Mortgages News

With property proving to be such a sound investment, it is no surprise that so many aspire to own a home of their own. Yet such aspirants need to plan their finances carefully and take time to select their mortgage provider.First-time buyers on average need to save a staggering £28,860 for a deposit, according to the recent survey by the Royal Institution of Chartered Surveyors. Yet in 1996, a cou ...

The company said property firms using the site had risen 53 per cent to 14,680. The average price per advertiser per month had climbed 22 per cent to £181. It added that it saw potential for further price increases."Over the last three years we have increased our fees between 25 and 30 per cent and our retention rate has never varied," said managing director Ed Williams.Rightmove is jointly owned  ...

Fri 1st Sep 2006 The rising interest rate does not have to deter anyone from purchasing a home, experts have claimed. To ensure that people do not steer clear of the property market should interest rates continue to rise, Alliance & Leicester is introducing four new mortgage options to suit anyone in the real estate market, on any budget and with any interest rate. Director of mortgag ...

By Jennifer Hill, Personal Finance Correspondent LONDON (Reuters) - Thousands of students up and down the country are preparing for the start of the new academic year. But, although Freshers' Week will give way to much revelry, the life of a student is not all fun and games. There are lectures, coursework and exams to contend with -- and then there are the financial implications. But a little fo ...

Simon Lambert, This is Money1 September 2006 IF you're looking to sell, get first impressions sorted, spruce up your interior and don't waste opportunities – that's the verdict from a top television property guru. TOP TIPS: This is Money caught up with TV guru Andrew Winter WANT TO KNOW MORE? VIDEO: This is Money catches up with Andrew Winter BLOG: Tell us what video you want INTERVIEW: The Undercover Economist OTHER STORIES The history of your house ...

WASHINGTON (AFX) - Construction spending plunged by the largest amount in nearly five years, reflecting spreading weakness in the housing industry. The Commerce Department reported Friday that construction activity dropped to a seasonally adjusted annual rate of $1.20 trillion in July, down 1.2 percent from the June level. It was the biggest one-month decline since a 1.3 percent fall in Augus ...

1 September 2006 THE Daily Mail City team explains in 30 seconds the mysteries of mortgage securitisation and what it means to borrowers. OTHER STORIES NatWest scraps card cheques Green takes Top Shop to US Market report: Friday 09:10 Women win £1m Bond prizes Agius is new Barclays chairman THE EDITOR'S PICKS Interest rates: The next move Bank fees: Reclaim charges n ...

By Jonathan Cable LONDON (Reuters) - Rightmove, which runs Britain's busiest property website, said on Friday first-half operating profit had more than doubled as advertisers flocked to its site and that its outlook remained positive. Rightmove (RMV.L: Quote, Profile, Research) said the number of property firms using its site had risen 53 percent to 14,680 with the average price paid per advertiser per month up 22 percent to 181 pounds and that it saw potential for further increases. "Over t ...

The latest Nationwide Building Society survey suggests that the value of your house won't have been severely affected by last month's unexpected interest rate rise. The rate of house price inflation picked up for the third consecutive month in August, according to the Nationwide. Nationwide said property prices rose by 0.8 per cent in August – the same rate as in July. This compares with a rise of ...

Geoff Foster, Daily Mail1 September 2006 THE Footsie's trapdoor is slowly creaking open and British investment management group Schroders is in grave danger of falling through it. OTHER STORIES BAA rejects break-up call Market report: Friday preview £2bn profit despite Guinness fall M&B hands back £519m Iran fears could make oil top $100 THE EDITOR'S PICKS Inter ...