Mortgages News

Richard Dyson, Mail on Sunday22 July 2007 Angela Stubbs has something to celebrate at last. After a long campaign, a substantial sum was paid into her bank account by insurance giant Legal & General last Thursday. It was the payment towards a claim that Angela, 36, made more than three years ago after she suffered a heart attack on Christmas Eve, 2003. Victory at last: Angela Stubbs has settled with Legal & Gerneral WANT TO KNOW MORE? REPORT: Insurers must be fair ...

This is Money22 July 2007, 9:31am The Governor of the Bank of England has admitted he is 'surprised' that rising house prices are not included in the official inflation figures, according the BBC. MERVYN KING: The Bank of England governor is 'surprised' that house prices are not reflected in inflation figures. WANT TO KNOW MORE? MORE: Growth spurt brings rates gloom INTEREST RATES: News, analysis, advice EXPERT VIEWS: Where next for rates? OTHER STORIES Bewar ...

Simon Lambert, This is Money20 July 2007 Vote | Calculate | Blog Rampant house price inflation has expanded the North South divide with average properties in London breaking the £300,000 barrier – double the cost of a home in the North. A NATION DIVIDED: The cost of a home in London is more than double that in the north of Britain WANT TO KNOW MORE? Homes 'will rise just 1% by December' Will your property pass the buy-to-let test? Do fixed or tracker rates add  ...

Simon English, Evening Standard20 July 2007, 8:54am Completion of the £11bn takeover of Alliance Boots could be delayed while bankers scratch around to secure financing. WANT TO KNOW MORE? £50bn losses from subprime meltdown Private equity: News, analysis and comment OTHER STORIES Co-op to axe 1,000 finance jobs Market report: Friday preview Yesterday's trading: Too  ...

Sam Fleming, Daily Mail20 July 2007, 8:16am America's sub-prime mortgage meltdown could spawn losses of up to £50bn, the country's top banker warned. OTHER STORIES Co-op to axe 1,000 finance jobs Market report: Friday preview Yesterday's trading: Too much froth at pubs group Ashley sizing up a bid for Foot Locker New blow to royal row TV company FTSE LATEST 6672.303 ...

Michael Clarke, This is Money20 July 2007 Today marks the day when most Brits go overdrawn and have to rely on their bank to fund the rest of the month's expenses. OTHER STORIES The hidden dangers of Facebook The £500m hidden holiday cost New on the market Borrowers 'burying heads in the sand' 30-year credit card debt warning CREDIT CARD FINDER Credit card companies ...

Simon Lambert, This is Money19 July 2007 Reader comments (1) Halifax has raised its prediction for house price inflation in 2007 from 4% to 6% - indicating that it expects the cost of a home to rise by just 1% between now and December. SUDDEN DOWNTURN: Halifax says 2007's robust house price inflation is about to tail off WANT TO KNOW MORE? The forecasts: Will your home sell in 2007? Official: House price growth slowing Will your property pass the buy-to-let test? OTHER ...

Federal Reserve chairman Ben Bernanke has warned that the crisis in the US sub-prime lending market could cost up to $100bn. In a second day of testimony to Congress, Mr Bernanke said credit losses associated with sub-prime mortgage failures were "significant". Wall Street is nervous about the exposure of banks and other lenders to the riskier sub-prime market. Earlier this month Bear Stearns bailed out two sub-prime focused hedge funds. It has since said one of them has "very little value"  ...

Mira Bar-Hillel, Evening Standard19 July 2007 War has been declared on the 'menace' of estate agents' boards. WANT TO KNOW MORE? Estate agents fined for flyboarding Estate agents attack Tesco home sales Foxtons sold for £390m OTHER STORIES Mortgage rip-off fees warning Can I reclaim mortgage switch fee? Has your mortgage rate risen? Mortgage fees soar 600% in two years D ...

LONDON (Thomson Financial) - Key items expected in the two weeks to Thursday Aug 2 (approx GMT times) FRIDAY JULY 20 ASIA Japan June convenience store sales Hong Kong June CPI Satyam Computer Services Q1 results Cipla Q1 results Ambuja Cements Q2 results AUSTRIA May producer prices BENELUX Mobistar H1 results (0530 GMT). Analysts meeting (1200 GMT). Net profit forecast 144.8-146.3 mln ...