Mortgages News

Fri 7th Jul 2006 Dee Caffari, the record-setting yachtswoman and her team will receive sponsorship form Kennsington Mortgages, it has been announced. Funding will be given to Ms Caffari by the specialist mortgage provider to help with her sporting activities on dry land and at sea. The 'sub prime' mortgage sector was created by Kennsington with the aim of providing mortgages to people w ...

This is Money7 July 2006 ONE of the most expensive beach huts in the UK was on the market with a price tag of £100,000 today. BIJOU: This beach-hut at Canford Cliffs, poole, will fetch at least £100,000 OTHER STORIES Should you buy in Germany? New rules for easy extensions New on the market Don't rush to cash in your endowment House prices in surprise fall USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat EXPERTS: Need advice? TABLES: Che ...

David Allsop, Daily Mail7 July 2006 ONE thing that England supporters attending the World Cup will have learned (apart from the confirmation that our penalty takers can't hit a cow's bottom with a banjo) is that Germany is an attractive country with a welcoming and hospitable people. WORLD CUP HERO: Germany captain Michael Ballack will move to Chelsea after the tournament but Britons could be heading the other way WANT TO KNOW MORE? REPORT: Our place in the sun GUIDES: Buying  ...

Simon Lambert, This is Money 7 July 2006 RENEWED confidence in the housing market value has led homeowners to release more cash from their properties. HOME BANKER: Homeowners continued to draw cash against the value of their properties, with £12.5bn borrowed from January to March WANT TO KNOW MORE? REPORT: House prices in surprise fall DEAL FINDER: Search for the best mortgage deals GUIDES: Mortgage advice OTHER STORIES New rules for easy extensions Don't rush to c ...

BOSTON (Dow Jones) -- BB&T Capital Markets reduced price targets and some ratings for home-builder stocks, saying it expects order trends to remain soft through next year as the housing market continues weak. "The U.S. housing market continues to slow and hasn't yet shown definitive signs of stabilizing -- which, if you'd asked us a few months ago, we'd have said we expected by now," analys ...

WASHINGTON -(Dow Jones)- A gauge of future home sales turned upward, indicating the market is stabilizing, an industry group said Thursday. The National Association of Realtors' index for pending sales of existing homes increased at a seasonally adjusted annual rate of 1.3% to 113.4 in May from April's 111.9. The index was 10.1% below the level of May 2005. "The slight change in pending h ...

Thu 6th Jul 2006 The announcement that interest rates are to be maintained has come as no surprise to Mehrdad Yousefi, head of Alliance & Leicester Intermediary Mortgages. Interest rates remain at 4.5 per cent, the Bank of England has announced meaning that rates have now been unaltered for 11 months. Mr Yousefi has predicted that demand for housing will remain robust over the coming mo ...

London shares stayed higher on Monday after the Bank of England said that it would keep interest rates on hold at 4.5% for the eleventh month in a row, as expected. London's FTSE 100 indextraded up 0.8% at 5,876. Other European shares also advanced after the European Central Bank left rates on hold as well. The British interest rate decision reflected the view that an expanding U.K. economy  ...

FTSE 100 index gains ground as oil companies also support Northern Rock rose in London on Thursday after Merrill Lynch suggested investors should buy the shares ahead of its results and shift out of peer Alliance & Leicester. "We are enthusiastic supporters of Northern Rock, believing that its shares have 21% upside from here," said analysts at the bank. Northern Rockshares gained  ...

This is Money6 July 2006 THE Bank of England kept interest rates on hold today at 4.5%. The Bank's monetary policy committee, down to just seven members following the death of David Walton last month and the departure of Richard Lambert to head the CBI, left the cost of borrowing unchanged for the 11th consecutive month. WANT TO KNOW MORE? DEAL FINDER: Best mortgage rates DEAL FINDER: B ...