Industry News

/Industry News

Arrow Loans keep new and prospective customers up to date with industry related news, which affects UK homeowners.

Mark Carney Indicates Interest Rate Rises November 2nd

2017-11-02T16:49:26+00:00Tags: |

Today, Mark Carney is expected to announce an interest rate rise. Whilst not official, yet, Mr Carney gave the strongest signals to date that he would be increasing rates. This will have an immediate impact on those with tracker mortgages or on a standard variable rate with their mortgage, leaving those in a fixed rate [...]

Remortgaging up 53% year-on-year

2017-02-22T15:06:20+00:00

The total number of remortgage valuations saw a 53% increase in October compared to the same time last year, figures from Connells Survey and Valuation reveal. The figures come despite the seasonal fall, which saw re-mortgaging activity in October drop 21% on September. John Bagshaw, corporate services director of Connells Survey & Valuation, said: “Remortgaging [...]

Mortgage Age Limits Change in the UK

2017-02-22T15:06:20+00:00Tags: , , , |

Mortgage age limits set to rise It is wonderful that most of us are living longer. By 2034 it is estimated that around a quarter of the population will be aged over 65. Society is therefore changing but is the financial services industry offering the right products to meet our changing needs? Recent regulatory changes on affordability [...]