Mortgage News Archive History

Mortgage News 

• 

  First time buyers expected to make an average saving of £20k

  The Press Association has reported that the UK's first-time buyers are expected to be making savings of around £20,000, before joining on to the property ladder. This figure could increase as house prices continue to fall - ...

  Tue 23rd Sep, 2008
• 

  Lloyds and HBOS sign £12billion deal

  The week began with thousands of employees losing jobs as a result of the collapse of the famous Lehman Brother investment bank after they declared themselves bankrupt. The bank had been operating for over 150 years before ...

  Thu 18th Sep, 2008
• 

  Nationwide announces mergers

  One of the UK's primary mortgage lenders has announced mergers with two smaller building societies which have been hit by the recent credit crunch. One of the UK's primary mortgage lenders has announced mergers with two ...

  Tue 9th Sep, 2008
• 

  House Prices drop to an all time low

  House prices are dropping faster than ever recorded according to the UK's largest lender Halifax. The mortgage lender's latest property index has seen a 12.7% fall in the past year, the highest rate since records began in ...

  Fri 5th Sep, 2008 (1 Comment)
• 

  Prime Minister increases stamp duty threshold and sets to help first time buyers

  Gordon Brown announced new plans today to help house buyers in an attempt to boost the mortgages market. He plans to axe stamp duty for houses costing under £175k and introduce a new “free” loans scheme called called ...

  Tue 2nd Sep, 2008 (1 Comment)
• 

  Mortgage rates fall but lenders remain cautious

  Britain's lenders are now dropping their rates, providing buyers with new signs that conditions are improving in the mortgage market. Britain's lenders are now dropping their rates, providing buyers with new signs that ...

  Mon 1st Sep, 2008 (1 Comment)