LandlordZONE

Tag Archives: CML

Borrowers vow to keep fighting BoI after mortgage U-turn

Bank of Ireland borrowers pursuing a class action against the bank’s tracker mortgage rate hikes have vowed to “keep the pressure” on the firm after it reversed its decision for 1,200 of 13,500…

Remortgage lending hits £3.4bn

Gross remortgage lending increased by £489m in April to £3.4bn, the latest LMS Remortgage Report has revealed.

The increase represents a 17% increase on the £2.9bn of remortgage business in March…

New banking rules spark repricing fears

Proposed new banking regulations could cost housing associations hundreds of millions of pounds and deter lending to the sector.

David Orr, chief executive of the National Housing Federation,…

New bank Aldermore offers mortgages in Scotland

CHALLENGER bank Aldermore is to offer mortgages to Scottish customers next month as the housing market shows signs of "renewed confidence". The Bank, which has been operating in England and Wales…

Digging deeper for that new home

Moving into a brand new home is getting pricier. New home sales are up- and along with that- so are prices. The median sales price of a new home was $271,600 in April. That’s up close to 15% from a…

Ally settlement may be a boon for ResCap bondholders

10:52pm BST

* Paulson, hedge funds will likely make profit on settlement

* MBIA, FGIC to recoup about $1 billion

* Ally to contribute $2.1 billion to ResCap creditors

By Nick Brown

NEW YORK,…

HSBC faces court threat as deal on money laundering charges stalls

Judge may take action that could leave HSBC facing a criminal prosecution and threat to its ability to do business in the US HSBC’s controversial $1.9bn (£1.6bn) settlement deal with the US…

Stock markets lose nerve on fears of end to quantitative easing

Britain’s top companies lose £36bn in value as stock markets react to US warnings on QE and drop in Chinese manufacturing A day after the FTSE 100 came within 90 points of its December 1999 all-time…

Investment: Mark Carney’s miracle

No Bank of England governor has ever been installed in office with quite so much advance hype as Mark Carney. When he moves from running to the Bank of Canada to his new office in Threadneedle…

AFI launches ‘spring specials’ sale

Abbey for Intermediaries is to launch two new seven day spring specials with no fee, available exclusively through all key accounts from tomorrow.

The new deals comprise a five-year fix with a rate…