ownership."
Note to Editors
1. The Council of Mortgage Lenders' members are banks, building societies and other lenders who together undertake around 98% of all residential mortgage lending in the UK. There are more than 11 million mortgages outstanding in the UK, worth a total of more than £590 billion. Further background information on the CML is available from our website at www.cml.org.uk.

2. Copies of the research report, Evaluating the Mortgage Safety Net, are available from the CML, priced £30 for members and £50 for non-members. For further information on CML publications, contact Liz Porter (liz.porter@cml.org.uk)or telephone 020 7440 2229. End of article - Back to mortgage articles list

Simply enter your name and email address below to access all mortgage services free of charge, note we will never pass your details to third parties Security Policy

Alternatively if you wish one of our advisors to source best uk mortgage rate on your behalf - click here

We recommend the above option particularly if you have had credit problems ie ccjs, defaults, arrears, repossession or bankruptcy as these can be difficult mortgage cases - more about adverse credit click here

First Name Surname E-mail address     

Find best uk mortgage rates and cheapest repayments online using our UK mortgage calculator or use one of our mortgage advisors to guide you through the best lenders and compare monthly mortgage payments