Mortgages

Welcome Finance to withdraw from intermediary market

Cattles to close intermediary operation

Story by: Joe McGrath, FTAdviser

Welcome Finance, the second charge mortgage lending arm of Cattles, is to withdraw completely from the intermediary market at the end of January, Money Management understands.

  • Time published: 11.27
  • Date published: 09.01.2009
  • Published in: Mortgages

Lloyds and C&G to cut fixed and tracker rates

Lloyds TSB and Cheltenham & Gloucester (C&G) have announced they will cut their new mortgage rates next week following yesterday's Bank of England base rate reduction.

  • Date published: 09.01.2009

Advisers report surge in mortgage enquiries

Advisers across the UK are reporting renewed enthusiasm in the mortgage market, as the New Year gets underway.

  • Date published: 09.01.2009

Advisers offered free guide to equity release

Age Concern's guide to equity release is being provided to advisers free of charge as part of a partnership with Hodge Lifetime.

  • Date published: 09.01.2009

Newcastle Building Society to make 150 redundancies

Newcastle Building Society is to make up to 150 redundancies due to the continued market turmoil, but claims no branches will be closed.

  • Date published: 09.01.2009

Halifax latest lender to pass on base rate cut

The Halifax has become the latest lender to announce it will cut the rates on some of its mortgage products following the Bank of England's decision yesterday (8 January) to cut the base rate to 1.5 per cent.

  • Date published: 09.01.2009

Northern Rock CFO steps down

Northern Rock’s chief financial officer (CFO) Ann Godbehere, will step down from its board on 31 January and leave the bank at the end of February 2009, it was confirmed today (9 January).

  • Date published: 09.01.2009

A&L reveals new intermediary exclusives

Alliance & Leicester has launched three exclusive remortgage deals for intermediaries.

  • Date published: 09.01.2009

Leadbay hires Jonathan Barrett to lead sales team

Jonathan Barrett has joined lead generation company Leadbay as its head of sales.

  • Date published: 08.01.2009

Lenders race to pass on rate cut

Abbey, HSBC, Nationwide, Royal Bank of Scotland (RBS) and Lloyds TSB and Cheltenham & Gloucester have been quick to announced that they will be passing on today's reduction in the base rate to customers in full.

  • Date published: 08.01.2009

Interest rate cut met with woe

The Monetary Policy Committee (MPC) decision to cut interest rates by a further 0.5 per cent today (8 January) has been met with concern as industry members remain doubtful that it will positively impact the economy.

  • Date published: 08.01.2009

Feature

Looking beyond the mortgage sector's annus horribilis

Lenders will be glad to say goodbye to 2008, but continued uncertainty remains for the New Year

  • Time published: 00.01
  • Date published: 08.01.2009
  • Published in: Mortgages

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Comment

When lenders behave badly

Something is seriously wrong with the retail financial sector when a mortgage borrower, who has met all the conditions of the loan, including repayments, can still have his home repossessed by the lender without as much as an apology.

  • Time published: 00.01
  • Date published: 08.01.2009
  • Published in: Mortgages

Feature

Left out in the cold

Have first time buyers been forgotten altogether as mortgage rate cuts and government initiatives on repossession policies focus on existing homeowners? Laverne Hadaway investigates

  • Time published: 00.01
  • Date published: 01.01.2009
  • Published in: Mortgages

Feature

Burning down the house

The bursting of the US sub-prime bubble brought about the British housing crisis of 2008 with dramatic consequences on mortgage products, property buyers and the providers of financial services.

  • Time published: 00.01
  • Date published: 18.12.2008
  • Published in: Mortgages

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