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UK Mortgage Market 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 Market News

  • H&R Block Reports Continued Improvement in Financial Results for Fiscal 2010 Second Quarter 8 Dec 2009 11:39 GMT
    ... origination and servicing business; uncertainties in the residential mortgage market and its impact on loan loss provisions; ... BLOCK KEY OPERATING RESULTS Unaudited, amounts in thousands, except per share data Three months ended ...

  • Nelson Bay feels most mortgage pain 8 Dec 2009 11:07 GMT
    ... of people threatened with eviction because their home loans are falling through. Barbara Miller reports: ... that they would have more pressure and housing affordability would reverse. BARBARA MILLER: And consumer affairs ... currently trying to get out of the mortgage market. They're from our perspective sort of keen ...

  • A man with plenty to Shout about 7 Dec 2009 10:19 GMT
    ... wasn't interested. "So in my garage at home I built a miniature version of a nitrogen ... took an unlikely step into the Hungarian property market. "Someone told me commercial property in ... was responsible for 2% of the UK mortgage market. Currently the site remains relatively dormant compared ...

  • Financial Crisis Timeline 7 Dec 2009 07:11 GMT
    ... operations for $2.1 billion in stock. The House of Representatives rejects the $700 billion rescue ... loans and securities backed by commercial and residential mortgages, and in exchange, the government will ... Reserve pledged to pour money into the mortgage market in an effort to pump life into ...

  • Ancient battle lines invoked in European banking shake-up 7 Dec 2009 02:53 GMT
    ... and bring the operations of their banks home". The Guardian pointed out, while the crisis ... products spun out of the US subprime mortgage market. Spain has had an even bigger housing boom and bust than the UK, while the ...

  • Why Dubai's debacle does matter 6 Dec 2009 12:10 GMT
    ... their relatively small share of the US mortgage market. Yet the subprime fiasco turned out to ... 2008, Dubai property prices doubled. Commercial and residential real estate became expensive even by the ... The population of China is roughly a thousand times greater than the tiny emirate’s. For ...

  • Rethink emerging markets after Dubai 6 Dec 2009 11:56 GMT
    ... planet, the , two pillars of its mortgage market. Although Fannie and Freddie were “government-sponsored entities”, ... that of Abu Dhabi, the real financial powerhouse of the United Arab Emirates. That both ... the entire country basically being geared towards real estate development and not in the context of ...

  • PRESS DIGEST - Financial Times - Dec 5 5 Dec 2009 05:17 GMT
    ... TO INJECT CASH AND KEEP GALA IN HOUSE Permira, which owns a stake in Gala Coral, ... Bellway offered a gloomy assessment of the mortgage market to echo its rival housebuilders, but revealed ... mortgage lending on acceptable terms to potential homebuyers." Its shares dropped 0.6 pence to reach ...

  • HSBC shifts its focus to Asian markets 4 Dec 2009 08:57 GMT
    ... with the purchase of Midland Bank of Britain in 1992, HSBC moved its headquarters to ... America, HSBC bought the subprime mortgage lender Household International for $14.2 billion in 2003, a ... in 2007 to sound the alarm about mortgage market losses after its own piled up. Almost ...

  • Mortgage Lenders Target Short Term Fixed Interest Rate Deals 4 Dec 2009 04:41 GMT
    ... crisis world: indeed, the signs from the mortgage market indicate that credit conditions are easing and ... kept on hold, the total number of residential mortgages available has increased from 1,209 to ... come to remortgage. Increased equity in their homes from rising property prices will increase their ...

  • BPCC announce last event of the year 4 Dec 2009 04:30 GMT
    ... announce last event of the year The British-Portuguese Chamber of Commerces last networking event of ... you know are thinking of buying a property or changing your existing mortgage, we recommend ... out whats currently on offer in the mortgage market. Money Mais will contact their lenders ...

  • Increased Number Of Two Year Fixed Mortgages 3 Dec 2009 18:37 GMT
    ... likely to benefit from a more stable mortgage market when they come to remortgage. "Increased equity ... come to remortgage. "Increased equity in their homes from rising property prices will increase their chances of being ...

  • Australian Real Estate Making A Strong Comeback 3 Dec 2009 16:56 GMT
    ... prices in Australia continued to rise, with house prices currently averaging just 2.2% below the ... to the HIA, before rebounding in 2010. Residential dwelling approvals, an indicator of future activity, ... 5% slide in June 2009. The Australian mortgage market has grown from around 15% of GDP ...

  • How To Spot An Investment Bubble 3 Dec 2009 16:56 GMT
    ... to those silly enough to invest in real estate there (and the European banks foolish enough ... are no longer with us. Likewise, the subprime-mortgage market of 2005 – if one investigated – ... down again. Britain didn’t even have a house price collapse – everybody’s incomes went up ...

  • Number of mortgage products rise 3 Dec 2009 15:19 GMT
    ... figures have shown. There are currently 1,624 residential mortgages available, up from 1,209 in April ... showed competition was slowly returning to the mortgage market. The biggest change has been seen in ... mortgages for those borrowing 90% of their home's value, compared with 72 in April. Increased ...


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