Archived News

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Finance:

Paying the rent with plastic

A report from the homeless charity, Shelter, has revealed that in the last year, up to 1 million UK families have paid their mortgage or rent on their credit card. An exclusive …

Finance:

Santander lends a fifth of UK mortgages

The UK operations of Santander posted a half yearly profit of £875 million, up more than 10% on the same period last year. Santander Group profits were lower than the previous yea…

Finance:

A&L to be swallowed up?

One of the characteristics of the current economic situation is the fact that some smaller companies are vulnerable to takeover attempts from bigger competitors eager to make the m…

Finance:

Industry Reacts to interest rate cut

As the Bank of England voted on Thursday to cut the base rate of interest for the second month in a row, industry experts lined up to offer their own assessments of the situation a…

Finance:

Lending banks double

Banks prepared to lend significant amounts for real estate investment almost doubled in the past six months owing to more favourable funding conditions. There are now 23 lenders…

Finance:

Self-cert mortgages to be outlawed

The Financial Services Authority is likely to propose early next week that the self-certification mortgage, the controversial loan which allows borrowers to apply without proving t…


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