First time buyers speed up saving for their deposits
Almost two fifths of prospective first time buyers are increasing the rate at which they save towards a deposit in 2009, according to new research from Abbey Savings.
Read more »
Abbey defends mortgage letter to customers
The Abbey bank, has explained its reasoning behind a letter sent to its flexible mortgage customers warning of the impact of lower house prices on their contracts.
Read more »
Bradford & Bingley is nationalised
The Government has confirmed that Bradford & Bingley (B&B) is to become the second UK bank to be nationalised, with it’s savings portfolio being sold on to the Santander group.
Read more »
Homeowners could rake it in
Homeowners wishing to make their property work for them in the credit crunch could rake in a whopping £63.4 billion extra each year by renting spare bedrooms out to lodgers, according to research by Abbey Mortgages.
Read more »
Santander, the owner of Abbey has succeeded in a takeover approach for Alliance & Leicester valuing the bank at £1.26bn.
More than two million homeowners are planning to move home to take advantage of the falling property market, according to new research from Abbey Mortgages.
Demand for five year fixed rate mortgages has increased for the third successive month, according to the latest research from the Abbey Mortgage Index.
The last 100% mortgage on the market has been withdrawn by Abbey following other lenders who have tightened up on their lending criteria.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
