All posts tagged mortgages

London property

UK financial regulator sounds warning over interest-only mortgages

The Financial Conduct Authority (FCA) has warned homeowners with interest-only mortgages that they need to take control of their mortgage repayment planning. Research carried out by the FCA, the UK’s new financial services industry regulator, shows that many people with …

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House Prices fall to record levels.

UK home repossessions fall to five-year lo

Home repossessions in the UK last year fell to their lowest level since 2007, the Council of Mortgage Lenders (CML) reported today. Over the course of the year a

London Terrace

Home repossessions in the UK continue to fall

The rate of home repossession in the UK continued to fall in the third quarter of 2012, the Council of Mortgage Lenders (CML) reported today. In its latest quarterly

MetLife

US financial services firm MetLife sells mortgage unit to JP Morgan

US insurer MetLife Inc (NYSE:MET) said it had inked an accord to sell the mortgage servicing portfolio of its banking unit MetLife Bank NA to JPMorganChase Bank NA,

Mortgages

Lending to UK firms remains flat but mortgage availability improves

UK banks expect to increase mortgage lending to home buyers over the next three months, but lending to small businesses will remain flat. The Bank of England's quarterly Credit

House Price Survey for the Past Two Decades

For many people currently living at home with their family or in rented accommodation, owning a home is a big aspiration. Having a place to call your own

Bank of England

Drop in remortgaging as UK homeowners expect rates to fall

UK lenders registered a significant decrease in remortgaging in June, with 23,400 remortgaging loans worth GBP3.1bn advanced during the month, down around 20% compared with the previous month

UK housing market

Fall in UK home repossessions despite ongoing recession

The number of home repossessions in the UK declined in the second quarter of 2012, despite the economy remaining in recession, the Council of Mortgage Lenders (CML) reported

Kensington, London

Halifax expects house prices to remain flat after dip in July

House prices across the UK dropped by 0.6% from June to July, but price growth on an underlying basis remains broadly stable, a new report from the Halifax

UK property sales

Mortgage lending in the UK down again in June

The Council of Mortgage Lenders (CML) has reported a decrease in total mortgage lending for June 2012. Estimates released by the CML on Thursday show that gross mortgage lending,

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