Articles...
Nov 7 2008
Millions of homeowners received a boost when the country's largest lenders announced they were passing on the Bank of England's 1.5% interest rate cut in full to mortgage customers. ...
Oct 16 2008
Building societies have been slow to pass on last week's interest rate cut with only four so far announcing plans to reduce their rates. ...
Oct 13 2008
Britain's biggest building society has announced it is hiking its tracker rates for new borrowers despite last week's interest rate cut....
Aug 7 2008
The Bank of England gave no explanation when it held its official interest rate at five per cent for a fifth month, after its interest-setting monetary policy committee split three ways in its vote in July....
Apr 4 2008
Mortgages are set to become still scarcer and dearer in the coming months, while quickening inflation makes it impossible for the Bank of England to cut interest rates enough to prevent a wider economic slowdown....
Mar 11 2008
The number of mortgages advanced for people moving home fell to a new low during January as the credit crunch continued to take its toll on the market, figures showed today....
Feb 22 2008
Buying a house with an endowment mortgage in the early '90s was surely one of the best investments ever....
Jan 30 2008
Just fancy that. Home-buyers most likely to default on their mortgages are those who have borrowed an abnormally high multiple of their income, those whose mortgages represent a high proportion of the value of their home and those with mortgages set to last more than 25 years....