Annual House Price Inflation Falls Again
February 29, 2008 | Leave a Comment
Property values continue to flounder as annual house price inflation fell below 5% in January.
125% Mortgage Deals Are Being Scrapped
February 27, 2008 | Leave a Comment
Major lenders are beginning to scrap 100% plus mortgage deals. The controversial mortgages that allow borrowers to borrow more than the value of a house are being pulled.
Lenders Accused Of Profiteering
February 25, 2008 | Leave a Comment
More accusations of profiteering have been levelled against Britain’s mortgage lenders as they have put up the rates on tracker mortgages since the base rate was reduced in early February.
Northern Rock Shrinks Its Mortgage Book
February 25, 2008 | Leave a Comment
The mortgage book of Northern Rock is already being reduced ahead of its forthcoming nationalisation.
Bank Cuts Base Rate By 0.25%
February 22, 2008 | Leave a Comment
As widely forecast, the Bank of England cut the base rate on Thursday by a quarter point to 5.25%, their lowest level since April 2007.