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London Scottish files for administration - Financial TimesLondon Scottish Bank is to go into administration after failing to make up a shortfall in its capital ratio or secure a takeover. In a statement on Monday morning the bank, which provides loans to people with poor credit records, said: “Whilst a ...
Family's landlord debt misery - Manchester Evening NewsA MAN barricaded himself in his loft when bailiffs arrived to evict his family - because his landlord had fallen down on mortgage payments. Bradley Doyle spent 10 hours in the roof space of his home before being talked down by police. Mr Doyle, 49, a ...
What is it like to be a mortgage broker? - BBC News"There's much more running around to get mortgages submitted on time before they're withdrawn," says Simon Pritchard-Jones, the Manchester and Cardiff-based head of WH Ireland's financial advice business. Lenders have been raising rates and ...
Latest Pictures - Newstrack IndiaLondon, Nov 22 (ANI): After 40 years, a previously-unheard interview with The Beatles' late guitarist George Harrison has come to light. The interview ... and rule our lives." Lambert only used a small section of the interview in his Reporter who ...
London Scottish Bank in administration - Manchester Evening NewsLondon Scottish Bank in administration Holly Williams 1/12/2008 SPECIALIST financial services group London Scottish Bank, based in Manchester, has gone into administration. The Treasury confirmed that it would protect all retail deposit savings ...
Mortgage lending dives 70% to second lowest figure on record as new ... - Daily MailBritain was hit by a raft of downbeat economic news today fuelling fears about the depth of the UK recession. Mortgage lending collapsed during October, diving by nearly 70% to reach the second lowest figure on record, while manufacturing activity ...
House sellers drop asking prices by £17,000 across Britain, survey ... - Daily TelegraphThe decline comes as desperate home owners try to secure a sale in the run up to Christmas. Prices have been cut by an average of £16,941 by sellers, which is a national decline of 6.5 per cent, according to property search engine Globrix. The ...
Peter Mandelson raises the stakes on Damian Green arrest - Daily Telegraph BlogsHas Peter Mandelson taken some sort of vow never to give a dull interview? Since his return from Brussels, the Business Secretary hasn't opened his mouth without comitting news in some way or other. This morning His Highness's personal contribution ...
Indian stunner: Danny Boyle's Oscar winner? - The IndependentDanny Boyle's new feature Slumdog Millionaire shows the lasting influence of his teenage exposure to Clockwork Orange. Like all of Boyle's best work, it is characterised by its breakneck energy and irreverence When the film-maker Danny Boyle was a ...
Pirates Lose to Monarchs, 3-1 - OurSports CentralManchester, NH - Portland fell for the fourth straight time, by a score of 3-1 in Manchester. The Pirates dropped the decision to a hot Monarchs team that has now won six straight contests. Portland was able to direct 42 shots on net, but only Tyler ...
Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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