A uk mortgages
Moneysupermarket.com (MONY.L: Quote , Profile , Research ) has revealed that it is to pay half its after-tax profits in dividends, but warned the credit drought among bank lenders has hit its loans and mortgage channels. The price comparison website ...
Read more
PRESS DIGEST - British business - August 28 - Reuters 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 ...
Read more
UK homebuilder Taylor Wimpey posts $2.6B loss - Washington Post
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 ...
Read more
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 ...
Read more
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 ...
Read more
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 ...
Read more
Taxpayers may foot Northern Rock bill for defaults - Times Online
The housing market has seen annual price falls of more than 8%, a squeeze on the number of mortgages, especially for first-time buyers, and a slowdown in the number of homes being built. Faced with these problems, Mr Cable told the BBC that there ...
Read more
Call for housing market 'rescue' - BBC News
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 ...
Read more
Buy-to-let lending falls as repossessions rise - Guardian Unlimited
The crisis facing Britain's housing market was highlighted yesterday by figures showing that mortgage approvals have plummeted 65% in the past 12 months while buy-to-let lending has also declined sharply this year. Only 22,448 mortgages were approved ...
Read more
Home loans: Mortgage approvals plunge by 65% - 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 ...
Read more