Mortgages News

LONDON (Reuters) - Insurer Resolution could seal a deal as early as this week to buy the life business of mortgage bank Abbey, with only a handful of details still to be ironed out, sources familiar with the talks said. The purchase of Abbey's UK and offshore life businesses, in a deal estimated at between 3.5 billion and 4 billion pounds, would double Resolution's size and propel it into the FTSE 100 index. It would also boost Resolution's (RSL.L: Quote, Profile, Research) slice of the UK li ...

Jo Thornhill, Mail on Sunday5 June 2006 EVERYONE knows women can expect to live longer than men - yet most do nothing to prepare for those extra years and face a struggle in retirement. Only 35% of women save towards a pension of their own, either through work or a personal plan, according to a survey by Investec private bank. WANT TO KNOW MORE? SPECIAL REPORT: Everything you need to know about the proposals in the pensions White Paper SPECIAL REPORT: What the A-Day revolution mea ...

LONDON (Reuters) - Insurer Resolution could seal a deal as early as this week to buy the life business of mortgage bank Abbey, with only a handful of details still to be ironed out, sources familiar with the talks said. The purchase of Abbey's UK and offshore life businesses, in a deal estimated at between 3.5 billion and 4 billion pounds, would double Resolution's (RSL.L: Quote, Profile, Research) size and propel it into the FTSE 100. Officials at Resolution and Abbey in London and at Abbey' ...

By Lorna Bourke LONDON (Citywire) - Pension-linked mortgages fell out of favour following the stockmarket crash of 2000-2003 but the higher contribution limits afforded by A-Day have cast them in a more attractive and compelling light. High earners have very sound reasons for looking at pension-linked mortgages again. "Pension mortgages look attractive again with the new, higher, A-Day limits on annual contributions," says Mike Warburton of accountants Grant Thornton. "They are a lot more rel ...

LONDON (Reuters) - Insurer Resolution (RSL.L: Quote, Profile, Research) could seal a deal as early as this week to buy the life business of mortgage bank Abbey, with only a handful of details still to be ironed out, sources familiar with the talks said. The purchase of Abbey's UK and offshore life businesses, in a deal estimated at between 3.5 billion and 4 billion pounds, would double Resolution's size and propel it into the FTSE 100 index of blue-chip companies. Officials at Resolution and ...

CHICAGO (Dow Jones) -- The in-ground swimming pool is a huge asset to the social lives of Greg Gabbard's college-aged children -- it's so popular with them and their friends, their father wants to charge admission. To Gabbard, however, the pool is one of the biggest home-investment mistakes he has ever made. It's expensive to run the filter and cleaning usually falls on his shoulders. Even wors ...

Jo Thornhill, Mail on Sunday4 June 2006 MORTGAGE endowment policyholders who were told they are out of time to complain about mis-selling could see their deadlines extended. WATCHING CLOSELY: Keith Benstead will see if can still make a claim OTHER STORIES Bag a bargain at auction Landlords' £1bn insurance sting New on the market Mortgage debt near £1 trillion Green Belt land cost me dear USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortga ...