Mortgages refused over invasive weed

March 13th, 2010

Home buyers are being denied a mortgage by banks and building sites because the property they are trying to purchase has been affected by an invasive garden weed.

admin Mortgages

Cartel fee refunds may be at risk

March 13th, 2010

Millions of pounds of customer money may be at risk, following the forced closure of a law firm used by a major claims management company.

admin Mortgages

Lloyds aids mortgage overpayments

March 13th, 2010

UK mortgage lender Lloyds Banking Group is encouraging borrowers to pay off up to 20% of their mortgages early.

admin Mortgages

Nine out of 10 home owners not remortgaging

March 12th, 2010

Nine out of 10 home owners are not remortgaging their property when their
existing deal runs out, it has been suggested.

admin Mortgages

Russian oligarchs forced to sell yachts and jets as worldwide recession bites

March 12th, 2010

Russian oligarchs hit by the global recession including Roman Abramovich and Oleg Deripaska are having to sell off yachts private jets and holiday homes to raise cash.

admin recession

Mortgage lending halves as tax break ends

March 12th, 2010

Mortgage lending to people buying a home dived by 49% during January following
the end of the Government’s stamp duty holiday, the latest figures showed.

admin Mortgages

Mortgage lending slumps by half

March 12th, 2010

Mortgage lending to people buying a home dived by 49pc during January following the end of the Government’s stamp duty holiday.

admin Mortgages

FSA to clamp down on mis-selling

March 12th, 2010

The head of the financial watchdog the FSA will announce plans to toughen up consumer protection.

admin Mortgages

New mortgages ‘halved in January’

March 12th, 2010

The number of mortgages agreed with house buyers fell 49% in January from the month before, the Council of Mortgage Lenders says.

admin Mortgages

Free financial advice launched

March 11th, 2010

A free national financial advice service is being launched by the government.

admin Mortgages

PFA admit Southend United contact

March 11th, 2010

The Professional Footballers Association confirm they have been advising Southend United’s players over the club’s financial problems.

admin Mortgages

PFA confirm Southend players paid

March 11th, 2010

The Professional Footballers Association confirms Southend United’s players have been paid.

admin Mortgages

A quarter of home owners live on ‘financial precipice’

March 11th, 2010

More than a quarter of home owners risk losing their homes.

admin Mortgages

US bank sued for seizing parrot

March 11th, 2010

Bank of America has apologised to a woman in Pennsylvania after one of its contractors entered her house and confiscated her parrot.

admin Mortgages

Housing affordability ‘at seven-year high’

March 11th, 2010

Housing affordability has remained at a seven-year high, despite the cost of
property rising during 2009, research has showed.

admin Mortgages

Northern Rock sees reduced losses

March 10th, 2010

Northern Rock says that it made “good progress” in 2009, after reporting a sharp fall in its annual losses.

admin repossession

Warning on packaged bank accounts

March 10th, 2010

Bank accounts which charge fees for extra benefits such as insurance may be being mis-sold, the Financial Services Authority has warned.

admin Mortgages

Northern Rock hands out bonuses despite staying in the red

March 10th, 2010

Thirty-two staff at Northern Rock have been paid bonuses of more than £25,000
despite the mortgage lender losing £257m last year, as the controversey over
bonus payments at loss-making nationalised banks continues.

admin Mortgages