A mortgages+uk

A mortgages uk

LONDON Taylor Wimpey PLC, Britain's largest homebuilder by volume, reported a $2.6 billion loss for the first half of the year on Wednesday, reflecting a nearly $2.8 billion write-down in the value of its assets. The company lost 1.42 billion pounds ...

UK homebuilder Taylor Wimpey posts $2.6B loss - Miami Herald

New evidence that Northern Rock owns a poorer quality mortgage book than its peers has emerged just days after previously unseen documents revealed the Government was warned that the taxpayer could lose up to £1.28bn by nationalising the stricken ...

New fears over quality of Northern Rock mortgages - Daily Telegraph

The number of mortgages approved by lenders has fallen by two-thirds over the last year, figures released by a leading banking organisation show. Value of mortgages has hit a 10-year low This July, 22,448 new loans for people buying a home were ...

Mortgages fall by two thirds in the last year - Daily Telegraph

LONDON (Reuters) - Bovis Homes' (BVS.L: Quote , Profile , Research ) Chief Executive David Ritchie has called on the government to support the housing market by examining ways to unlock mortgage liquidity. The government is considering various ...

Bovis calls for government help on mortgages - Reuters UK

Fears that taxpayers may end up footing an even bigger bill for Northern Rock intensified yesterday after it emerged that the nationalised bank was suffering dramatically high default rates. Northern Rock borrowers falling more than 90 days behind on ...

Taxpayers may foot Northern Rock bill for defaults - Times Online

LONDON, Aug 27 (Reuters) - British price comparison web site Moneysupermarket.com reported a 14 percent rise in adjusted first half EBITDA on Wednesday, but said growth would slow as competition intensified and its largest loans provider left the ...

Moneysupermarket H1 earnings up, growth to slow - Guardian Unlimited

The golden era for property investors appears to be over as industry figures show buy-to-let lending fell in the first six months of the year. Investors have been defeated by tighter lending criteria in the same way as the mainstream market, with 31 ...

Buy-to-let lending falls as repossessions rise - Guardian Unlimited

Investors in Taylor Wimpey , the housebuilder, glimpsed a rare ray of sunshine yesterday as hopes that the company had secured some breathing space from its banks lifted its shares more than 14 per cent. Traders turned bullish after a report that ...

Hopes of debt deal give Taylor Wimpey a boost - Times Online

Deposits for the best mortgage deals have soared by 43 per cent since the start of the credit crunch a year ago, figures show. A typical homebuyer in England and Wales now needs to stump up £37,119 as a deposit to qualify for the most competitive ...

Borrowers need £37,000 deposit for best mortgages - Times Online

LONDON, Aug 26 (Reuters) - The number of new buy-to-let mortgages in Britain fell 15 percent on a year ago in the first six months of 2008, a survey showed on Tuesday, as the lending squeeze continues to depress the housing market. The Council of ...