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UK mortgage lending rose in March when the amount lent in home loans rose by 21% compared with the previous month lenders have said.However the increase came after a dip in lending for home loans at the start of the year the Council of Mortgage Lenders (CML) figures show. There was a 2% drop in gross [...] 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? Millions of homeowners will be [...] Bank of Ireland has seen its net loss for 2010 fall to 609m euros, (£544m) after negotiating debt write downs from its bondholders.The results came as a surprise to analysts, who had forecast at least double those losses in line with the wider problems in Dublin’s banking sector. Bank of Ireland’s 2009 loss was almost three [...] Mortgage lending is still running at very low levels according to the Council of Mortgage Lenders (CML). Recent surveys have shown that house prices have changed very little in [...] 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. They returned £7 billion in the final three months of the year, [...] Savers and borrowers could benefit by locking in the best interest rates for more than a year. New research showed that UK interest rates offered on relatively short-term fixed-rate bonds have been rising since August 2010. However, they have been increasing from an all-time low of 2.52% for a one-year bond. The movement signals an expectation of a [...] A long awaited banking agreement with the largest UK banks on lending, pay and bonuses has been announced entitled Merlin.Under Project Merlin, banks will lend about £190bn to businesses this year – including £76bn to small firms – curb bonuses and reveal some salary details of their top earners. The Bank of England will monitor whether [...] Two thirds of those asked in a UK survey found financial matters too confusing to make the best choices with their money. Some 80% of those asked were unsure which benefits and allowances they were entitled to. Others struggled [...] Mortgage holders are continuing to pay down their loans, according to the Bank of England’s latest quarterly figures. It is the 10th quarter in a row that homeowners have put more money into their home than they took out. Collectively, those with [...] Re-mortgager asks what will happen to house prices in 2011? In 2010 the property market took a downward turn after a brief recovery in prices that had started in 2009 ran out of steam. The [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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