Tag Archives: chase de vere

British Banks Raise Rates

Here’s the view from London: Northern Rock, the Government-owned lender, has announced that it is pulling all its tracker deals for homeowners and landlords and is expected to increase rates when it relaunches the mortgages later this week. It follows … Continue reading

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Mortgage Options Narrow In Britain

From the BBC: The number of mortgages available to buyers with a 5% deposit is shrinking fast, as lending is cut because of the credit crunch and falling house prices. There are only 60 such deals currently available from lenders, … Continue reading

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Britain’s Buy-To-Let Woes

From the Times of London: BRITAIN’S army of buy-to-let landlords are experiencing a repayment shock more severe than the one faced by other borrowers, as lenders raise rates in response to growing evidence of arrears in the sector. Although the … Continue reading

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