Landlords Keeping Hold Of Property

The buy-to-let market is being dominated by professional landlords who plan to hold on to their properties for the long-term, according to research.

30/04/2008

Nationwide Raises Deposit To 10%

A major mortgage lender has raised the size of the deposit it demands from new borrowers to at least 10%.

29/04/2008

Woe For Borrowers As Rates Raised

Borrowers are facing more woe after two of the UK's biggest lenders raised their rates.

28/04/2008

Homeowners Flock To Prices Website

A house price website has seen a near 300% surge in the number of people looking up the value of their home.

25/04/2008

46% Drop In Home Loan Approvals

The number of mortgages approved for people buying a home has plunged by 46% as the credit crunch continues, figures show.

24/04/2008

Warning Of Buy-To-Let Arrears Rise

Agents and landlords should not take advantage of the current demand for housing in the private rented sector following the credit crunch by cutting corners, a trade body has warned.

23/04/2008

Warning Of Buy-To-Let Arrears Rise

Bradford & Bingley has said that demand for buy-to-let mortgages remained robust, but warned that arrears levels were continuing to rise.

22/04/2008

£50bn injected into troubled market

The Bank of England has unveiled a £50 billion rescue package for banks hit by the credit crunch.

21/04/2008

One in ten at negative equity risk

Economists at Morgan Stanley are predicting house price falls of up to 10% this year, followed by a further drop of 5% in 2008.

18/04/2008

House Prices Double Over Decade

The cost of homes for first-time buyers has rocketed by more than 200% over the last 10 years, according to a housing charity.

17/04/2008

BoE 'To Help With Credit Crunch'

The Bank of England is planning to bail out the mortgage market after warnings that many smaller providers could close to new borrowers, it has been reported.

16/04/2008

Homeowners Worried Over Downturn

Nearly one in four young homeowners are worried that falling property prices will see them stuck with negative equity on their homes, a financial website said.

15/04/2008

Mortgage Lender Denies Equity Move

A major UK buy-to-let lender has denied it is planning to issue new shares in a bid to raise capital.

14/04/2008

Cut unlikely to help new borrowers

New borrowers are unlikely to see much benefit from the recent interest rate cut, commentators have warned.

11/04/2008

Rates Cut Set To Ease Borrowing Strain

The expected interest rate cut from the Bank of England will help ease the strain on borrowers under increasing pressure from the credit crunch.

10/04/2008

HSBC to match existing mortgages

Banking giant HSBC has offered to match homeowners' existing fixed-rate deals, in a move which bucks the credit squeeze affecting its competitors.

09/04/2008

Abbey Withdraws 100% Mortgage Deal

The final mainstream lender to offer 100% mortgages has reportedly axed the deal.

08/04/2008

Households Told To Expect Rate Cut

Those caught in the global credit crunch fallout have been told to expect a Bank of England interest rate cut later this week.

07/04/2008

MPs Concerned Over Axing Tax Rate

Labour MPs have voiced concern at Treasury plans to axe the 10p starting rate of income tax.

04/04/2008

Bank urged to cut interest rates

The Bank of England should cut interest rates gradually despite the risks to the economy, a leading figure has said.

03/04/2008

Bank To Withdraw Mortgage Range

First Direct is to withdraw its mortgage range for new customers as other lenders raise their rates for existing ones.

02/04/2008

Mortgage 'Now A Lasting Burden'

With low inflation failing to eat into consumer's debt, many are seeing their mortgages suffer, according to a financial group.

01/04/2008