21 November
10:01:51
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Interest-free unsecured loans of up to £50,000 "to help every homebuyer move home or get onto the property ladder" are being offered at property website LOOK4APROPERTY.
LOOK4APROPERTY |
19 November
11:35:59
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The self-employed now face a "mortgage obstacle course" after "the last big lender of self-certification home loans pulled out of the market." More at TimesOnline.
TimesOnline |
26 October
07:46:04
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£1,000,000 loans - Northern Rock "has become the first choice for bonus-rich City bankers, as other customers face a continued squeeze on borrowing." More at TimesOnline.
TimesOnline |
23 October
11:05:16
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The Post Office (www.postoffice.co.uk) has entered the mortgage market after a pilot project and is offering "one of the lowest standard variable rates – the interest rate charged after the initial offer expires – on the market." More at The Telegraph. Daily Telegraph |
22 September
06:16:06
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The Mansfield Building Society (www.mansfieldbs.co.uk) has introduced a "100 per cent mortgage to first-time homeowners buying in partnership with a housing association." More at the FT.
FT.com |
4 September
06:20:09
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HSBC (www.hsbc.co.uk) has launched a mortgage with a 1.99% variable rate for 2 years but it requires a 40% deposit and comes with a £1,199 arrangement fee. More at The Telegraph.
The Telegraph |
9 July
06:47:14
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Nationwide is to re-introduce the 125% mortgage - aka the "negative equity mortgage" - which will enable trapped homeowners to move provided they have a 5% deposit.
Fair Investment |
27 May
06:40:06
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Lloyds TSB has introduced the 'Lend a Hand Mortgage' which requires a 5% cash deposit, plus the backing of someone who will deposit savings of 20% of the value of the property as additional security for the mortgage.
Lend a Hand Mortgage |
15 May
06:14:58
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Abbey, second-largest mortgage lender in the UK, is increasing LTV on fixed-rate deals by reducing deposits required from 40% to 30%.
thisismoney.co.uk |
25 February
10:34:16
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Buy-to-let mortgage advances have hit a 5-year low reflecting declines in both demand and supply for loans in the sector.
FT.com |
23 February
05:02:17
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Northern Rock is going to resume new mortgage lending. Word in the market is that 90% deals will be available before long.
The Telegraph |
10 November
09:29:32
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"Nationwide, Britain's biggest building society, today said it expects the mortgage market will this year slump to just a fifth of its value last year."
Evening Standard |
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