14 August 2009 Archive
Repossession nation - 14/08/2009 12:51
The level of repossession is slowing in the UK, according to new data out today. |
New buy-to-let mortgages increase, arrears hit one in 40
The buy-to-let mortgage market is now showing signs of stabilisation, according to new figures out today - but one in 40 mortgages is in arrears. |
Mortgage shortage and negative equity 'trap' 3.5m
As many as 3.5 million households cannot move because of mortgaging lending restrictions or low and negative equity. |
Repossessions fall 10%
Repossessions fell ten per cent over the last three months as mortgage lenders helped borrowers with payment difficulties, the Council of Mortgage Lenders (CML) has claimed. |
Repossessions just delayed, not stopped
Government attempts to prevent a surge in repossession orders may simply be delaying cases, industry figures have suggested. |
The Coventry presents Flexx mortgages
Two new flexible mortgages which allow unlimited overpayments and payment holidays have been launched by The Coventry. |
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