11 November 2008 Archive
Brown: Early repossession "unacceptable"
Gordon Brown today described a move from lender GMAC-RFC to repossess the home of a borrower just two months in arrears as "unacceptable". |
Mortgage lending drops 57%, but rising proportion escape stamp duty
Mortgage lending in September was down 57 per cent on a year ago and down 15 per cent on August - despite an increase in the stamp duty threshold to stimulate growth. |
Surveyors see hope in dire property market
Levels of home buying are still falling, but estate agents are seeing some early positive signs of recovery in the property market. |
Northern Rock mortgages receive 1.5% cut
Northern Rock has followed the Bank of England's lead and slashed standard variable mortgage rates by 1.5 per cent. |
Coventry passes on 1.5% BoE cut
Coventry Building Society has reduced its standard variable rate (SVR) on mortgages by 1.5 per cent, it has been revealed. |
Abbey unveils latest mortgage cuts
Abbey has cut rates on two-year fixed-rate mortgages and unveiled its newly-priced two-year tracker mortgages. |
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