Mortgage News Archive History

Mortgage News 

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  Shrinking housing market looks to 95% mortgages

  Lenders are preparing to offer a 95% mortgage to boost an ailing housing market that depends heavily on buy-to-let and those unable to afford their own homes.   Contraction in supply and demand has ground housing market ...

  Mon 30th Jan, 2012
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  Credit cards and mortgages signal low borrowing

  Net lending for consumers and businesses remains 'subdued' on the back of the tough financial climate.   Concerned consumers paid off more credit card debt than they borrowed in December, according to the British Bankers’ ...

  Thu 26th Jan, 2012 (1 Comment)
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  Mortgage lending up in 2011, but outlook remains uncertain

  Overall, mortgage lending increased in 2011 after lending activity increased for five consecutive months to December. The housing market faces a tougher 2012, experts warn, but there could be room for optimism.   Lending in ...

  Tue 24th Jan, 2012
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  UK debts highest in the world

  Huge household debts in the UK are just part of a chilling picture that sees overall debt levels in the UK and Japan soar far beyond all other major economies.   Household, business and Government debts have seen UK debt as ...

  Fri 20th Jan, 2012
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  HSBC to provide £15 billion in mortgages

  HSBC hopes to take the largest market share of mortgages that the bank has ever had by making £15 billion available for UK homeowners in 2012, with help for first-time buyers.   This sum is expected to increase HSBC’s ...

  Fri 20th Jan, 2012 (1 Comment)
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  Homeowners enjoying cheaper mortgages, though concerns remain

  Despite the negativity surrounding housing affordability and the stagnant growth of the housing market, homeowners are enjoying some of the cheapest mortgages on record.   Historically low interest rates have enabled ...

  Fri 13th Jan, 2012
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  Private landlords exploiting mortgage difficulties

  Cash-rich landlords have been exploiting the lack of mortgage lending and people’s inability to get onto the housing ladder during the financial crisis by buying up property to let.   The tightening of mortgage lending in ...

  Mon 9th Jan, 2012
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  UK House Prices Register Slight Increase in 2011

  Though house prices saw a slight decline in December, they still rose 1% over the year on average, according to the Nationwide.   The Building Society’s House Price Index reports that the price of a typical home is now ...

  Tue 3rd Jan, 2012