Mortgage news - February 2006
Advantage
Credit Forms Mortgage Fraud Awareness Partnership
Published: 27/02/2006 (securitypark.co.uk)
Advantage Credit International partners with Mortgage Fraud Awareness,
LLC, a mortgage fraud consulting firm headed by nationally known expert
and lecturer on mortgage fraud, Kevin Barnes.
Mortgage
data underscore housing market rebound
Published: February 27 2006 (news.ft.com)
The number of mortgage approvals fell in January compared with the previous
month but has rebounded sharply from the nadir touched a year earlier,
according to data released on Monday.
SECC
to host top mortgage show
Published: 24/02/06 (eveningtimes.co.uk)
SCOTLAND'S biggest exhibition for the mortgage industry will be held
in Glasgow next month.
Sellers'
packs will not help new buyers get mortgage
Published: Feb 23, 2006 (today.reuters.co.uk)
LONDON (Reuters) - First-time buyers will still have to pay for a full
property valuation, despite government moves to ease their burden by
introducing Home Information Packs (HIPs), lenders have warned.
Mortgage
of the future
Published: 24 February 2006 (thisismoney.co.uk)
IN 1996, John Major was Prime Minister, Charles and Diana divorced and
a young David Beckham burst into the limelight with a 50-yard wonder
goal for Manchester United.
New
year's mortgage lending sets record
Published: 21 Feb 2006 (business.scotsman.com)
MORTGAGE lending in January soared to its highest level on record, figures
showed yesterday.
Cards
that take longer than mortgages
Published: 18 February 2006 (thisismoney.co.uk)
CREDIT card users could finish paying off their mortgage before their
card balance if they only clear the minimum payment each month.
Mortgage
lenders see house market rebound
Published: February 17, 2006 (business.guardian.co.uk)
Britannia and Bradford & Bingley lend record sums.
Property prices predicted to climb 2%-3% this year.
CML:
Data from new regulated mortgage survey
Published: 15 Feb 2006 (politics.co.uk)
The CML today publishes the first set of data from its new regulated
mortgage survey (RMS), which replaces the old survey of mortgage lenders
(SML). The RMS has around 90% of market coverage and provides much higher
quality data than the old SML.
UK
set for strong mortgage revival
Published: 15 Feb 2006 (business.scotsman.com)
UK MORTGAGES are set for a strong recovery, with a leading analyst forecasting
a near 13 per cent lift in advances during the next five years.
£217bn
in mortgages going unprotected
Published: 13 Feb 2006 (business.timesonline.co.uk)
Millions of Britons are leaving their mortgage exposed by not making
sufficient provision for it with their life insurance, new figures show.
Table
talk makes financial sense
Published: February 11, 2006 (business.timesonline.co.uk)
PROPERTY PRICES are once more an acceptable topic of conversation at
dinner parties and other gatherings.
Mortgage
costs
Published: Feb 10 2006 (icnorthwales.icnetwork.co.uk)
THE cost of servicing mortgages across Wales last month increased by
0.1% to 16.6% of household take-home pay - the highest level of payments
since January 2002.
Mortgage
lenders find consumers misusing endowment compensation
Published: 7 Feb 2006 (find.co.uk)
Mortgage lenders are concerned that the compensation customers are receiving
for potentially mis-sold endowment mortgages is not being used to make
up for the shortfalls faced.
Mortgage
brokers predict 2006 house price rise
Published: Feb 7, 2006 (news.monstersandcritics.com)
Almost two thirds of mortgage brokers believe that house prices are
set to rise in 2006, according to a new report.
Mortgage
lenders exclusively targetting professionals
Published: 7 February 2006 (easier.com)
Mortgage lenders are increasingly producing products designed exclusively
to benefit highly paid professionals.
Avoid
endowment ambulance-chasers no matter how big your emergency
Published: Sun 5 Feb 2006 (scotlandonsunday.scotsman.com)
MOST readers will share my exasperation at being plagued by unsolicited
telephone calls.
Mortgage
repossessions rise
Published: Friday, 03 Feb (aboutproperty.co.uk)
The number of repossessions rose in the second half of last year, but
is still at historically low levels.
Also reported in: This
is Money, ABC
Money.
Housing
packs could lead to return of gazumping, say mortgage lenders
Published: February 1, 2006 (money.guardian.co.uk)
Fears that measure will bring market distortion.
Sellers may create a glut as they try to save £700 fee.
Pent-up
demand adds impetus to house price rises
Published: February 01, 2006 (business.timesonline.co.uk)
HOUSE prices have risen at their fastest pace for 18 months as mortgage
approvals continue to rise, prompting City speculation that the property
market could return to double-digit growth.
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