Tag Archives: lloyds tsb

Getting a Mortgage after the Age of 40

Getting a mortgage is not an easy process. It involves getting all the documents together to apply for the mortgage, securing your loan and closing the deal. For young, first-time buyers that have full-time jobs and steady income, it is … Continue reading

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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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British Bank Rescue

From Australia: Hank Paulson’s a wimp. Alistair Darling, Britain’s Chancellor of the Exchequer, has shown him what a real bailout looks like, throwing £500 billion worth of support, including up to £50 billion of taxpayer-sourced equity, at the UK banking … Continue reading

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Is Your Bank Safe?

From the BBC: This is what the UK (and US) government and financial authorities have been worried about – that banks exposed to too many defaulting mortgages might collapse. Unlike in the US, where small banks frequently go bust, there … Continue reading

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Who’s Britain’s Mortgage King?

From MoneyMarketing:   Tuesday saw Abbey kick off the results season with news that it had grabbed a massive 25.6 per cent share of the net lending mortgage market. Lloyds TSB took a 24.4 per cent share of new mortgages … Continue reading

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The UK Turnaround

From the Daily Telegraph: In the US, there was already a large, liquid market in asset-backed securities – debt securities backed by pools of assets, most commonly mortgages, credit card debt and car loans. Attempts were being made to replicate … Continue reading

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Catching A Flight Via Your Mortgage

From the Independent of London: A much easier way to pick up free flights and air miles is to sign up to one or more of the many credit cards that reward customers with flight-related kickbacks. Lloyds TSB’s Airmiles Duo … Continue reading

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