Archive for February, 2008

Parents ‘help children with property purchases’

Friday, February 29th, 2008 Posted in News | Comments Off

Cash-strapped first-time buyers are calling on their parents to help them afford the costs of purchasing a home, new figures have revealed.In fact, one in seven first-time buyers have been ... Read more..

Interest rates tipped to hold

Friday, February 29th, 2008 Posted in News | Comments Off

It is likely that the next interest rate decision by the Bank of England will see the base rate being held at 5.25 per cent, according to the latest poll ... Read more..

Loans for weddings increase

Friday, February 29th, 2008 Posted in News | Comments Off

Loved-up couples have to take out loans to pay for their big day, new figures have revealed.According to Sainsbury's Bank, collectively the amount of money loaned by nearly-weds in the ... Read more..

‘Flat’ housing market predicted

Thursday, February 28th, 2008 Posted in News | Comments Off

The property market in the UK is expected to remain flat over the coming year by one housing boss.Mark Clare, chief executive of Barratt Developments, told the Daily Mail that ... Read more..

House prices of ‘new London homes soar’

Thursday, February 28th, 2008 Posted in News | Comments Off

Mortgage holders looking to buy property in London may want to steer clear of purchasing new homes in the capital following the release of new figures today.While the cost of ... Read more..

Interest rates ‘could drop to 4%’

Thursday, February 28th, 2008 Posted in News | Comments Off

The Bank of England's monetary policy committee (MPC) could push interest rates to as low as four per cent, one expert has predicted.In a tip off that could mean mortgages ... Read more..

Couples can get a ‘bigger mortgage’

Wednesday, February 27th, 2008 Posted in News | Comments Off

First-time buyers who are single will find it harder to get a mortgage, one expert has warned.According to David Kuo, head of personal finance at Fool.co.uk, couples have the benefit ... Read more..

Another rate cut ‘is possible’

Wednesday, February 27th, 2008 Posted in News | Comments Off

Another cut to the interest rate could be made by the Bank of England's monetary policy committee (MPC) in the coming months, one insider has suggested.Bank of England deputy governor ... Read more..

‘Bank of mum and dad’ hands out loans

Wednesday, February 27th, 2008 Posted in News | Comments Off

Adult children are turning to their parents to provide them with the necessary financial backing they need in today's debt-laden society, new figures suggest.According to Scottish Widows, 42 per cent ... Read more..

Increase in buy-to-let lending recorded

Tuesday, February 26th, 2008 Posted in News | Comments Off

An increase in the number of buy-to-let mortgage deals during the later part of last year has been recorded.Figures released by the Council of Mortgage Lenders (CML) have shown that ... Read more..

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