Mortgage approvals start falling official figures find

The number of new mortgages approved for home buyers, but not yet lent, fell in September for the first time in five months.The Bank of England said approvals for home buyers were 50,967 in September, down 1,380 or 3% from August.

The figures suggest that this year’s modest revival in sales has ended and that mortgage [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

Bank of England united over future quantitative easing

The Bank of England’s Monetary Policy Committee (MPC) was unanimous in voting for another £75 billion of quantitative easing (QE) to support the weak UK economy.Minutes from the MPC’s meeting earlier show members considered injecting between £50 billion and £100 billion.

The committee cited a sharp deterioration in the international outlook as a key factor.

The vote [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

House prices continue to stagnate Land Registry warns

House prices in England and Wales continue to stagnate, according to the latest figures from the Land Registry.Average prices fell by 0.3% in August to £162,347, leaving them 2.6% lower than a year ago.

It was the third fall in the past four months and means the annual rate of house price decline has changed little [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

UK interest rates remain on hold at 0.5%

UK interest rates have been kept at a record low of 0.5% by the Bank of England’s Monetary Policy Committee (MPC).Economists had expected interest rates would remain unchanged due to the subdued economy. GDP figures for the second quarter showed growth of 0.2% with a majority of economists expecting mortgage interest rates to remain unchanged [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

Mortgage approvals still subdued Bank of England finds

Mortgage approvals are still subdued new figures from the Bank of England suggest.Which means that the UK property market is set to remain subdued in the forthcoming months.

New mortgages approved for house purchase, but not yet lent, rose to 45,940 in May from 45,447 in April.

Despite the slight increase, May’s approval figure was lower than [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

UK homeowners add £5.8bn of equity into property in 2011

UK Homeowners added £5.8 billion into their properties in the first quarter of 2011- marking three years in which they have injected equity, according to the Bank of England.The Bank’s economists think that while some people may be trying to cut debt, the shift to equity injections more likely reflects falling house sales.

Households have now [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

Mortgage approvals hit new low Bank of England reports

The number of mortgages approved for house purchases hit a new low in April Bank of England official figures show.At just 45,166, the number of new approvals was the lowest April figure since the Bank’s records began in 1992.

Analysts said the data may have been affected by the number of public holidays in April.

However, the [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

UK interest rates kept on hold at 0.5 pc

UK interest rates have been kept at the record low of 0.5% again by the Bank of England’s Monetary Policy Committee.
Data this week pointed to a slowdown in growth in manufacturing, construction and services, which economists took as a sign that the Bank would not change rates with the recovery still weak.

This is despite the [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

Mortgage interest rates- to fix or stick?

Mortgage interest rates have been held at a record low for 25 months now- should you fix your rate or stick on a variable rate?
With the Bank of England’s Monetary Policy Committee voting on interest rates many think that it is a question of when, not if, rates will go up.

Millions of homeowners will be [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark

Mortgage repayments at a new record- official Bank of England figures confirm

UK homeowners paid off more of their mortgage borrowings last year than they had done in any other single year official Bank of England figures show.
Mortgage borrowers paid back more than £24 billion to lenders in 2010, the highest since records began in 1970.

They returned £7 billion in the final three months of the year, [...]

Share and Enjoy:
  • Digg
  • del.icio.us
  • Twitter
  • Facebook
  • LinkedIn
  • RSS
  • Technorati
  • Google Bookmarks
  • MSN Reporter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • Live
  • Add to favorites
  • Blogplay
  • email
  • FriendFeed
  • Print
  • MySpace
  • Netvibes
  • NewsVine
  • Ping.fm
  • Reddit
  • StumbleUpon
  • Wikio
  • blogmarks
  • Blogosphere News
  • HelloTxt
  • MyShare
  • Propeller
  • Socialogs
  • Simpy
  • Sphinn
  • Fark
Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728