Archive for June, 2009
Mortgage lending falls
The value of home loans granted by banks and building societies fell by 58 per cent in the year to May as homeowners shunned re-mortgaging deals. Gross mortgage lending totalled an estimated £10.3 billion in May, down 2 per cent compared to £10.5 billion in April and down 58 per cent from May 2008, according [...]
Buy to let landlords
Buy-to-let-landlords are under siege. Rents are falling, the value of their asset has been shrinking, mortgage deals have become scarce, and they are being hit with a raft of regulations. Now Britain’s army of property investors face a new menace: the tenant farmer. Thousands of buy-to-let properties have been rented for cultivating cannabis in. As [...]
HSBC Mortgages
We have a range of mortgages (see below), with and without booking fees. Please speak to us if you need more information or if you need advice. 0800 169 6333 (textphone 18001 0800 028 0126) 8am to 10pm every day (except for Christmas Day, Boxing Day and New Year’s Day). From outside the UK, please [...]
Bargain property in London: flats for less than £175,000
With the overused mantra, “location, location, location” ringing in my ears, and in the hope that property prices in central London have finally reached rock-bottom, I set my sights on finding a pint-size, super cheap property in the capital under the £175,000 stamp-duty bar. The estate agents I speak to are keen to reassure me [...]
Property tycoon loses his £21m home in Britain's biggest ever repossession
A property tycoon has had his multi-million pound home taken off him in what is thought to be Britain’s biggest ever repossession. Cevdet Caner bought the seven-bedroom home in Mayfair, London two years ago for £16million and spent £5million refurbishing it. But last week bailiffs took the house after his Monaco-based property investment company Level [...]
Mortgage Rate Rise
Nationwide Building Society, Britain’s third biggest lender, is planning to raise interest rates on its most popular mortgage deals, in a move expected to force rivals to follow suit. Homeowners are being urged to lock into a deal as soon as possible after mortgage experts warned that the size of the Nationwide’s increases will force [...]
NatWest Bank Mortgage Lender
NatWest Bank – UK Mortgage Lender The NatWest Bank’s antecedents date back to the 1650s via the National Provincial Bank, founded in 1833 and the Westminster Bank, founded in 1836. These two banks merged in 1968 to form the National Westminster Bank. National Westminster Home Loans was set up in 1980. In 2000, the Royal [...]
Robert Irving Burns
RIB has been established for over 40 years and is an independent partnership, enjoying an enviable reputation, providing an extensive local knowledge, specialising in the Fitzrovia, Soho, Marylebone, Oxford Circus, City and West End fringes. Our centrally located ground floor offices, minutes from Oxford Circus offer an ideal marketing base for your property. Established in [...]
London sees return of gazumping
London sees return of gazumping By Daniel Thomas and Sharlene Goff Published: May 29 2009 23:31 | Last updated: May 29 2009 23:31 Gazumping has returned to the top end of London’s property market, estate agents say, as the number of buyers starts to outstrip houses in some of the capital’s most sought-after areas. Sealed [...]
House prices see highest jump since 2006
House prices see highest jump since 2006 By Norma Cohen Published: May 29 2009 07:54 | Last updated: May 29 2009 20:11 UK house prices rose for the second time in three months, registering the largest one-month increase since late 2006, according to the Nationwide House Price Index. House prices jumped 1.2 per cent from [...]
Recent Comments