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UK Mortgage Affordability News is an EIN News Service for real estate professionals. Constantly updated news and information about UK Real Estate.
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Latest UK Mortgage Affordability News

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  • Existing-Home Sales Record Another Big Gain, Inventories Continue to Shrink 23 Nov 2009 15:46 GMT
    ... interest rates also are boosting the market. "Mortgage interest rates last month were the third ... prices also are contributing to extremely favorable affordability conditions. "With the abnormal drop in home ... members involved in all aspects of the residential and commercial real estate industries. NOTE: NAR ...

  • Dad in despair over home sale threat 23 Nov 2009 09:32 GMT
    ... three years left to pay on his mortgage could lose his home over child maintenance ... has secured a court order for his house to be sold. Mr Lee, who was ... paid £2,000. But he says he cannot afford to pay the rest, and that by rights he ...

  • Mercantile Bancorp Announces Third Quarter Earnings and Strategic Developments 23 Nov 2009 15:55 GMT
    ... commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and ... together with its subsidiaries, claims the protection afforded by the safe harbor in the Act. Forward-looking ... December 31, 2009 2008 ------------- ------------- (In Thousands) (Unaudited) ASSETS Cash and cash equivalents $ ...

  • Mercantile Bancorp Announces Anticipated Filing of Quarterly Report on Form 10-Q 23 Nov 2009 22:57 GMT
    ... commercial and consumer banking business, engages in mortgage banking, trust services and asset management, and ... together with its subsidiaries, claims the protection afforded by the safe harbor in the Act. ... a regional and national level; fluctuations in real estate values; the level and volatility of the ...

  • Two thirds of would-be first-time buyers fear they will never raise a deposit 23 Nov 2009 10:06 GMT
    ... home a salary almost double that to afford a deposit on a house - an ambition that could take her ... them to be accepted onto the best mortgage deals.” First-time buyers now had to deposit ...

  • Monday's Letters: A just and winnable mission in Afghanistan 23 Nov 2009 10:10 GMT
    ... tragic, Afghanistan is a war we can't afford not to win not only for ourselves, but also ... of dealing with poverty by resurrecting the workhouse for society's less fortunate and vulnerable. In ... just squandered our money on their "flipped" mortgages, duck ponds and bath plugs, but squandered ...

  • Economic Outlook: Rising debt 23 Nov 2009 14:03 GMT
    ... it is a wonder the government can afford a health economy at all. The U.S. debt has ... the federal budgets for education, energy and homeland security. Caught between a rock and a ... globe, invested more than $1 trillion in mortgage-backed securities and Treasuries while cutting bank-to-bank lending ...

  • Employer-Assisted Housing Forum Helps Bring Homeownership Within Reach 19 Nov 2009 21:20 GMT
    ... - While reduced home prices and lower mortgage rates have helped increase affordability, homeownership is still out of reach for ... members involved in all aspects of the residential and commercial real estate industries. . News ...

  • Homeward Trust Edmonton: Edmonton Marks National Housing Day With Fourth Annual Breakfast 20 Nov 2009 12:37 GMT
    ... Homeward Trust Edmonton: Edmonton Marks National Housing Day With Fourth Annual Breakfast EDMONTON, ALBERTA--(Marketwire ... Ltd. will speak on the topic of affordable housing and a sustainable community. Randy is also ... draw attention to this important issue. Canadian Mortgage and Housing Corporation Kelly Wagar Corporate Representative ...

  • Governments of Canada and Ontario Celebrate New Affordable Housing in St. Thomas 20 Nov 2009 19:17 GMT
    ... celebrated the start of construction of 12 affordable rental units in two housing developments. The developments are supported by over ... Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Steve Peters, ...

  • A happy Thanksgiving: Couple thrilled to celebrate holiday in new Habitat home 20 Nov 2009 05:43 GMT
    ... several weekends in a row, the frame house atop a hill on Plum Street would ... build the homes purchased via interest-free, 25-year mortgages, said the local agency is striving to ... provide decent housing for individuals who couldn't afford to buy a home through conventional means. The participating ...

  • Media advisory - New Affordable Housing in London 20 Nov 2009 00:37 GMT
    ... governments will celebrate new funding for an affordable housing project in London. Media are invited to ... Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation; the Honourable Chris Bentley, ...

  • No quick fix for this property problem 18 Nov 2009 09:06 GMT
    ... When commercial property prices crashed in the mid-1970s, in circumstances ... trillions of pounds and dollars of commercial mortgage-backed securities which will shortly have to be ... into negative equity. But the banks can't afford to recognise the losses, and are moving ...

  • Governments of Canada and Ontario Celebrate New Affordable Housing in London 20 Nov 2009 15:17 GMT
    ... Funding of $4.7 million for 52 new affordable housing rental units for seniors living on low ... Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable ...

  • Cheap deal to help young workers get on property ladder 19 Nov 2009 10:04 GMT
    ... aside for a deposit to buy a house because rents are so high. Tenants who ... to be earning at least £65,000 to afford to live privately in Westminster, and that's wrong. People ... Experts say the housing market is suffering “mortgage apartheid”, with only those with big salaries, ...


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