Mortgages News

Rarely a day goes by without an ethical or environmental news item emerging. From wind and tidal power versus nuclear energy to armaments manufacturing and animal testing, any such development relies on the financial world.In turn, this means the personal investor has a choice. Britons are investing ethically now at record levels. At the end of last year, ethical funds exceeded £6bn for the first  ...

Gross mortgage lending reached £30.4bn in July – the second highest figure on record and the strongest July figure ever – according to the Council of Mortgage Lenders (CML).Although lending in July was 6 per cent lower than in June, it was 19 per cent higher than the £25.5bn of lending in the same month last year.Separate figures from the British Bankers' Association (BBA) supported this data and  ...

Simon Lambert, This is Money19 August 2006 THE growing number of homeowners hoping future price rises will cover mortgage debts have been warned they are gambling with their future. UNDER PRESSURE: Buyers struggling to afford a property are seeking out interest-only loans WANT TO KNOW MORE? REPORT: Gambling on interest-only lotto TIPS: Five ways to beat the rate rise DEAL FINDER: Search for a better mortgage OTHER STORIES On location with property guru Our fields of ...

Cheryl Markosky, Daily Mail19 August 2006 PHIL Spencer had no luck with Claudia Schiffer. But he has managed to keep plenty of other house-hunting celebrities happy - along with the 4m-plus viewers who have been glued to the past eight series of his TV show, Location, Location, Location. PROPERTY GURU: TV star Phil Spencer says walking the streets of where you want to buy is a top tip WANT TO KNOW MORE? REPORT: Our fields of dreams TIPS: Five ways to beat the rate rise DEA ...

WASHINGTON (AFX) - Banks' U.S. business lending has risen to record levels in recent months, spurred by lenders offering easier terms to help compensate for slower home mortgage activity, economists say. Outstanding commercial and industrial loans grew by a record $21 billion in the week ended Aug. 2, reaching a record $1.157 trillion, according to the latest data from the Federal Reserve. The to ...

By Michael Taylor LONDON (Reuters) - The FTSE 100 index closed higher on Friday, supported by gains in defence group BAE Systems after it won a record export order, while Imperial Tobacco got a boost from a U.S. court ruling. BAE jumped 2.4 percent after Saudi Arabia said late on Thursday it would take up to 72 jets from the multinational Eurofighter consortium, which also includes Airbus parent firm EADS and Alenia Aeronautica, part of Italy's Finmeccanica. BP and Royal Dutch Shell rose and  ...

Fri 18th Aug 2006 Alliance & Leicester Mortgages announced today that it is launching its Fast Track Guarantee for its prime residential mortgage range. This new system will allow mortgage brokers to speed up the mortgage process by bypassing the need for additional paper income verification. The Fast Track Guarantee is available to prime residential next time buyers and remortgage cust ...

(Repeating for technical reasons) LONDON (AFX) - UK blue chips pared gains but remained higher midday ahead of an expected lower start on Wall Street after a recovery in crude prices, which in turn fuelled UK oil majors while BAE Systems enjoyed news of a Saudi deal, dealers said. At 11.56 am, the FTSE 100 index was 22.3 points firmer at 5,922.7, but off midmorning highs of 5,928.3, while all th ...

Simon Lambert, This is Money18 August 2006 SUMMER homebuyers continue to set new borrowing records, taking out £30.4bn worth of mortgages in July – almost a fifth more than a year earlier. HOT PROPERTY: Mortgages hit another monthly record in July WANT TO KNOW MORE? REPORT: Our fields of dreams DEAL FINDER: Search for a mortgage in moments TOOLS: Monthly interest calculator OTHER STORIES Our fields of dreams Millions plan to retire to the sun New on the m ...

Simon Lambert, This is Money18 August 2006 IN the latest trend to hit the property market, it is not houses that are hot property, but farmland - as buyers search for a slice of the Good Life. BULL RUN: Farmland prices are rising as demand from non-farmers outstrips supply WANT TO KNOW MORE? GUIDE: Five steps to an overseas home GUIDE: Ten steps to your first home MONEY SAVER: Find the ideal mortgage OTHER STORIES Millions plan to retire to the sun Homebuying is hot ...