6 June 2008 Archive

The negative equity trap

For many people the words negative equity hold special and worrying significance particularly if they grew up during the last housing crisis in the early 1990's. But many of us probably don't really know what it is or what it might mean for us if we own a property. Here Christina Jordan, explains what negative equity is and what you're options might be if you fall into the negative equity trap.

Bradford & Bingley ups mortgage rates

The Bradford & Bingley bank has been forced to up mortgage rates after what has been a torrid week for the company.

Subprime mortgage lenders defended

The Intermediary Mortgage Lenders Association (IMLA) has moved to defend subprime lenders from attack after the Liberal Democrat's branded them unscrupulous.

Affordability prime concern in Northern Ireland

Peace process thought to have assisted prices

Affordability remains the biggest single concern for would be buyers in the Northern Ireland property market, according to the Council of Mortgage Lenders (CML).