Mortgage drought means repossessions will rise
Filed under: News —
The Council of Mortgage Lenders believes that the number of repossessions will rise to 45,000 next year, from 37,000 in 2011, an increase of 22%.
This spike in repossession activity will be primarily driven by increasing levels of unemployment, and in turn decreasing household income levels.
Unsurprisingly given the continued economic turmoil, the CML has also cut [...]
October 16, 2009
Nationwide mortgage and remortgage offers
Filed under: News — Tags: mortgages, remortgages —
Nationwide has made further improvements to its already market leading set of products for mortgages and remortgages, available to existing customers coming to the end of their deal. In addition to competitive low rates which do not increase with a higher loan to value (up to 95%) and innovative trackers which are capped at 3.99%, [...]
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