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Lisa Parker Archive
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What the papers say- 11th and 12th July 2009
The spotlight was once again on high loan to value mortgages this weekend, with news that Nationwide has launched two new deals available up to 125% of the property value. This does not, however, signal a return to pre-credit crunch times, as these deals are only available to existing Nationwide customers looking to move home, [...] -
What the papers say- 8th July 2009
The Daily Mail reported today that the number of mortgages available in the UK now stands at a paltry 2,282, down almost half from 5,040 this time last year and a massive drop from July 2007 when borrowers had 27,962 deals to choose from. Experts suggest that the hardest hit are those with smaller deposits, [...] -
What the papers say- 4th and 5th July 2009
The talk of the financial press this weekend was the return of the tracker, with the Guardian, Sunday Times and Financial Times all discussing the appeal of lower payments in the face of recent increases in fixed rates. Many economists believe that the Bank of England Base Rate will remain below 5% until 2102, and [...]
