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Property and Mortgages
15:16 | 06 Jan 2009
| By
Michelle McGagh
Nationwide’s specialist lending arm, The Mortgage Works, has launched two buy-to-let products, including a one-year fixed rate home loan.
08:28 | 06 Jan 2009
| By
Chris Marshall
House prices ended the year with another sharp drop, according to Nationwide. The building society will not predict what will happen in 2009.
10:56 | 24 Dec 2008
| By
Tony Bonsignore
But an increasing number of lenders decide against making house price predictions for 2009.
10:13 | 23 Dec 2008
| By
Chris Marshall
The value of mortgage loans approved has dropped more than 50% in the last year, as lenders struggled to pass on another cut in the base interest rate.
10:51 | 22 Dec 2008
| By
David Campbell
Troubled German lender Hypo Real Estate, which was bailed out by the German government in October, is to lose 40% of staff.
12:40 | 18 Dec 2008
| By
Richard Harris
Mortgage and GI network Prestbury Financial has been served with a winding-up order after failing to find money to pay creditors.
13:45 | 11 Dec 2008
| By
Tony Bonsignore
Mortgage equity withdrawal used to fund basic living expenses rather than 'champagne moments', academic study finds.
13:52 | 09 Dec 2008
| By
Maryrose Fison
Alliance Trust will cease new business on its full Sipp product from Friday, due to concerns over its administration.
08:37 | 09 Dec 2008
| By
Iain Martin
House sales crashed to a 30 year low in November, according to a Royal Institution of Chartered Surveyors survey.
18:05 | 08 Dec 2008
| By
Iain Martin
Northern Rock has passed on just half of last week’s 1% percentage point cut in the base rate to its standard variable rate mortgage borrowers.
00:01 | 08 Dec 2008
| By
Richard Harris
A sharp drop in rents means commercial property values will fall a further 25% over the next two years according to the Royal Institution of Chartered Surveyors.
09:35 | 05 Dec 2008
| By
Iain Martin
HBOS has refused to pass on the full 1% percentage point cut in the base rate to borrowers on its standard-variable-rate mortgage.
16:58 | 03 Dec 2008
| By
Iain Martin
Home owners facing repossession will be allowed to put off paying interest on mortgages for up to two years, Gordon Brown revealed today.
14:53 | 03 Dec 2008
| By
Iain Martin
With so few lenders able to provide cash for new home loans mortgage rationing has returned Michael Coogan told the Council of Mortgage Lenders annual conference.
15:29 | 02 Dec 2008
| By
Iain Martin
The government is confused about what to do with the partly nationalized banks, says Liberal Democrat shadow chancellor Vince Cable MP.
13:57 | 02 Dec 2008
| By
Iain Martin
Mervyn King signed Halifax Bank of Scotland’s ‘death sentence’ by threatening to withdraw the Special Liquidity Scheme, said former Monetary Policy Committee member Willem Hendrik Buiter.
12:56 | 02 Dec 2008
| By
Iain Martin
(Update) The number of mortgage brokers and advisers grew to ‘unsustainable’ levels during the house price boom, said the Financial Services Authority’s Jon Pain.
12:32 | 02 Dec 2008
| By
David Campbell
ING Real Estate Investment Management is to lay off around 32 UK staff across the board in the lead up to Christmas, equivalent to around one in five of its employees.
15:17 | 01 Dec 2008
| By
Iain Martin
Threadneedle Asset Management has completed the merger of its Property Unit Trust with the Protego UK Property Fund.
13:53 | 01 Dec 2008
| By
Iain Martin
Legal & General mortgage brokers have refocused on protection as new home loans become rarer than a ‘red panda’.
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