All Entries Tagged With: "property"
Alistair Darling states that the suspension of Stamp Duty is purely speculation
Are they or aren’t they? it’s what is on all potential homebuyers minds, but the Treasury has ended speculation as to if the proposal has actually been put forward from the government in
Abbey to reduce rates on mortgage deals
If you’re a new borrower then you may be able to take advantage of Abbeys cuts in mortgage interest
Up to £5,000 for nothing as Halifax and Persimmon match your deposit if your a first time buyer
Good news for first time buyers, Halifax have teamed up with building company Persimmon in a spectacular deal to save you some money whilst getting onto the property ladder. The deal is
Long term fixed rate deals on offer have doubled
If you are looking for a little bit of security with your mortgage payments and want to insure you’re not hit with rising mortgage payments if there is a bank of
Economy risks slipping into recession
It’s no secret that we could possibly be slipping into recession, although the Bank of England kept the benchmark interest rate at 5 percent this month, the Banks have all raised their mortgage rates, and make it much
1.2% slump in U.K. house prices in July
For the tenth consecutive month British house prices have fallen, in July, housing data firm Hometrack reported 1.2% decrease as demand continues to fade.
Home prices are the same now as they
Bank of England decision and how it affects landlords
Thousands of landlords up and down the country were all waiting for the Bank of England’s decision on interest rates. Well now they have had a day to reflect, you have to wonder what their views are.
I spoke to a friend just a few hours ago who owns
53% rise for U.S. Foreclosures: Property & Mortgages to blame
June is not a great month for U.S. foreclosures, as they rose by 53 percent from the same time a year ago. Things are certainly in a bad way as bank repossessions have almost tripled while property values mixed with higher payments on adjustable mortgages forced many people to give up their homes.
Abu Dhabi fund has 90 percent stake in Chrysler Building
The iconic New York City skyscraper, the Chrysler Building now has a new investor from an Abu Dhabi sovereign-wealth fund. The Abu Dhabi Investment Council has now purchased a 90 percent stake in the tower, for a price of $800 million.
First-time buyer couple's troubles: year's income for deposit
If you are a first-time buyer couple and are on a low income, then you will know that it takes a years worth of your take-home pay to save enough money for a deposit, this is according to a recent survey.
Remortgaging slowing down: loans for house purchase up
Remortgaging seemed to be holding up well as the market faced falling house prices, now it seems that Remortgaging activity is now slowing down, this is according to a report from the Council of Mortgage Lenders.
HBAS announces partnership with Simplyzigzag.com
Home Buyers’ Advisory Service (HBAS) and Simplyzigzag.com has announced a new partnership with each other, HBAS is a specialist independent mortgage adviser who offer their clients a stress-free way of finding the best mortgage deal for them while they search
Scottish government to help troubled borrowers
As you know if you want to borrow money from a mortgage lender, things are a lot tougher than they have been for years, but the Scottish government wants to help. The Scottish government has unveiled a new set of measures, which are all designed to
UK house prices continue to slide in June: down 1.2%
UK house prices are still falling as the average price of a house by 1.2% in June. Many thought that house prices would be up again, as in May house prices were up by 1.2 percent, but that was not to be. According to reports from Right Move, the
Falling property prices leaves £5bn black hole for The Treasury
The HM Treasury are in an awkward situation as they are facing a £5bn black hole in their finances, this is a result due to the falling property prices. This news is not official; this report comes from the Liberal Democrats. So why would falling property prices cause