UK Mortgage

London close: Footsie closes flat
ShareCast, UK
UK mortgage lending eased in May from the month before and was 58% lower than the same time last year, figures showed today. The Council of Mortgage Lenders (CML) said gross mortgage lending dipped to £10.3bn last month from £10.5bn in April, …

Darren Cook, Moneyfacts.co. uk
Sky News, UK
Moneyfacts.co. uk research shows that the current average two-year fixed-rate mortgage for house purchases is 4.8%. The average remortgage deal is a little better at 4.71%. Lenders are currently falling over each other to increase the rates of their …
Get your fix before mortgage lenders close ranks Independent
Lenders are accused of profiteering over fixed-rate mortgages Scotsman
UK Fixed Rate Mortgages Interest Rate Increases The Market Oracle
Mortgage Strategy  - Money High Street
all 265 news articles

UK mortgage lending down 58pc in May to £10.3bn
Telegraph.co.uk, United Kingdom
UK gross lending for mortgages fell 58pc year-on-year to £10.3bn in May, the Council of Mortgage Lenders said on Thursday. By Telegraph Staff The figure is 2pc down on the £10.5bn in April. "While recent signs from the housing market have been more …

UK mortgage lending down 58 pct y/y in May - CML
Forbes, NY
LONDON, June 18 (Reuters) - British gross mortgage lending fell 58 percent year-on-year to 10.3 billion pounds in May, the Council of Mortgage Lenders said on Thursday. The figure represented a 2.0 percent fall from the 10.5 billion total in April 2009 …

MPs' expenses: MPs made inflated council tax claims
Telegraph.co.uk, United Kingdom
The Daily Telegraph has already disclosed how several MPs have made "phantom" mortgage claims, while there are questions over payments made by some MPs for staff. Today this newspaper publishes a 68-page supplement containing comprehensive data on the …

UK Households With Jobs See Spending Money Increase
Bloomberg
By Svenja O'Donnell June 19 (Bloomberg) — UK families unaffected by job losses have enjoyed a 25 percent increase in spending money in the past year after mortgage costs and energy bills fell, Ernst & Young said. The disposable income of the average …
A £200 mortgage cut for the average family – but it's being saved … Independent
Householders have more cash to spend on enjoying themselves Sky News
The average household is 25% better off this year Citywire.co.uk
The Press Association  - Telegraph.co.uk
all 20 news articles

UK Unemployment Rises Less Than Economists Forecast
Bloomberg
Lloyds Banking Group Plc, the biggest UK mortgage lender, said last week it plans to cut as many as 1660 full time jobs and shut all 164 of its Cheltenham & Gloucester branches. Axa SA, Europe's second-biggest insurer, said on June 12 it will cut 560 …

Home buyers face paying extra £1000 for delaying mortgage decision
Telegraph.co.uk, United Kingdom
Michelle Slade, or personal finance website Moneyfacts.co. uk , said: "After a period of relative calm in the mortgage market, lenders are stumbling over each other to increase fixed rate mortgages." "The last time we saw such frantic activity was at the …

MPs to investigate mortgage problems
Money Marketing, UK
The Treasury Select Committee has called on the mortgage industry to give evidence for an upcoming enquiry into the problems facing the UK mortgage market. It says it will be addressing the problems of mortgage debt and access to mortgage finance. …

MPs' expenses: the unredacted files
Telegraph.co.uk, United Kingdom
The most notorious claims, including Peter Viggers' duck house and Eliot Morley's phantom mortgage are both hidden on parliament. uk , as are thousands of other details and all of the correspondence between the MPs and the fees office. …
MPs plot to abandon publication of receipts Times Online
Expenses blackout: UK lawmakers' claims censored The Associated Press
UK lawmakers slammed over expenses secrecy CNN International
guardian.co.uk  - Times Online
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UK Retail Sales, Mortgage Lending Decline
Wall Street Journal
The government injected some £37 billion in leading UK banks last autumn amid the financial crisis. The Council of Mortgage Lenders Thursday said gross mortgage lending — which includes both lending for house purchase and remortgage — fell 2% in May …
UK Retail Sales Drop in May, Highlighting Uneven Recovery Bloomberg
Retail sales fall weighs on recovery hopes Independent
Retail sales: what the economists say guardian.co.uk
Times Online
all 254 news articles

MPs committee set to take on mortgage lenders
FinancialAdvice.co.uk, UK
A Treasury Select Committee is looking into the possibility of cross examining the UK's mortgage lenders amid concerns regarding liquidity shortages and increased repossessions continue to mount. It is no secret that the UK mortgage market is still …

UK mortgage approvals rise 16 pct m/m in April-CML
guardian.co.uk, UK
LONDON, June 11 (Reuters) - Mortgage approvals for house purchase in Britain rose 16 percent month-on-month in April to stand 28 percent lower than a year earlier, the Council of Mortgage Lenders said on Thursday. Mortgage loans to first-time buyers …
Sterling soars on renewed confidence Independent
Mortgage Approvals Rise 16% in April E1 News
Mortgage advisors report increase in confidence Mortgage.org.uk
FinancialAdvice.co.uk  - Times Online
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Michael Blackley: Will green shoots get a chance to flower?
Scotsman, United Kingdom
Nationwide has increased its fixed-rate mortgages by up to 0.86 per cent, while Halifax and Cheltenham & Gloucester, both part of the taxpayer-backed Lloyds Banking Group, which controls nearly a third of the UK mortgage market, were today set to add …

MPs to commence mortgage market inquiry
Finance Markets, UK
by Gill Montia The Government has announced an inquiry into the UK mortgage market, focusing on arrears, repossession and access to mortgage finance. The Treasury Select Committee will undertake the study which will look at the impact of the recession …