News Archive - Articles Published in Mortgages
Homeowners 'Still Planning to Overpay Mortgages'27 Aug 2008 | by Peter WakefordPeople are still looking to clear their housing debts quicker - despite the adverse economic conditions.
Approvals of Home Loans 'Down 65%'26 Aug 2008 | by Peter WakefordMortgage numbers are at a low - but the decline appears to have largely arrested over the past month.
Arrangement fees 'increasing sharply'26 Aug 2008 | by Peter WakefordThe one-off charges have been hiked, as lenders look to their profit margins, it has been suggested.
Halifax announces estate agent closures22 Aug 2008 | by Peter WakefordMore than 50 of the lender's own agencies are to be shut down - and 100 jobs are also to be lost.
HMRC Pulls Housing Figures After 'Error'21 Aug 2008 | by Peter WakefordA mistake in the statistics has thrown the home sales findings in to doubt, it has been suggested.
Datamonitor Predicts 20% Fall in Mortgage Market21 Aug 2008 | by Peter WakefordThe credit crunch and property downturn will lead to fewer loans being advanced in 2008, the data firm has said.
Oakwood Makes Discount Offer In Bid to Clear Mortgage Book20 Aug 2008 | by Peter WakefordThe financial firm is looking to reduce its exposure to the falling property market, by launching the new deal.
CML Downbeat on New Lending Figures20 Aug 2008 | by Peter WakefordA slight rise in the amount lent last month by mortgage firms still leaves the market far smaller than it was last year, the data shows.
Rics Foresees Rental Market Boom19 Aug 2008 | by Peter WakefordPeople are giving up on selling their home as prices fall and credit dries up, surveyors have indicated.
Fannie & Freddie 'Might Need Government Help'19 Aug 2008 | by Peter WakefordThe bailout is likely to be required by the firms, as they struggle to raise revenue in the credit crunch.
Mortgage Holders See 'No Improvement Until 2011'19 Aug 2008 | by Peter WakefordBritain's homeowners are strikingly downbeat about the market's chances of recovery - and predict house price falls of 15 percent.
First-Time Buyers Facing 'Worst Conditions For 30 Years'18 Aug 2008 | by Peter WakefordMarket conditions are becoming still harsher for homebuyers, with first-timers handing over £7 of every £10 they earn to mortgage firms.
Mortgage Firms Cut Rates Again18 Aug 2008 | by Peter WakefordThe price war among home loans firms continues to hot up.
Government Releases Gloomy Repossessions Figures15 Aug 2008 | by Peter WakefordMore people received possession orders from April to June than they did over the same period last year, official statistics show.
B&B Facing Rights Issue Wipe-Out15 Aug 2008 | by Peter WakefordThe mortgage lender is bracing itself for poor sales of its share offering, as its stock underperforms on the FTSE.
Bank Detects 'Confidence Crunch'14 Aug 2008 | by Peter WakefordPeople worried by drops in house prices are putting off their plans to move, HSBC has revealed.
Home Loans Rates 'Still Falling'13 Aug 2008 | by Peter WakefordThe Woolwich has become the latest firm to announce a new round of rate cuts, as the restrictions on the mortgage market appear to be loosening at last.
Mortgage Volumes, Values 'Continue to Decrease'12 Aug 2008 | by Peter WakefordFurther malaise in the home loans market was reported today by the lenders' association.
Rics Detects Further Slowdown, New 'Realism' in Housing Market12 Aug 2008 | by Peter WakefordPrices are dropping - but this might not be a bad thing, according to a new report from surveyors.
CML Tracks Home Repossession Rise08 Aug 2008 | by Peter WakefordMany more people have lost their homes due to mortgage difficulties than did so in the equivalent period last year, lenders have admitted.