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Interest Rates Archive
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Time for panic-buying?
It’s not just Francis Maude triggering a spate of panic buying – if you’ve been hanging round the Bank of England’s website you might feel the need to call your friendly mortgage adviser PDQ too. Once you’ve filled up the car of course. The Bank’s latest Credit Conditions Survey has just been released, and it [...] -
What the papers say – 31st March – 1st April 2012
The Times and FT reported this weekend on the heavy criticism facing HSBC over recent changes to its lending process. The bank has recently cut the number of solicitors and conveyancers on its panel from several thousand to just 43, but critics say this number is too small to cope with the volume of business [...] -
What the papers say – 17th – 18th March 2012
The Government NewBuy scheme was the talk of the financial press this weekend, and reaction was definitely mixed. Under NewBuy, the taxpayer and housebuilders provide security for new build properties worth up to £500k, which acts as an indemnity for the mortgage lender in case of future repossession. Borrowers require a deposit of as little [...]
