Finance Industry News

413 total stories

Headline Date
Parents Lift Offspring Onto Property Ladder 07/08/2006
Parents give their kids an average of almost £18,000 to help buy their first home. More than half first-time buyers ask parents or grandparents for help, an Alliance & Leicester survey reveals. ...

(From: mirror.co.uk)


 
US Mortgage Market in Transition Phase 07/03/2006
A major transition is underway in the U.S. mortgage lending industry, with consolidations and lay-offs at the forefront as companies try to deal with waning demand for home loans. This shift is exp...

(From: today.reuters.com)


 
Rise in Mortgage Lending Points to Steady Rates 02/03/2006
Mortgage lending took off in January, the Bank of England confirmed yesterday in figures that boosted expectations its Monetary Policy Committee would continue to resist calls for a cut in interest ra...

(From: news.independent.co.uk)


 
Irish Regulator Publishes Mortgage Guide 27/02/2006
The Financial Regulator today launched an online guide to mortgages offering advice to new mortgage applicants as well as those considering refinancing. Consumer Director, Mary O Dea, said the gui...

(From: businessworld.ie)


 
Mortgage Repayments Close to Car Costs 25/02/2006
BRITONS spend £90 billion a year on running their cars, with the average cost now standing at more than £500 per month. The cost of motoring in the UK has risen by 56 per cent over the past 20 y...

(From: business.scotsman.com)


 
Lenders Sign Up to Origo Mortgage Standards 24/02/2006
Thirteen mortgage lenders including Abbey, Nationwide, GMAC-RFC, Kensington, Platform and Mortgages Plc have joined together to provide funding for a mortgage standards framework to be created by Orig...

(From: ifaonline.co.uk)


 
Mortgage For the Future 24/02/2006
IN 1996, John Major was Prime Minister, Charles and Diana divorced and a young David Beckham burst into the limelight with a 50-yard wonder goal for Manchester United. A decade can seem a long ti...

(From: thisismoney.co.uk)


 
Remortgaging Seen on the Rise 23/02/2006
Increasing numbers of homeowners are planning to switch their mortgage to take advantage of better deals, according to Homebuyer Show research. The number of people considering remortgaging has be...

(From: themovechannel.com)


 
Mortgages plc Launches New Product Range 30/01/2006
Mortgages plc has announced it is to base all mortgage products on Bank Base Rate (BBR), moving away from its LIBOR-based standard variable rate. As a consequence, the majority of interest rates h...

(From: mortgageintroducer.com)


 
Online Mortgage Broker Plans to Increase Market Share 16/01/2006
ONLINE mortgage broker Moneyquest has unveiled ambitious plans to expand and float on the Alternative Investment Market (Aim) next year. Operations director Paul Reynolds said: “The stock market is...

(From: sundayherald.com)


 
Mortgage Endowment Claims to Hit Record 08/01/2006
THE chief consumer watchdog, the Financial Ombudsman Service, expects a record flood of complaints this year ahead of the final endowment deadline for millions of mortgage borrowers. Consumer comp...

(From: property.scotsman.com)


 
Housing Market Has Worst Year in a Decade 30/12/2005
The housing market suffered its worst year in a decade in 2005 but signs are growing that conditions are picking up after a sharp slowdown, data from themortgage an remortgage lender, Nationwide build...

(From: news.money.msn.co.uk)


 
Capital Mortgage Lender Tightens Lending Criteria 23/12/2005
Capital Home Loans, a buy-to-let mortgage company, has tightened its lending criteria on new flats in the latest sign of rising concerns about the market. The move by the group, a subsidiary of Iri...

(From: news.ft.com)


 
US Mortgage Lender Predicts Decline in Home Sales 23/12/2005
Mortgage finance company Fannie Mae predicted Tuesday that U.S. home sales are set to decline by as much as 10% in 2006 as higher interest rates and housing market jitters reverse a five-year run that...

(From: iii.co.uk)


 
Mortgage Lending Increases During November 20/12/2005
Underlying mortgage lending recorded a 5.1 billion-pound increase in November, the highest in more than a year, according to the British Bankers Association, emphasising that housing market is very mu...

(From: abcmoney.co.uk)


 
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