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U.K. Mortgage Report sees a shortage of mortgage finance into 2010
A report commissioned by Alistair Darling, chancellor, from Sir James Crosby, former chairman of HBOS, the bank, said there was no silver bullet that would revive the wholesale mortgage market, reduce borrowing costs and take the pressure off the housing market.

U.K. Mortgage Approvals Decline to Lowest Level Since 1999
Banks and Building Societies granted 36,000 loans for house purchase, compared with 41,000 in May, the Bank of England said in London today. The result was the lowest since comparable data began nine years ago. House prices fell by the most in at least seven years in July, pushing the economy closer to a recession.

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UK Mortgages 2010: Mortgage Innovation - New Market Report Published
OfficialWire (press release)
by Press Office With the worst of the credit crunch behind them, UK lenders can start shifting their focus to product innovation, looking abroad for ...

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Fixed rate mortgages offer safer alternative for homeowners
Liverpool Daily Post
... Santander (0800 389 6704 and www.santander.co.uk); Post Office (0800 707 6204 and www.postoffice.co.uk/mortgages or from any Post Office branch); ...

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Mortgages From Six Biggest UK Banks Fell to 49000
BusinessWeek
18 (Bloomberg) -- UK mortgages approved by the six biggest banks slumped in January as snowy weather across the country prevented prospective homebuyers ...

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Novinite.com

Fast-track does not pose higher risk: Fitch
Mortgage Solutions
Fitch analysed the factors that trigger arrears for UK mortgages and said that while self-certified loans, interest-only loans and remortgaging loans appear ...
Fast-track does not pose higher risk, says FitchMortgage Strategy

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A&L unveils RMBS deal worth Â£1bn
Mortgage Strategy
The deal is backed by prime UK mortgages originated by Santander-owned A&L with an average LTV thought to be in the region of 52%, in line with the average ...

Banks that refused bail-outs post record profits
Telegraph.co.uk (blog)
If you think â€œah but not all of the assets on the balance sheets of these banks are UK mortgagesâ€, you'd be right, but why should UK mortgage householders ...

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Post Office mortgage offers
FT Adviser
Contact: www.postoffice.co.uk/mortgages of telephone 0800 707 6204. Verdict: Ian Howell, IFA at Norfolk-based Capital Tower, said: "These offers are ...

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First Direct in good health as mortgage share increases
Yorkshire Post
In total HSBC wrote 11 per cent of all new UK mortgages during the year, up from a market share of 6.7 per cent in 2008. It advanced more than Â£1.5bn to ...

Pound Weakness Continues as 1.5000 Comes Into View
NASDAQ
However, UK mortgages slipped to 48K from 49K forecast and the weakness in the housing market outweighed any positive news elsewhere. ...

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Revision and APS ambiguity at RBS
FT Alphaville (blog)
In return for the APS the bailed-out bank had to make some lending commitments â€” to be exact an additional Â£25bn of loans to UK mortgages and businesses to ...

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