UK business lending and mortgage borrowing on the rise as economic confidence grows

Affordable credit in the UK has resulted in high street banks lending more to businesses and consumers in April 2015, according to figures released on Thursday by the British Banking Association (BBA), a trade association that represents the UK banking […]

Continue Reading...

Greater London sees 27% growth in loans to first-time buyers

First-time buyers in Greater London borrowed GBP3bn in the second quarter 2014, an increase of 27% on the same period a year ago and up 10% on the


The 4 Surprises About Mortgage Applications That Most People Don’t Know About

Help to Buy: Friend or Foe?


Lending to first-time buyers reaches biggest quarterly total since 2007

The Council of Mortgage Lenders (CML), which is comprised of banks, building societies and other lenders, released new figures on Monday that show lending to first-time buyers in


BBA reports increase in new mortgage borrowing for May

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

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


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,

Powered by WordPress