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Friday 5th September 2008
Moveme.com slams stamp duty reform Around eight in ten Britons do not feel encouraged to move home due to the government's recent suspension of stamp duty, a new poll from Moveme.com suggests. Plans to scrap the tax for homes worth...
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Thursday 4th September 2008
Bank opts out of rate cut The Bank of England decided against cutting interest rates today. Instead, the bank rate is to remain at five per cent, following a meeting of the nine-member Monetary Policy Committee (MPC). Mor... |
Tuesday 2nd September 2008
Have We Seen The Last Of The Major Credit Crunch Loses? Just a few short weeks ago the UK stock market was awash with banks going cap in hand to shareholders for money to bail them out of what had become a serious situation. Now that many of the major... |
Tuesday 2nd September 2008
Lenders Asked To Play Their Part In ISMI Changes Lenders have been handed the baton by the government with changes to the Income Support for Mortgage Interest (ISMI). Currently anyone who loses their job will only receive assistance on their... |
Tuesday 2nd September 2008
Mortgage Rate Cuts Welcomed – Again! News that more mortgage rates have been cut across the sector has been welcomed – again – by the consumer but are first time buyers really getting value for money? Are they really benefitting by as... |
Tuesday 2nd September 2008
Gordon Browns Housing Moves Are Lambasted In Press Despite initial indications that the moves announced by the government to assist the housing market and take pressure off those in financial trouble had been well received, they have been lambasted... |
Tuesday 2nd September 2008
Government announces stamp duty suspension The government has unveiled new housing reforms, aimed at boosting the UK's slowing mortgage market. Among the proposals is a 12-month suspension of stamp duty for homes worth £175,000 or les... |
Tuesday 2nd September 2008
Government Announce Partial Suspension Of Stamp Duty On Home Purchases The UK government has reacted positively to the threat of a further downturn in the UK property market with a suspension of stamp duty on home purchases up to a level of £175,000. While this... |
Monday 1st September 2008
Brown And The £40 Billion Bail Out (Part Two) The £40 billion bail out plan by Gordon Brown (heavily hinted upon but not actually confirmed as yet) is a massive risk to the UK tax payer. This is after the £20 billion plus which... |
Monday 1st September 2008
New Mortgage Rules Set To Reduce Fraud A number of bodies involved in the provision of mortgage finance have grouped together to produce a new set of rules which will see mortgage fraud drop substantially over the next few years. The... |
Monday 1st September 2008
Mortgage Approvals Drop 70%! News that mortgage approvals in July fell over 70% compared to the same period last year have shocked even the more downbeat of analysts in the City. While a fall was expected the magnitude has... |
Monday 1st September 2008
Brown And The £40 Billion Bail Out (Part One) The weekend press has been full of yet more promises from the Labour Party as the government looks to support the housing market. Yet again we have unnamed sources drip feeding yet more stories... |
Wednesday 27th August 2008
Abbey reveals mortgage repayment trends More than one in ten homeowners are planning to overpay on their mortgages, as they try to cut back on their debts. According to Abbey, which conducted research in to the subject, this group outnu... |
Saturday 23rd August 2008
Are Mortgage Lenders Increasing The Bar Again? News that over 400,000 mortgage applications where rejected over the last 18 months has taken a number of observers by surprise and cast the spotlight back onto the finance sector. While the major... |
Friday 15th August 2008
Halifax Reduces Mortgage Rates Again Whatever is the mortgage market coming to when Halifax pushes through its second rate reduction in less than a week!
The group’s two year tracker mortgage rate has fallen... |
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Mortgages
Using a keynote speech at the CBI in Scotland we saw Gordon Brown looking more upbeat than he has for some time, more resilient and more candid in his approach to the struggle with the economy.... 
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