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Fixed Rate Mortgages At All Time High in Interest rates - 13/08/2008
The cost of a fixed-rate mortgage has soared to its highest level in eight and a half years. Average interest rates on a two year fixed-rate mortgage where buyers provide a 25 per cent deposit last month rose to 6.63 per cent, according to Bank of England research... more
First Time Buyers Cannot Afford to Buy in Interest rates - 13/08/2008
It is still ’almost impossible’ for people on low incomes to buy their own home due to high house prices and the large deposits being demanded by lenders, a new report revealed today. A couple in the bottom quarter of earnings would have to save more ... more
Mortgage defaulters expected to double staff at Northern Rock debt management division. in Interest rates - 11/06/2008
Northern Rock is to more than double the number of people who work in its debt management arm, according to a document seen by the BBC. The internal memo said the recently nationalised bank had the equivalent of 176 full time workers in the division at the end of A... more
77 Houses repossessed everyday in Interest rates - 04/09/2007
Home repossesions rose by 30 p... more
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