Author Archives | Peter Kenny
Peter Kenny - who has written 238 posts on Thrifty Loans.
Peter Kenny has been helping many people for the last 6 years with his money saving ideas and tips. He also writes for The Thrifty Scot
Arrangement fees on mortgages rocket
Over recent months the mortgage market has experienced huge levels of turmoil, with both lenders and consumers being affected. Lenders have found it more and more difficult and expensive to secure finance to fund their lending, and consumers have seen the cost of mortgages rocket despite three base rate cuts, as well as seeing tighter lending [...]
Continue reading...Lehman may withdraw from UK mortgage and lending market
Wednesday, April 30, 2008
According to a recent report Lehman Brothers, the lending specialists, could be considering withdrawing from the UK market, as the global credit crunch continues to wreak havoc across both the UK and the United States. In a recent report it was claimed that the lending giant was considering suspending lending at its UK subsidiaries, Preferred Mortgages [...]
Continue reading...Thousands of jobs could be lost in finance industry
Monday, April 28, 2008
According to a recent report many thousands of jobs in the finance industry could be lost as a result of the problems caused by the global credit crunch. It has been estimates by the CBI that at least ten thousand jobs within the financial services industry within the UK could go over the next three [...]
Continue reading...Building societies fail to escape credit crunch problems
Friday, April 25, 2008
Since the global credit crunch took a hold in the UK last year, larger banks have been clamouring to raise interest rates, withdraw mortgage deals, and tighten lending criteria in a bid to try and minimise on the damage caused by the crunch, which includes difficulties for lenders in obtaining finance on the wholesale markets [...]
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Friday, May 2, 2008
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