Tag Archives: mortgage management

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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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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Mortgage Mess Down Under

George Lekakis reports another bank has bitten the dust in the mortgage market. THE GLOBAL liquidity crunch has claimed another local scalp with ANZ Bank preparing to place its wholesale mortgage arm in run-off mode. ANZ’s move to save on the cost … Continue reading

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