Mortgages refused over invasive weed
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.
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.
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.
UK mortgage lender Lloyds Banking Group is encouraging borrowers to pay off up to 20% of their mortgages early.
Nine out of 10 home owners are not remortgaging their property when their
existing deal runs out, it has been suggested.
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.
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.
Mortgage lending to people buying a home dived by 49pc during January following the end of the Government’s stamp duty holiday.
The head of the financial watchdog the FSA will announce plans to toughen up consumer protection.
The number of mortgages agreed with house buyers fell 49% in January from the month before, the Council of Mortgage Lenders says.
A free national financial advice service is being launched by the government.
The Professional Footballers Association confirm they have been advising Southend United’s players over the club’s financial problems.
The Professional Footballers Association confirms Southend United’s players have been paid.
More than a quarter of home owners risk losing their homes.
Bank of America has apologised to a woman in Pennsylvania after one of its contractors entered her house and confiscated her parrot.
Housing affordability has remained at a seven-year high, despite the cost of
property rising during 2009, research has showed.
Northern Rock says that it made “good progress” in 2009, after reporting a sharp fall in its annual losses.
Bank accounts which charge fees for extra benefits such as insurance may be being mis-sold, the Financial Services Authority has warned.
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.