Mortgages News

Press Association26 January 2008, 5:00am Vote The City's financial watchdog was today accused of a 'systematic failure of duty' over crisis-hit mortgage lender Northern Rock. Critical: Treasury select committee chairman John McFall WANT TO KNOW MORE? What next for Northern Rock? News, analysis, predictions POLL: Should Northern Rock be taken into state hands? OTHER STORIES Pay rising at highest rate for 15 years Market report: Friday close S&N becomes lates ...

Simon Lambert, This is Money26 January 2008 Guide | Calculate | Blog The latest changes to capital gains tax will grant those selling a business a 10% tax rate on the first £1m they make when they sell-up. Small investors: Buy-to-let landlords will not be able to benefit from a new Entrepreneur's 10% tax rate but will see bills slashed WANT TO KNOW MORE? Darling forced into £200m CGT climbdown 2m Britons have a second home in UK Beat the second home tax trap Are ...

ST. LOUIS (AP) - The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best -- spend, spend, spend. The stimulus has been debated in Washington for more than a week as the economic outlook worsened, and now Americans are armed with specifics: Individuals will get up to $600, working couples $1,200 an ...

Daniel Bates, Daily Mail25 January 2008 Guide | Calculate | Blog Hiding a needle in a haystack is easy enough. But Robert Fidler kept something much bigger concealed among the piles of straw down on his farm ... a castle. An Englishman's home is...his castle hidden in a haystack if you are Robert Fidler WANT TO KNOW MORE? Blog: Knock 'em down, build 'em up - a new property craze Fight back against developers Demolition threat to £2m house 'Keep the £10m, I'd ra ...

Credit Suisse Group will trim 500 jobs from its investment banking arm, after the global lending crisis slowed demand for some of the services on offer. The Swiss bank said the cuts would be made "primarily" in the unit involved with selling and trading bonds. Earnings in this area have been hit, as the market for trading debt secured by sub-prime US home loans has dried up. About 25,000 jobs have been cut in financial firms worldwide as a result, according to the Bloomberg news agency. A Cr ...

Becky Barrow, Daily Mail25 January 2008 More than two million people own a second home in Britain, official figures revealed for the first time yesterday. Bricks and mortar: The number of second homes is building up WANT TO KNOW MORE? Tips: Second home and buy-to-let tax gift More: Overseas property hotspots for 2008 OTHER STORIES Student loan may stop you buying a home New home loans fall to record low Are 5% mortgages making a comeback? Is it too late to get i ...

Simon Lambert, This is Money24 January 2008 Guide | Calculate Graduates struggling to get on the property ladder will be hit by student loans going on to their credit reports for the first-time in the same year that interest doubles. Struggle: Graduates hoping to buy their first home could be hit hard by the inclusion of student loan payments on their credit file WANT TO KNOW MORE? Why has the student loan rate increased? Student: Are credit cards so bad? Students protest  ...

Geoff Foster, Daily Mail25 January 2008, 8:01am Rogue trader Jerome Kerviel was yesterday blamed for wreaking havoc in world stock markets. WANT TO KNOW MORE? London shares soar after Wall St whiplash Face of 'world's biggest bank fraudster' Share tips: Financial Mail Midas Extra OTHER STORIES Market report: Friday latest Market report: Thursday close Yesterday trading: Uncle B ...

HONG KONG (Thomson Financial) - Hong Kong shares finished Friday morning session sharply higher as investors sought bargains after yesterday's closing fall and Wall Street's extended gains overnight. Wall Street rose after the US Congress and the Bush administration agreed on a plan to extend tax rebates to 117 million families and for some incentives for businesses. A Labor Department report sho ...

HONG KONG (Thomson Financial) - Hong Kong shares finished Friday morning session sharply higher as investors sought bargains after yesterday's closing fall and Wall Street's extended gains overnight. Wall Street rose after the US Congress and the Bush administration agreed on a plan to extend tax rebates to 117 million families and for some incentives for businesses. A Labor Department report sho ...