14 October 2008 Archive

Equity release help: Advice webchat with Saga

Advice with equity release

Equity release was once seen as the financial choice of last resort. However, government regulation of the sector is making a more widespread choice to cover retirement costs.

Northern Rock debt repayment to be hit by mortgage crisis

Queues a year ago taking cash out of Northern Rock turn to queues putting money in

Northern Rock is ahead of schedule on repaying its loan to the government, but predicts harder times in the coming year.

Northern Rock standard variable rate: Highest on market

Northern Rock mortgage rate not cut full 0.5%

Government-owned Northern Rock has failed to pass on the full 0.5 per cent interest rate cut last week - giving it one of the highest standard variable rates (SVRs) on the market.

Property transaction levels plunge

Property transaction levels fall to less than one a week

The housing market has almost ground to a halt with surveyors reporting less than one sale per week.

HSBC mortgage rates remain stable

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Interest rates on HSBC's variable mortgages remain unchanged at 6.25 per cent following the Bank of England base rate cut last week.

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