Articles for Latest financial news

  • Worst of the crunch is over? May 06 2008

    The worst of the credit crunch is over - or it could be. According to the Bank of England, the financial markets have become too cautious and have exaggerated losses from the sub-prime markets.

  • Pundits sanguine on news of price fall May 06 2008

    Both the Nationwide and the Halifax reported last week that average UK house prices are now lower than they were this time last year (but around one per cent), although separate figures for Scotland are not available.

  • Landlords plan to buy more May 06 2008

    More good news for landlords. According to research from Paragon, average rents have risen by four per cent in the last three months and by 12 per cent in the last six months.

  • £50 billion bank deal to ease mortgage lending Apr 29 2008

    As expected, the Bank of England announced a major intervention in the banking system last week, allowing mortgage lenders to swap some of their mortgage assets for what is effectively cash.

  • Buy-to-let investors stay calm Apr 29 2008

    Just two per cent of buy-to-let landlords are planning to sell property when the current leases run out according the RICS (Royal Institution of Chartered Surveyors).

  • Scottish legal system will protect property market Apr 29 2008

    Scotland's missives based house-buying system will protect the property market from the woes affecting the rest of the UK, according to a group of Edinburgh based solicitors.

  • New TV series looks for home improvers Apr 29 2008

    A new TV series due for broadcast this autumn on Channel 5 is looking for homeowners who would like expert advice on how to make the most of their home improvements.

  • Scotland still bucking national trend Apr 22 2008

    Once again, evidence from the RICS (Royal Institution of Chartered Surveyors) suggests that the property market in Scotland is doing better than the market south of the border.

  • BoE to support intra-bank lending? Apr 22 2008

    Is the Bank of England about to step in with a major intervention in the financial markets? Rumours of a move by the Bank to improve liquidity have been circulating for days.

  • Unemployment dropping Apr 22 2008

    With talk of recession in some quarters, the Office for National Statistics picked an opportune moment to announce that unemployment fell slightly for the three month period up to February.

  • Tracker mortgages gaining ground Apr 22 2008

    Tracker mortgages are seeing a boom in popularity, suggesting that homeowners and buyers are increasingly confident that interest rates will fall in the near future.

  • Interest rates cut to 5 per cent Apr 15 2008

    Fulfilling the predictions of most pundits and analysts, the Bank of England last Thursday announced a drop in interest rates of 0.25 per cent.

  • Scotland escaping the worst? Apr 15 2008

    With apocalyptic news reports dominating the media, there's no doubt that in many parts of the UK, house prices are turning downwards, but the reports and data currently being released for Scotland continue to show a much more stable situation compared to the traditionally more volatile English housing market.

  • Mortgages in the news Apr 15 2008

    The fluctuating nature of the mortgage market continued to generate news last week, with the final 100 per cent mortgage withdrawn by Abbey on Tuesday.

  • IMF bets against recession Apr 15 2008

    As the press report ever-darkening moods among experts and economists, the International Monetary Fund threw its hat into the ring late last week.

  • Bank pledges more support Apr 01 2008

    Mervyn King, the governor of the Bank of England, told a committee of MPs last week that the Bank would provide more liquidity to the financial sector if required.

  • Small lenders hit by credit crunch Apr 01 2008

    In the meantime, however, homeowners may find it more difficult to get a mortgage and may find that their mortgage costs them more.

  • Growth slows while expectations improve Apr 01 2008

    Scottish business seems increasingly optimistic about the future despite a broad based slowdown in the economy.

  • Surveyors warn on Home Reports Apr 01 2008

    The introduction of Home Reports later this year could have an adverse impact on Scotland's property market.

  • MPC divided on rate cut Mar 25 2008

    Despite a sharp increase in inflation last month, two members of the Bank of England's Monetary Policy Committee voted to cut interest rates at their last meeting.

  • Bank must act to ease credit supply Mar 25 2008

    The Bank of England must take more action to ease the credit crises according to the Council of Mortgage Lenders (CML).

  • Borrowers move to interest only loans Mar 25 2008

    One consequence of the credit crises could be a move among borrowers back to interest only loans in an attempt to cut monthly mortgage costs.

  • Scotland top UK location for landlords Mar 25 2008

    Scotland was one of three areas to have posted record returns for landlords in the last five years.

  • Don't spend the deposit Mar 25 2008

    Hopeful home buyers should resist the temptation to fritter away their savings if they are hoping to get the best deal on their mortgage.

  • Prickly problem for burglars Mar 25 2008

    Your best line of defence against burglars could be - your garden.

  1. 1
  2. 2
  3. 3
  4. Next
71 articles
 
 
Developed by Mercurytide
  1. Bryant