Mortgages

BoS seeks funding from EIB to help small businesses

Bank of Scotland throws funding lifeline to businesses

Story by: Sharon Flaherty, FTAdviser

The Bank of Scotland is in the midst of finalising negotiations with the European Investment Bank (EIB) to secure £250m in funding to support SME customers during difficult trading conditions.

  • Time published: 09.30
  • Date published: 03.12.2008
  • Published in: Regulation

C&G withdraw tracker products

Cheltenham and Gloucester are temporarily withdrawing all of their tracker products in anticipation of the Bank of England's Base Rate decision tomorrow.

  • Date published: 03.12.2008

Consumer confidence falls depsite govt support

The Nationwide Consumer Confidence Index fell again last month, despite falling fuel and food costs, a substantial reduction in the Bank of England base rate and the Pre-Budget Report.

  • Date published: 03.12.2008

Kensington's Giles takes redundancy

Ian Giles, director of marketing and communications for Kensington, is to leave the company following a programme of restructuring and redundancies at the lender.

  • Date published: 03.12.2008

Interest-only mortage deals decline

Interest-only mortgage deals are in decline as lenders become increasingly cautious, and borrowers look for security in long term fixed-rate products.

  • Date published: 03.12.2008

Northern Rock reveals 6-month repossession policy

Northern Rock has announced it will not take possession of its customers property until they have fallen into six months arrears.

  • Date published: 03.12.2008

House prices falls hit 1.7 per cent in November

The future of the property market and the economy in general "remains bleak", as November has the sharpest annual house price fall yet affecting all UK regions.

  • Date published: 03.12.2008

A&L reduces fixed rate mortgages

Alliance and Leicester (A&L) is to reduce the rates on its fixed rate mortgage products from Thursday (4 December).

  • Date published: 03.12.2008

Lloyds launches support package for small businesses

Lloyds TSB has launched a support package for small businesses, pledging to help customers through the downturn by passing on Base Rate cuts in full for 2008 and 2009.

  • Date published: 03.12.2008

Lending levels to worsen next year

Borrowers could be in for a tough time next year compared to what is currently being experienced, unless the government takes targeted action to help market participants.

  • Date published: 03.12.2008

Competition encourages advisers to get to know their BDM

The Mortgage Works has launched a new campaign to encourage advisers to get to know their business development manager (BDM).

  • Date published: 02.12.2008

Feature

So long, sub-prime

The heady days of summer 2007 seem but a distant memory, but perhaps a more sensible approach to risk will benefit the market in the long run

  • Time published: 00.01
  • Date published: 20.11.2008
  • Published in: Mortgages

Advertising

Feature

Mortgage spotlight - All change at the top

Mortgage lenders are in a state of flux as they look to merge and secure Government help. Laverne Hadaway picks out the emerging product trends

  • Time published: 00.01
  • Date published: 01.12.2008
  • Published in: Mortgages

Feature

Tears for arrears

Even renters are getting into to fin ancial difficulty at the moment but there are ways for lenders to combat it

  • Time published: 00.01
  • Date published: 13.11.2008
  • Published in: Mortgages

Feature

Peering behind the Rock

As the now nationalised Northern Rock turns its back on its old business model for raising funds it must find a way to build a standalone funding position

  • Time published: 00.01
  • Date published: 13.11.2008
  • Published in: Mortgages

Is the time right for equity release?

Norwich Union is celebrating 10 years of offering equity release (Find out more).

Meanwhile, with house prices plummeting, should clients be signing up to equity release quickly to make the most of the equity in their home?

Click here to read our feature article

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