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Bank cuts rates to 315-year low to boost lending - Financial TimesThe Bank of England on Thursday urged the Treasury to hasten plans to ease the flow of credit to companies, as it cut official interest rates to a 315-year low of 1.5 per cent. Warning the “world economy appears to be undergoing an unusually sharp ...
Scots property prices buck trend with rise - HeraldHouse prices in Scotland bucked the trend in the UK property market to record a slight rise at the end of 2008, according to new figures. Latest statistics published by mortgage lender Nationwide yesterday revealed a surprise 0.1% increase in the ...
Mortgage misery as banks begin to hike rates - IndependentHomeowners are being tested in a tightening market Most mortgage lenders are set to raise the interest rates they charge their customers next year. The bad news for homeowners comes after AIB yesterday became the fourth bank in a month to raise ...
U.K. Mortgage Approvals Drop to the Lowest Since at Least 1999 - BloombergJan. 2 (Bloomberg) -- U.K. mortgage approvals dropped to the lowest since at least 1999 in November and banks predict they will restrict lending further to companies and consumers as the recession causes spiralling defaults and losses. Lenders ...
Lenders increase mortgage profit margins as market 'rift' widens - IndependentUlster Bank has increased its profit margin on mortgages more than most to 3.39pc MORTGAGE lenders have increased their profit margins in the current financial crisis, but bankers denied yesterday that they were making consumers pay for bad banking ...
Anger as lenders drag their feet on passing cut to homeowners - Guardian UnlimitedMany of Britain's leading banks looked on a collision course with the government last night when they said merely that they were keeping their main lending rates "under review" after the Bank of England cut the base rate to an all-time low of 1.5 ...
Scotland bucks UK housing trend with property price rise - HeraldScotland is bucking the trend in the UK property market after new figures today showed a rise in prices in the last quarter. Scotland also recorded the smallest drop in the cost of a home in the last 12 months, a survey by mortgage lender Nationwide ...
Mortgage blow for homeowners - Evening StandardBRITAIN'S biggest building society today ruled out further mortgage rate cuts for thousands of struggling homeowners. Nationwide said it would not pass on any more reductions to about 250,000 families struggling to survive the recession. Experts said ...
Mortgages & homes - Mortgage features - This is MoneyNationwide said it would not pass on any more reductions to about 250,000 families struggling to survive the recession. Experts said other lenders were likely to follow suit - leaving millions afraid that they will not get the benefit from future ...
UPDATE: Royal Bank Of Scotland Reviews Bank Of China Stake - CNN MoneyLONDON -(Dow Jones)- Royal Bank of Scotland Group PLC (RBS) Thursday confirmed that it is mulling the fate of its stake in Bank of China Ltd. (3988.HK) in what appears to be another bank scrambling for a cash boost. After a year in which virtually no ...
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Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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