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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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Telegraph.co.uk

Lloyds Banking Group on a new course due to competition
Telegraph.co.uk
Last year's rescue of Halifax-owner HBOS handed it 28pc of UK mortgages, 33pc of current accounts and more than a fifth of the UK's savings and small ...

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UK mortgages rates increase further
FinancialAdvice.co.uk
Many people cannot understand how the UK mortgage sector continues to push rates higher and higher despite the fact that interbank rates and base rates have ...

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HIGHLIGHTS-Trichet comments after ECB ra
London South East
Are covered bonds allowed by the current programme that are backed by assets outside the euro zone, UK mortgages for example? ...

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Queen's Walk Loss Narrows as Investment Income Rises
Bloomberg
Queen's Walk is more bearish about UK mortgages, and the fund has been seeking to recover funds by getting mortgage originators to buy back loans at face ...

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Negative equity in Oxford on the rise
Oxford Mail
... threw doubt on the value of the Fitch research, which said 15 per cent of prime UK mortgages already exceeded the value of the owner's home. ...

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Novinite.com

Interactive feature: Negative equity
Financial Times
The mortgages account for roughly one in four outstanding UK mortgages and do not include any sub-prime borrowers. You have viewed your allowance of free ...
15% of prime loans in negative equityMoney Marketing
15% of prime loans in negative equityMortgage Strategy
Brokers urged to help clients as report reveals 1 in 10 homeowners ...Debt Management Today
propertytalk Live! -Mortgage Introducer
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Was Charles Dickens an Investor?
Motley Fool
As a holder of businesses in both Ireland(IRE: Bank of Ireland) and the UK(GE: General Electric w/ a $27 Billion Book of UK Mortgages) I've also witnessed a ...

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MPs launch mortgage market inquiry
Times Online
The report needs a clear plan to reduce average house prices by 30 to 40% Why are UK mortgages only granted for a maximum of 25 years. ...

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CompareAndSave.com

Property buyers 'must do homework'
CompareAndSave.com
... was speaking after the release of a report from Fitch Ratings, which revealed that 15% of prime UK mortgages are currently in negative equity. ...

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We have created a monster â€¦ banks with access to public funds
Sunday Herald
We have been left with a handful of giant financial behemoths like Lloyds, which alone has one-third of all UK mortgages and 40% of retail banking. ...

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