United Kingdom | Wednesday, 3 December 2008

Lenders Articles

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1. Merger push on ice for battered small lenders
Britain's battered smaller banks and other lenders are ripe for merging to create a bigger, stronger bank, but fragile markets and a grim economic outlook are likely to delay consolidation until some stability returns.
15 Jul 2008
2. Mortgage lenders go slow on rate cuts
A quarter of lenders are yet to announce their mortgage rate intentions, five weeks on from the last interest rate cut by the Bank of England.
16 May 2008
3. Darling wants lenders to pass on lower rates
Chancellor Alistair Darling will meet mortgage lenders on Tuesday to press them to cut the cost of home loans and look at ways of helping people refinance their mortgages.
22 Apr 2008
4. U.S. mortgage lenders to pump 100 bln pounds into markets
Two U.S. home financing heavyweights won government approval on Wednesday to pump $200 billion more into troubled U.S. mortgage markets, the latest step to stabilize credit markets and avert a deep recession.
17 Mar 2008
5. Housing affordability should improve
Affordability for first-time buyers fell to a 16-year low last year, but recent cuts in interest rates should ease the pressure, the Council of Mortgage Lenders says.
12 Feb 2008
6. Lenders sting customers with higher rates
Lenders are stinging consumers with far larger increases in the cost of borrowing than hikes in the official interest rate, figures show.
15 Jan 2008
7. King warns borrowers and lenders to be cautious
Borrowers and lenders need to be cautious because excessive leverage has been the common theme of previous financial crises, Bank of England Governor Mervyn King warned on Wednesday.
21 Jun 2007
8. Call for home seller packs to be delayed
Mortgage lenders and surveyors are urging the government to delay the introduction of controversial new home seller packs.
22 Feb 2007
9. Mortgage lending up
Gross mortgage lending rose 8 percent on the year to 29.4 billion pounds in December, a record for the month, the Council of Mortgage Lenders said on Thursday.
18 Jan 2007
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