September 2009 Archive

How much is HSBC's £1.5bn? - 30/09/2009 13:12

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£1.5 billion for first-time buyers - or least buyers wanting 90 per cent mortgages - certainly sounds high.

HSBC pledges £1.5bn to 90% mortgages

HSBC increases 90% mortgage lending to 11,087 buyers

HSBC has pledged to increase the amount of cash lent on 90 per cent mortgages to £1.5 billion.

Councils must be told about repossessions

Lenders must now tell councils if they are planning repossession

New rules on repossessions means councils must be told if a home is being lost.

What is going on in property? - 29/09/2009 14:18

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The property and mortgage markets are seemingly at an impasse.

Could Mervyn cut rates further?

Could the Bank of England really cut interest rates further?

Speculation is mounting that the Bank of England could cut interest rates even further next week.

Mortgage approvals drop

Property market flattens

Mortgage approvals for home buyers were steady in August and remortgaging dropped.

Million more homes needed to stop next boom

Future housing boom can be stopped through more building

The housing shortfall is set to hit one million homes in 2010.

HSBC gives mortgage boost to homebuyers

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HSBC is making £500million available to help homebuyers with ten per cent deposits move up, or on to, the housing ladder.

Sale and rent back to face tough new rules

Sale and rent back to face further tight rules

Regulators today unveiled tough new rules to protect sale-and-rent back customers.

Leeds Building Society: New 2-year mortgages

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A two-year base rate tracker and a fixed-rate loan have this week become the latest additions to Leeds Building Society's mortgage collection.

Homebuyer mortgage approvals up 81%, remortgages down 47%

Banks lending more than a year ago - but mortgage lending still tough

Homebuyer mortgage approvals rose 81 per cent in the last year, but remortgage approvals are down 47 per cent.

Big mortgage lenders leave customers unsatisfied

Mortgages lenders not in every customers good books

Mortgage lenders are improving when it comes to customer satisfaction, but the high street heavies are struggling to keep borrowers smiling.

Low tracker mortgage rates could be lost opportunity

Where will low tracker rates lead you?

Homeowners on low tracker and variable rate mortgage deals are being urged to use the drop in repayments to overpay.

Clydesdale and Yorkshire banks: 2.99% mortgage

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Clydesdale and Yorkshire banks are launching new discounted variable mortgages with rates starting at 2.99 per cent.

House sales dropped in August

Houses sales are down and the market outlook seems weak: A new cliff?

August saw a drop in the number of homes sold - as the property market saw a hard summer.

Mortgage lenders hold up rates for first-time buyers

First-time buyers face tough time buildign deposits or high mortgage rates

First-time buyers who can't rustle up a sizeable deposit will be stung my mortgage lenders.

What would Lib Dem £1m mansion tax do?

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The Lib Dems grabbed the headlines today with a new policy of taxing all owners of properties worth over £1 million.

Lib Dems push £1m property tax

Cable looks to raise £1bn from £1m homes

The Liberal Democrats today unveiled plans fro a new UK property tax on homes worth over £1 million.

Asking prices back up in September as properties disappear from market

Lack of properties on the market push up prices

September has seen a rise in property asking prices after a drop in August.

False dawn for property or not? - 18/09/2009 13:22

False dawn for property or not? - 18/09/2009 13:22

Mortgage lending fell back this summer - although it was hardly racing away and is set to remain depressed for some time.

Mortgage lending drops in summer

Summer break for mortgage lending, but market faces tough time when people get back

Mortgage lending in August dropped back this summer as home hunters headed on holiday and away from the market.

First Direct mortgage: A flexible fix

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First Direct is offering a range of fixed-rate offset mortgages which the lender is hailing as a secure but flexible home loan.

Dragon Caan to offer home buyers £1bn interest-free loans

Dragon Caan offers interest-free loans to homebuyers

Dragon's Den star James Caan is set to offer home buyers interest-free loans to cover stamp duty and legal fees.

Is 1.98% at Woolwich worth taking? - 16/09/2009 13:00

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Barclays has stepped up to HSBC's 1.99 per cent mortgage by offering one at 1.98 per cent.

Barclays drops Woolwich mortgage rate to 1.98%

Barclays catches the bus on dropping mortgage rates

Barclays has cut interest rates on its range of Woolwich mortgages.

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