Does 26% mortgage slump tell...

March 11, 2011

Banks and building societies have released figures showing mortgage lending in Januaryslumped by 26% compared with the month before. Lenders blame the lending low on a package of factors like cold wea...

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‘Debt amongst pensione...

March 10, 2011

Deepening debt levels, falling income and struggles with the rising cost of living. They are three factors affecting increasing numbers of over 55s in the UK, according to a study by the insurance gro...

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Boost for first time buyers...

March 10, 2011

It has been a tough time for homebuyers over recent years. Since the credit crunch, lenders havetightened their criteria for mortgages meaning that borrowers have needed larger deposits and asqueaky c...

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Bank base rate to stay at 0....

March 10, 2011

The Bank of England’s Monetary Policy Committee (MPC) has once again voted to hold the centralbank’s base rate at 0.5 per cent. The rate has now been unchanged for two years – at the...

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