Tag Archives: abbey

The Three-Year Mortgage Fix

From thisismoney.co.uk: The cost of three-year fixed rate mortgages has plunged – making them an increasingly popular choice for homebuyers. With fees on home loan deals rising – the cheapest are now around £1,000 – homeowners are opting for medium-term … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on The Three-Year Mortgage Fix

Rising Mortgage Rates In UK

From the BBC: Abbey has reversed cuts it made to mortgage rates two weeks ago, one of two lenders lifting borrowing costs. The Abbey is raising rates on new fixed-rate deals by between 0.15% and 0.56% from 29 May. On … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Rising Mortgage Rates In UK

The End of the Mortgage Crisis?

From the Independent of London: Some stability seems to have returned to the mortgage market, with several high-profile lenders even moving to cut rates. Nationwide and Abbey, have both reduced their prices recently, with Nationwide’s 0.3 per cent cut on … Continue reading

Posted in Bad Credit, Bankruptcy, Britain | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on The End of the Mortgage Crisis?

UK Mortgage Delinquencies Rise

LONDON (Reuters) – Delinquencies on prime and non-conforming UK mortgages and on credit cards are rising as lending conditions tighten and the economy weakens, Standard & Poor’s said in reports on bonds backed by these assets. For non-conforming mortgages — … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on UK Mortgage Delinquencies Rise

Things Can Only Get Better For UK Borrowers

From the Times of London: Mortgage experts are hoping that First Direct’s re-entry into the market signals an easing in the mortgage market and better times ahead for borrowers. Now it charges 5.76 per cent, with a £499 booking fee … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off on Things Can Only Get Better For UK Borrowers

UK Mortgage Rates To Rise

From the Times of London: Some of Britain‘s biggest lenders, including Abbey and Nationwide, trimmed rates last week. The inflation report sent rates in the wholesale markets soaring, suggesting rates on offer to homeowners would also head up, at least … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on UK Mortgage Rates To Rise

Rate Cuts Illusory In UK

From the Guardian: Borrowers need a 25% deposit for Abbey’s fixed-rate deal. Two of the UK‘s biggest lenders, Nationwide building society and Abbey, today cut rates on their fixed-rate deals by up to 0.3%. The society’s five-year fixed-rate deal with … Continue reading

Posted in Britain | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on Rate Cuts Illusory In UK