26 August 2008 Archive

Buy-to-let mortgage lending down

Buy--to-let mortgage lending hit by property crunch

The number of buy-to-let mortgage deals being agreed slumped during the first half of the year, as the sector succumbed to the wider market slowdown.

Subprime mortgage arrears rise

Mortgage arrears rise for subprime borrowers

Mortgage arrears in the UK subprime mortgage market have continued to increase, according to the latest analysis from Standard and Poor's.

Bovis profits slump 84%

Builder Bovis sees profits slide

Homebuilder Bovis profits fell 84 per cent over the first six months, in what is described as "the toughest period of trading".

Mortgage approvals fall 65%

UK mortgage market now a shell of its former self

Just 22,448 mortgages were approved for home purchases in July, according to the latest figures from the British Bankers' Association (BBA).

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