Mortgage News: August 2005
Act
now to get a cheap fix on your mortgage
Published: August 28 2005 (business.timesonline.co.uk)
Lenders are pulling their top deals as hopes of further cuts in base
rate recede, writes Clare Francis.
You
& your money: Are you getting the proper home truths?
Published: 27 August 2005 (belfasttelegraph.co.uk)
Mortgage brokers might not be giving home-buyers the best deal for their
circumstances, says Stephen Pritchard.
Comic
Hancock takes mortgage job
Published: 26 August 2005 (news.bbc.co.uk)
Comedian Nick Hancock, best known for hosting BBC sport quiz They Think
It's All Over, has taken a job as marketing director for a mortgage
broker.
Mortgage
lending at slowest since February
Published: 26 Aug 2005 (business.scotsman.com)
MORTGAGE lending fell to a five-month low in July as borrowers waited
for the August cut in interest rates.
Borrowers
turn to fixed mortgages
Published: 18 August 2005 (news.bbc.co.uk)
Fixed rate mortgages are at their most popular for nearly six years.
Mortgages
slow as buyers wait
Published: 18 August 2005 (thisismoney.co.uk)
ORTGAGE lending slowed dramatically in July as homebuyers sat on their
hands ahead of this month's wellflagged cut in interest rates in order
to benefit from cheaper deals.
Housing
market confidence static
Published: August 14, 2005 (headlines.virgin.net)
Confidence in the housing market remained static for the fourth month
in a row during July, a survey shows.
Mortgage
lenders fail to pass on interest-rate cut
Published: August 14, 2005 (timesonline.co.uk)
MORE than 40 banks and building societies stand accused of profiteering
after failing to pass on the recent cut in interest rates to borrowers.
Lifetime
mortgage sales fall as equity release rules hit home
Published: August 10, 2005 (business.timesonline.co.uk)
THE headlong rush by pensioners to unlock money from their homes has
undergone a sharp slowdown in recent months as new rules on equity release
begin to bite.
Equity
release market continues slowdown
Published: 9 August 2005 (thisismoney.co.uk)
THE equity release market grew at its weakest rate for two years in
the first half of 2005 as the appetite for the mortgages waned.
Lifeline
for borrowers as rates change prompts raft of cuts
Published: 07 August 2005 (sundayherald.com)
Last week’s 0.25% cut in base rates has been warmly welcomed by
homeowners, but not all lenders are showing the same enthusiasm, writes
Nic Cicutti.
Bank
of England Reduces Interest Rates by 0.25 Percentage Points to 4.5%
Published: 4 August 2005 (www.bankofengland.co.uk)
The Bank of England's Monetary Policy Committee today voted to reduce
the Bank's repo rate by 0.25 percentage points to 4.5%.
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