United Kingdom
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Tuesday, 2 December 2008
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| View All Articles About 'Mortgage' |
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| 31. |
Banks may swap up to 90 billion pound mortgage assets
Banks are set to swap between 80 billion and 90 billion pounds of mortgage-backed assets for Treasury bills, nearly twice the base level set by the Bank of England last month, the Financial Times reported on Friday.
16 May 2008 |
| 32. |
Poor mortgage market hurts Bovis' expectations
Bovis Homes said on Tuesday that conditions in the housing market had "deteriorated sharply" in recent times, and that as a result the company expected its results for the first half of 2008 to be significantly lower than previously expected.
06 May 2008 |
| 33. |
RBS cuts mortgage rates to lure customers
Royal Bank of Scotland is trimming up to 0.3 percentage points off new mortgages to boost market share, taking advantage of its rivals' retreat in the face of the credit market crisis and a deteriorating housing outlook.
30 Apr 2008 |
| 34. |
Abbey have over 15% mortgage market share
Abbey has taken 15.9 per cent of the mortgage market in the UK in the first quarter. According to Santander, the Spanish owner of Abbey, the company's net lending was £2.9 billion in the first quarter, up from £1.3 billion in the previous year.
29 Apr 2008 |
| 35. |
Mortgage approvals fall in March
The British Bankers Association (BBA) has released the results of a survey showing a significant drop of mortgage approvals in March. The BBA said that mortgage approvals fell from 43,147 in February down to 35,417 last month. The figures represent an annual drop of 46.2 per cent and are the lowest since the series began in 1997.
23 Apr 2008 |
| 36. |
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 |
| 37. |
Bank eyes 50 bln pounds mortgage rescue
The Bank of England will next week announce plans to swap 50 billion pounds of government bonds for UK bank mortgages in an effort to break a lending squeeze gripping the home loan market, the BBC said on Friday.
19 Apr 2008 |
| 38. |
Bank close to terms for mortgage intervention
The Bank of England is close to finalising the terms for an intervention in the mortgage market, the Financial Times reported, after leading bankers warned the government on Tuesday over the growing strain on small lenders.
14 Apr 2008 |
| 39. |
Mortgage lending could drop by half in 2008
Steve Crawshaw, chairman of the Council of Mortgage Lenders (CML) has said that without extra funding from the Bank of England, mortgage lending could fall by half in 2008.
07 Apr 2008 |
| 40. |
Credit crunch pain hits homeowners
Millions of people bracing for a jump in mortgage costs look set to have the blow cushioned by a cut in interest rates this week but face pain ahead as house prices fall and risk-averse lenders ration credit.
07 Apr 2008 |
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