All Entries Tagged With: "loans"
iPhone Mortgage Apps: Loan Calculator and Rates
When it comes to buying your first home or even moving to a bigger property, the first thing that you need to do is see if you will be able to afford it first.
No more lending for Base Commercial Mortgages
Base Commercial Mortgages have decided to suspend new lending on a temporary basis, but they have said that they will still honor all of their outstanding offers.
The mortgage lender, who has only been in business less than a year, has said that the
Barclays closes Firstplus loan subsidiary: 300 jobs lost
As we know Barclays Firstplus loan subsidiary was a controversial business for them, well they have now had to close the doors on the loan company. Barclays has had to cut 300 of the 400 staff, because of a 40 percent slump for demand of top-up mortgages.
Mortgage fee increases will result in full blown house price crash
Over the past few months we have seen mortgage lenders increase their fees, and is looks as if there is no sign of this stopping. These increases in fees will then have a knock on affect, as a result could push the housing market in further into a full-blown crash, this is something that
Britain's housing market crisis: Mortgage approvals slump 20%
It seems that there are no signs of a reprieve in the current housing slump; Britain’s housing market crisis has now taken a turn for the worse as mortgage approvals are now down 20%, hitting an all time low. The British Bankers’ Association has said that
Property repossession climbs 26% in one year
It seems that more UK mortgage lenders are having to repossess homes, as people struggle to keep up with their payments. In a recent survey carried out by e.surv Chartered Surveyors, they have found sustained growth in valuations on
105 percent Mortgages still available
As many of us already know the bubble in the housing market is bursting, but you will be shocked to know that you are still able to buy homes with no money down. Well it is even possible to get yourself a 105 percent mortgage, but the downside is that
Rising inter-bank borrowing costs force Nationwide to raise mortgage rates
The state of our economy is looking very bleak at the moment, and we are now seeing the affects of this in the mortgage market. As you know a number of lending mortgage lenders such as Abbey have has to raise their mortgage rates p, and now Nationwide is the
Prison sentence for two men involved in mortgage fraud
Two men involved in a mortgage scam have been given a prison sentence of 70 months and five years supervised released. The two men are only just a small part of a much larger scam, in all the operation which saw other men steal up to $2.3 million from local
Buy to let mortgages have increased for purchasing residential property
There just might be a glimmer of hope in the mortgage industry, well for Buy to let anyway. In the latest figures for mortgages taken out for the use of purchasing residential property, it has now increased from the previous month’s figures. The figures from
Fall in mortgage lending now affecting house sales
April is now the second lowest month on record for mortgages being approved, and this is now starting to have an affect on the housing market. The slump in these approved mortgages is down by at least 39 per cent, compared to the same time last year. The first signs that we was in for [...]