17 January 2008 Archive

uSwitch puts mortgages under the microscope

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Mortgages are being added to the list of products being scrutinised by independent price comparison site, uSwitch.com, it was announced today.

Brits shun mortgage mayhem for holiday heaven

Holiday: planning annual breaks - more appealing than mortgage hunting

UK consumers spend more time planning their holiday than researching their mortgage options, a new survey has revealed.

First Direct unveils 'flexible' fixed-rate mortgages

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First Direct has launched two new fixed-rate offset mortgages which are available to both new and existing customers.

House prices down 20% in 2008

House prices: will fall steeply before seeing a revival

House prices could fall by up to a fifth in 2008, but getting a mortgage is still a more financially savvy option than renting in the long term.

'Green mortgages still niche'

Green: consumers slow to buy mortgages benefiting the environment

Reports of a growing market for green mortgages are overblown according to one lender which believes consumers are still "rate-driven".

Woolwich fixed-rate mortgage demand move

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Woolwich is passing on rate cuts to borrowers with the launch of new "keenly priced" two, five and ten-year fixed-rate mortgages.

Best value mortgages: fixed-rate or trackers?

Tracker mortgages: better deals to help you save your pennies

Fixed-rate deals are becoming more competitive as increasing numbers of lenders lower their rates, but borrowers should opt for trackers.

Mortgage broker Charcol to offer fee-free advice

Hotline: Free mortgage advice is just a phone call away

Mortgage adviser Charcol has been applauded for its decision to provide fee-free mortgage advice to borrowers over the phone.

Business warning: 'There may be economic trouble ahead'

Economic uncertainty ahead

2008 will be a tough year, although claims of a recession are "unjustified", warns the British Chambers of Commerce. However, interest rates will have to fall.

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