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Monday 19th May 2008
Mortgage Crisis Eases As First Direct Rejoins The Party After halting the granting of new mortgages some six weeks ago, First Direct (part of the HSBC empire) has today announced that its doors are now open to new mortgage applications. While there are...
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Friday 16th May 2008
Getting The Abbey Habit Many in the housing market are breathing a sigh of relief today with news that yet another of the UK’s leading mortgage providers has decided to reduce rates. Hot on the heels of the Nationwide,... |
Monday 12th May 2008
Million-pound property sales rose 36% last year Burgeoning house price inflation fuelled a significant increase in the sales of million-pound properties last year, new data has shown. Over the course of 2007, 8,257 properties costing £1 m... |
Friday 9th May 2008
Remortgage Applications Rise Dramatically Applications for remortgage loans have rocketed in the last year, new figures have revealed.
Data compiled by the... |
Friday 2nd May 2008
Number of new mortgage loans dropped in February A recent report from the Council of Mortgage Lenders shows that the number of new mortgage loans given out by lenders in February dropped by around one third, with just 49,000 |
Friday 2nd May 2008
House prices dropped 1.3% during April House prices fell again cent during April, as the gloomy mood affecting the sector deepened. According to the latest figures from Halifax, UK house price values fell by 1.3 per cent during the mo... |
Friday 18th April 2008
1m to fall into negative equity in next two years Over a million UK homeowners could be plunged into negative equity over the next two years, it has been predicted. A report conducted on behalf of Morgan Stanley forecasts that house prices will ... |
Wednesday 16th April 2008
Government to intervene to help first time buyers First time buyers are expected to be among the chief beneficiaries of a government plan to intervene in the housing market. The plan will see the government take mortgage loans off lenders' balan... |
Tuesday 15th April 2008
Abbey advises first time buyers The 1.1 million first time buyers who are putting off their purchases thanks to the credit crunch should save their deposits wisely, Abbey said today. According to the mortgage lender, around ... |
Monday 14th April 2008
Government Demands Summit With Mortgage Lenders In a move which is sure to see the UK mortgage lending community pull together, there has been heavy criticism by the UK government for their apparent reluctance to reduce variable mortgage... |
Thursday 10th April 2008
First time buyers find "new ways" to buy homes The surge in the size of deposits has forced more and more first time buyers to club together to buy a home, according to the Home Sale Network (HSN). Over the last five years, 57 per cent of the... |
Thursday 10th April 2008
Lib Dems: First time buyer scheme is just "tokenism" The introduction of small grants for first time buyers has been dubbed tokenistic by the Liberal Democrats. Housing minister Caroline Flint and Gordon Brown announced this week that £3 milli... |
Tuesday 8th April 2008
House prices down 2.5% in March The average property declined in value by 2.5 per cent during March, according to the latest house price report from Halifax. This is the highest rate of decline noted by the lender's survey sinc... |
Thursday 3rd April 2008
Co-op pulls mortgage products The Co-operative Bank (Co-op) has confirmed that its range of two-year fixed rate mortgages will be withdrawn from sale. According to a statement from John Barker, the head of mortgages at Co-op,... |
Wednesday 2nd April 2008
Building society mortgage lending falls while savings rise Building societies saw a rise in savings taken in February, but mortgage lending fell as the credit crunch and a slowing property market take effect. Building society gross lending stood at £... |
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Mortgages
A recent report by BDO Stoy Hayward has revealed that true extent of rising business fraud across the UK. The study has shown an alarming 74% rise over the last six months and signs that worse is... 
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