Mortgages News

But even though attractive headline rates have been offered on a number of products, bargain hunters have been warned they would be better off giving most banks' "sale items" a miss this January.Consumer campaigner Martin Lewis said the new year sale by UK banks was a "great scam" in which customers were being tricked into believing they were getting a bargain.The concept of a financial services s ...

ter are to be expected but a financial makeover could be just the right tonic for 2007.Start with your savings. The Treasury has revealed that if current Labour policies are pursued the tax burden will continue to rise. As a proportion of national income, it will grow from 38.4 per cent to 40.5 per cent by 2026.Therefore secure not only the best terms but use the most tax-efficient schemes availab ...

Financial services firm Defaqto's annual survey of the top lenders found that for standard variable rate mortgages or their equivalent, HSBC was the cheapest followed by Intelligent Finance.But research revealed the next three lenders in the list were Skipton, Nationwide and Britannia building societies. It was based on the amount of gross interest payable on a £50,000 interest-only mortgage provi ...

(Correcting to amend name of CMC analyst to David Jones) LONDON (AFX) - The dollar remained rangebound as investors remained wary of staking out positions ahead of key US jobs data this afternoon. Economists said the risks for the dollar are to the downside, particularly after the ADP payrolls firm forecast a 40,000 drop, against most expectations for a rise. The market's consensus has fallen to ...

LONDON (AFX) - The UK property market has not yet started its anticipated slowdown, despite data published today showing a monthly fall in house prices in December, analysts said. In its monthly survey of the property market, the HBOS unit Halifax said house prices fell 1.0 pct in December from the previous month for a 9.9 pct annual rise. This was below expectations of rises of 1.0 pct and 10.2  ...

LONDON (AFX) - The dollar remained rangebound as investors remained wary of staking out positions ahead of key US jobs data this afternoon. Economists said the risks for the dollar are to the downside, particularly after the ADP payrolls firm forecast a 40,000 drop, against most expectations for a rise. The market's consensus has fallen to around 80,000 following ADP's release, from the previous  ...

Fri 5th Jan 2007 Forming part of HSBC's Green Sale, a "market-leading" five-year fixed-rate mortgage has been launched by the bank. The HSBC Green Sale five-year fixed-rate mortgage comes with an interest rate of 5.17 per cent, reverting to 6.25 per cent variable and requires no booking or exit fees. There is an opportunity for customers to make overpayments on the product of up to 20 p ...

HONG KONG (XFN-ASIA) - Share prices closed higher in volatile trade as a strong rebound in property stocks helped the market reverse early losses driven by extended profit-taking, dealers said. They said the property sector attracted renewed interest on hopes of strong housing sales this year due to launch of new projects and expectations of stable interest rates. The Hang Seng Index closed up 1 ...

MORTGAGE approvals in November were at their highest level since the end of 2003 - an indication that interest rate hikes have had no immediate cooling effect, economists today suggested. Statistics from the Bank of England showed that approvals for home loans in the month rose to 129,000, up from 128,000 in the previous month. The number of people remortgaging their home also increased, from 101 ...

The York-based firm, which is the UK's third biggest estate agent, floated with a market capitalisation of £211m.LSL is the third largest estate agent in the UK by number of branches operated under its brands, Your Move and Reeds Rains.LSL, which is set to announce its preliminary results on March 7, also operates a surveying business, operating under the E.surv and Chancellors Associates brands.I ...