Mortgages News

However, many budding first-time buyers will still struggle to get on the property ladder.Yorkshire Bank's latest Housebuyers' report found that confidence in house prices is at an 18-month high. More than half of those surveyed (55 per cent) expect to see rising prices in 2006 – a nine per cent increase on last January. That is also the highest figure since June 2004, when 66 per cent were predic ...

The region was closely followed by the North West which recorded a 42 per cent rise. Nationally, the UK saw an increase in insolvencies of 19.7 per cent in the same period.In total, 295 Yorkshire and Humber companies entered insolvency in the fourth quarter, compared to 203 in the same period of 2004. Regional casualties during the quarter included meat and pastry supplier Canterbury Foods. In 200 ...

BOSTON (MarketWatch) -- When it comes to life insurance, either your family needs the protection or it doesn't. MARKETWATCH PERSONAL FINANCE  IN INVESTING A primer on buying foreign stocks through pink sheets  IN MUTUAL FUNDS Vanguard plans new small-cap fund, shuffles managers  IN LIFE & MONEY This accidental-death policy trips all over itself  IN RETIREM ...

Fri 3rd Feb 2006 From February 6th, the UCB Home Loans self-certification two-year tracker mortgage will see its rate reduced by 0.1 per cent. The changes will affect both flexible and non-flexible products and it is hoped that the new rates will encourage people to apply for self-certification mortgages. Thus the UCB Home Loans self-certification two-year tracker (non-flexible) now has ...

By Katie Allen LONDON (Reuters) - The number of people in England and Wales unable to pay their debts surged to the highest in at least four decades at the end of last year, official data showed, more evidence Britons' have borrowed beyond their means. The number of individual insolvencies jumped 57.1 percent in the fourth quarter compared with a year earlier to a seasonally adjusted 20,461, the Department of Trade and Industry said on Friday. They were up 15.0 percent on the previous quarter. ...

Fri 3rd Feb 2006 The UCB Home Loans one-year flexible fixed-rate mortgage has been introduced to the market and will be available to all customers from February 6th. With a fixed rate of 4.75 per cent for one year, borrowers can have a maximum 85 per cent loan to value. Furthermore, customers of the UCB Home Loans one-year flexible fixed-rate mortgage can overpay by up to £500 a m ...

Fri 3rd Feb 2006 The Halifax fixed-rate mortgage range has seen changes, which are effective immediately. A new Halifax fixed-rate two-year mortgage has been added to the range, whose rate stands at 4.45 per cent and comes with up to 75 per cent loan to value. Furthermore, the ten-year fixed-rate mortgage has seen its rate reduced by 0.2 per cent to 4.99 per cent. Mark Heaton, head of  ...

Fri 3rd Feb 2006 The Victoria Mortgages near-prime mortgage range has been introduced and is available to all customers immediately. Mortgages start with rates from 5.45 per cent for the self-certification fixed-rate products, while variable rates begin at 4.81 per cent, reports Mortgage Introducer. Kevin Hillgren, chief executive at Victoria Mortgages, said: "The new near-prime range i ...

This is Money3 February 2006 A sharp rise in home repossessions has been announced in the wake of concern over soaring personal bankruptcy. WANT TO KNOW MORE? REPORT: Bankruptcy numbers rocket GUIDE: Beating the debt trap SWITCH & SAVE: Slash your waterbills OTHER STORIES The paperclip property ladder Ten steps to your first home New on the market Beware foreign property deals ...

Michael Clarke, This is Money3 February 2006 PERSONAL insolvencies hit a record high during the final quarter of the year as thousands of people choose to go bust rather than face spiralling debts. DEBT FEARS: A growing number of Britons are struggling to make ends meet WANT TO KNOW MORE? GUIDES: Beat debt DEAL FINDER: Cut your credit card costs CHAT: 'My friend's suicidal over debts' READER SERVICE: Get your credit report POLL: What will happen to the economy in 2006? OTH ...