Tag Archive | "mortgage"
Nationwide closes doors on new borrowers by raising rates
The Nationwide Building Society, which has recently topped consumer polls for everything from its credit cards to its customers service levels, has announced that it is looking to close the doors on new mortgage applicants by raising its mortgage interest rates, despite the fact that there have been two recent base rate cuts in the [...]
Continue reading...Mortgage lender to reveal costs following near collapse
Monday, April 14, 2008
Northern Rock, once the fifth largest mortgage lender in the nation and now the bank known as the victim of the first run on a British bank in nearly 150 years, is to reveal costs and figures relating to its rescue over the coming week. The bank is to reveal its results since its collapse last [...]
Continue reading...Fast action required from mortgage customers
Monday, March 31, 2008
A number of industry professionals have warned that fast action is required from consumers that are thinking of taking out a new mortgage or remortgaging to a better deal, as many of the most competitive deals are coming off the shelves remarkably quickly, which means that access for consumers is limited and they only have [...]
Continue reading...FSA hunts traders that started rumours about HBOS
Monday, March 31, 2008
According to a recent report the Financial Services Authority, the UK’s financial regulator, is set to weed out the unscrupulous traders accused of starting rumours in the stock markets about the parent company of one of the nation’s biggest mortgage lenders. The middle of last week, just before Good Friday, saw the stock markets thrown into [...]
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Wednesday, April 16, 2008
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