Mortgage News
- Posen to leave Bank's MPC May 18, 2012Adam Posen is leaving the Bank of England’s Monetary Policy Committee to become the next president of the Peterson Institute for International Economics. […]
- Gross lending will not exceed £135bn in 2012, says AMI May 18, 2012Gross mortgage lending will not increase significantly until 2015, the Association of Mortgage Intermediaries has warned. […]
- Moody's downgrades Santander UK and 16 Spanish banks May 18, 2012Moody’s has downgraded Santander UK and 16 Spanish banks, including Santander’s parent company Banco Santander, due to concerns about the banks’ credit-worthiness and the Spanish government’s ability to provide support. […]
- Northern Rock collapse could cost taxpayers £2bn May 18, 2012The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates. […]
- Nationwide cuts mortgage and NewBuy rates May 17, 2012Nationwide Building Society is reducing its two and five-year fixed rates by 0.10% and cutting its five-year fixed NewBuy rate. […]
- Santander raises £2.25bn in securitisation deal May 17, 2012Santander UK plc has launched a UK residential mortgage-backed securitisation raising £2.25bn in a deal issued through its Fosse master trust programme. […]
- Major banks face £356bn Basel III bill May 17, 2012Major banks will have to raise an extra £356bn worth of capital to meet Basel III requirements, a Fitch Ratings report claims. […]
- NLA calls for greater innovation in B2L market May 17, 2012Research from the National Landlords Association has shown that almost three-quarters - 74%, of landlords agree that the buy-to-let market needs greater innovation. […]
- House building fell 11% in Q1 May 17, 2012The latest data from the Office for National Statistics on UK house building shows house building starts stood at 24,140 for Q1 2012, down 11% on Q4 2011. […]
- Sesame Bankhall Group integrates Mortgage Brain with practice management system May 17, 2012Sesame Bankhall Group has integrated the Mortgage Brain sourcing engine to its new Practice Management System, XPLAN from IRESS. […]