Category: Mortgage Companies
Morgan Stanley Seizes O’Donnells Office Building
Morgan Stanley, the global financial service firm, has successfully taken over an office building worth €165m previously owned by corporate lawyer Brian O’ Donnell and his psychiatrist wife, Dr Mary Patricia O’Donnell after the couple failed to repay the loan that was taken out for the said building.The property is located in London’s prestigious Canary [...]
Autumn Statement 2011 – Mortgage Industry A “Disappointment”
Responding to today’s announcement that the temporary first-time buyer stamp duty concession will end on 24 March 2012 as planned, CML director general Paul Smee said: “It is disappointing to see the government withdrawing the stamp duty concession that currently benefits first-time buyers. “While the concession may not have stimulated additional demand, it was a [...]
Mortgages.co.uk Helps Homebuyers Find The Best Mortgage Rates
Homebuyers looking to secure the cheapest mortgage rate should head over to mortgages.co.uk for information, news and guides on mortgages, including remortgages. The recently relaunched site also features a mortgage calculator for an easy way to find out the true cost of a mortgage. From first time buyers looking to get their first property and [...]
Home Ownership, Is It Just A Dream?
It would be funny if it were not so terrible. Britain is 30 years into the grand Conservative project that was to transform the nation into a “property-owning democracy”. To mark this great anniversary, a government-sponsored organisation, UK Asset Resolution, is about to embark on the highly patronising and paternalistic task of telephoning 30,000 mortgage-holders [...]
UK Asset Resolution (UKAR) In Bid To Help Keep Repossession At Bay
At least 30,000 customers of Bradford & Bingley and Northern Rock will begin to receive phone calls within the coming months as part of an attempt in advising them to change their spending ways or risk repossession as interest rates is set to rise. According to UK’s Asset Resolution (UKAR), the body responsible for running [...]
London Riots – What The Banks Are Saying
The last few days have shown us the rise and fall of civilisation. London witnessed one of its worst riots known to date. Looting, fights and so on were widespread all over London. Though the police are all out to bring those responsible to the face of justice, the damage however, has been done. With [...]
Buy To Let Remortgage Helps Boost Property Portfolio
Are you a Landlord? Looking for opportunities to add new properties to your portfolio? If you are, then Buy To Let remortgage provides the opportunity to do so. Even for those who are planning on entering the Buy To Let market scene, a remortgage could prove beneficial for them. With the current rates for remortgages [...]
Fixed Rate Mortgage Deals
Average fixed-rate mortgage deals have increased over the last two months, even though the Bank of England kept interest rates at an historic low of 0.5 per cent this week and pumped a further £50 billion into the system. The research came as three large mortgage companies, Britannia and Yorkshire Building Society, announced that they [...]
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