Mortgage News: December 2005
Mortgage
approvals up by 51%
Published: December 29, 2005 (business.timesonline.co.uk)
Mortgage approvals for home purchases soared by 51 per cent on the year
in November, according to data published this morning by the British
Bankers’ Association, although at least one leading economics
analyst said that this would not mean that house prices will start to
increase rapidly in 2006.
Also reported in: Reuters,
icWales,
The
Scotsman, The
Guardian, Manchest
Evening News, Evening
Times, The
Telegraph, Assetz,
ABC
Money
Mortgage
lending picks up again
Published: 20 December 2005 (news.bbc.co.uk)
Mortgage lending has continued to show an unseasonal pickup as the year
draws to a close.
Also reported in: Reuters,
Guardian,
The
Times, The
Scotsman
Exclusive
Trigold & Equifax Alliance announced
Puplished: Dec 19 2005 (creditman.biz)
An exclusive new link between Trigold and Equifax, the leading credit
information provider, will provide mortgage advisors with an ‘added
value’ service for their clients, to help them source the best
possible mortgage deal.
One
in ten capital residents 'can't afford the home they live in'
Published: Mon 19 Dec 2005 (news.scotsman.com)
MORE than one in ten Edinburgh residents are unable to afford the roof
over their heads, a new report has found.
Homebuy
plan extends property ladder
Published: December 11, 2005 (business.timesonline.co.uk)
CHANCELLOR Gordon Brown confirmed in the pre-budget report that three
mortgage lenders — Halifax, Nationwide and Yorkshire building
society — are to take part in a shared-equity initiative to help
more people get onto the property ladder, writes Clare Francis.
Bank
of England Maintains Interest Rates at 4.5%
Published: 8 December 2005 (bankofengland.co.uk)
The Bank of England’s Monetary Policy Committee today voted to
maintain the Bank’s repo rate at 4.5%.
Aslo reported in: Easier.
Cheap
mortgages on way for first-time buyers
Published: December 05 2005 (theherald.co.uk)
Gordon Brown is expected to unveil plans to provide hundreds of thousands
of cheap mortgages for first-time buyers in England in today's pre-budget
report after months of intensive negotiations with mortgage lenders.
Also reported in: The
Guardian.
Mortgage
fraudster gets a two year jail sentence
Published: 03 Dec 2005 (viploan.co.uk)
A multi-millionaire property dealer who began a property empire with
the aid of fraudulent mortgage applications was jailed on Thursday for
two years.
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