Mortgages News

Jenny Little, Mail on Sunday22 January 2006 HOME owners are used to looking for the best mortgage deals, but business owners are also beginning to drive a hard bargain on borrowing for commercial property. WANT TO KNOW MORE? REPORT: It's a rich woman's world DEAL FINDER: Best mortgage rates DEAL FINDER: Best loan rates OTHER STORIES It's a rich woman's world War on small firms 'tax  ...

Mortgage lending was up 25 per cent last month, compared with December 2004, taking it to record levels. The gross figure of £26.3 billion lent was a reduction on the amount lent in November, but the highest ever figure recorded for December, the Council of Mortgage Lenders (CML) said today. "The commentators who thought lending would fall sharply in 2005 based on the performance of the first h ...

LONDON (MarketWatch) -- Investors lifted shares in pharmaceutical company Shire and media interest Pearson Friday, helping the benchmark index to gain ground. Shireadvanced 7.2%, adding to gains made earlier in the week. The additional gains came as it settled all pending litigation with Impax Laboratories Inc.in connection with Impax's attempt to market generic versions of Shire's Adderal hype ...

Fri 20th Jan 2006 Kensington Mortgages fixed rate mortgages will now be available to borrowers at lower rates.The mortgage lender has announced reductions on the mortgage rates of its near prime and very light adverse mortgage deals.For the near prime range, rates start at 5.3 per cent for the two-year deal and 5.2 per cent for Kensington Mortgages fixed rate mortgages borrowed for three  ...

Fri 20th Jan 2006 The West Bromwich Building Society has launched a ten-year fixed-rate mortgage that will provide long-term security and reliability for customers, according to society. The government and other influential commentators have for some time promoted the benefits of long-term fixed rate mortgages. Now customers will be able to benefit from a West Bromwich ten-year fixed rate ...

LONDON (Reuters) - Underlying mortgage lending showed its strongest rise in 1-1/2 years in December, in a further sign that the housing market firmed at the end of 2005 after a sharp slowdown for much of the year. The British Bankers' Association said on Friday that underlying mortgage lending rose 5.4 billion pounds in December, above the November rise of 5.2 billion pounds and the strongest increase since June 2004. The rise in mortgage lending, in what is usually a quiet month for the prope ...

To get a sense of how unusual this week’s events in Britain’s government bond market are, it is worth taking a look at War Loan. // These irredeemable bonds were issued in 1932 to consolidate a bunch of earlier issues. Because of their low 3½ per cent coupon, the bonds have traded for almost all of their lives below 100. But this week, the price of War Loan rose closer to par than at any time since the mid-1950s; the yield fell as low as 3.73 per cent. This curious incident occurred the sam ...