The Mortgage Market

Lending Code launches on 1st November

Sat, 31 Oct 2009 17:09:00 GMT

The Lending Standards Board - an independent body- will look out for the interests of borrowers and monitor the actions of lenders when a new Lending Code is launched on 1st November.

Britain Risks Grinding to a Halt in Severe Weather

Sat, 31 Oct 2009 17:08:00 GMT

Britain risks grinding to a halt in the event of another severe winter. That is the stark message from a new report by the Local Government Association.

House Prices Rise at Slower Rate in October

Sat, 31 Oct 2009 17:07:00 GMT

House prices rose at a slightly slower pace of 0.4% in October.

Bankers see the need for change

Fri, 03 Jul 2009 17:09:00 GMT

Bankers are not complacent and recognise the need for change, the British Bankers' Association said today.

OFT to review high cost consumer credit

Fri, 03 Jul 2009 17:08:00 GMT

The OFT today launched a review into the supply of high cost credit as part of its ongoing Financial Services Strategy.

Borrowers switch to fixed rates

Thu, 11 Jun 2009 19:30:00 GMT

Take up of fixed-rate products increased further as the interest rate cycle has now reached its floor, according to new data from the Council of Mortgage Lenders.

Mortgage lending down 60 percent

Fri, 15 May 2009 19:30:00 GMT

Gross mortgage lending declined to an estimated £10.4 billion in April.

900,000 home-owners in negative equity

Thu, 16 Apr 2009 19:30:00 GMT

A new research article by James Tatch, senior statistician at the Council of Mortgage Lenders, suggests that about 900,000 home-owners currently have some degree of negative equity.

Recessionary pressures could increase driver fatigue

Thu, 9 Apr 2009 22:13:00 GMT

Drivers feeling the pressure to safeguard their job or reduce expenses are putting themselves at risk of fatigue warns Norwich Union.

ABI call to make saving more attractive

Thu, 9 Apr 2009 22:07:00 GMT

The need to make saving more attractive is reinforced by research published today by the ABI (Association of British Insurers).

Bank Rate stays at 0.5%

Thu, 9 Apr 2009 13:28:00 GMT

The Bank of England's Monetary Policy Committee today voted to maintain the Bank Rate at 0.5%.

Dunfermline Building Society

Mon, 30 Mar 2009 12:21:00 GMT

The Bank of England has announced today that core parts of Dunfermline Building Society have been transferred to Nationwide Building Society.

Scottish Widows Bank Results 2008

Mon, 30 Mar 2009 12:20:00 GMT

Scottish Widows Bank announced its 2008 annual results, reporting profits of £33.6m for the year.