All Posts Tagged With: "Mortgages"

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No More 10% Deposits

 According to The Times report, Lloyds TSB has become the biggest lender to refuse mortgages to buyers who do not have a 10 per cent deposit.
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29Feb2008 | Vproject | 0 comments | Continued
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The World’s Most Profitable Re-Mortgage?

 By Paul McIndoe
In the history of UK remortgages there have been few that have been as significant as the one that Eve and Ted Branson took out against their home in 1971.
Most people use remortgages for home improvements, consolidating debt, perhaps a special purchase, or even that once-in-a-lifetime holiday. However, Eve and Ted Branson put [...]

7Feb2008 | Vproject | 0 comments | Continued
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Homeowners have almost two trillion pounds of wealth tied up in their properties

Britons have property equity worth 1.95 trillion pounds, once outstanding mortgage debt is taken into account, according to GE Money Home Lending.
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5Feb2008 | Vproject | 0 comments | Continued
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When Should You Remortgage Your Home?

 If you’re a homeowner, you’ll know only too well the cost of owning a house. With ongoing maintenance costs, council tax and more, often being a homeowner is at the expense of things like holidays and new cars. However, this needn’t be the case, with remortgages proving extremely popular over the last few years when [...]

3Feb2008 | Vproject | 0 comments | Continued
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More than one million families are in danger of losing their home over the next 18 months,

 Britain’s financial regulator warned yesterday.
It fears that huge mortgages and other debts will prove a lethal cocktail during the global credit crunch. As banks become more wary, many coming out of a fixed-rate term on their home loan will find they cannot switch to another cheap deal.
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30Jan2008 | Vproject | 0 comments | Continued
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Mortgage approvals fall to record low

According to Reuters Mortgage approvals fell for the seventh month running in December to the lowest since current records began in 1999, official data shows, the strongest sign yet that the housing market is slowing sharply.
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30Jan2008 | Vproject | 0 comments | Continued
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The average cost of a home looks set to fall by £11,000 this year

 - the first annual drop since 1995, according to warnings today.
A combination of the credit crunch, the recent house price boom and stretched household finances could now drag property prices down by 2.5 per cent, to average £187,900.
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28Jan2008 | Vproject | 0 comments | Continued