Thrifty Loans

Changes to Abbey mortgages

According to recent reports one of the latest high street lenders to make changes to its mortgage offerings if the Abbey, which has recently announced a number of changes. One of the moves made by the bank mirrors moves made by other banks – to reserve best buy mortgages for those with higher deposits to put [...]

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Lehman may withdraw from UK mortgage and lending market

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 [...]

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Broker could be facing uncertain future

Mortgage broker firm John Charcol could be facing an uncertain future according to its auditors, as its liabilities by far outweigh its total assets. John Charcol has enjoyed success over the year, and even now continues to insist that there are no problems, or at least not ones that would hinder its operations. However, according [...]

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FSA states 1.4 million could face rising mortgage costs

Over recent months there has been much concern about homeowners that are currently on cheap fixed rate mortgages that are due to come to an end over the coming year. Many homeowners took out fixed rate loans when interest rates were much lower a couple of years ago, but since then interest rates have rocketed with [...]

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