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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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The Guardian

Santander loans half of all new UK mortgages
The Guardian
Santander's logo is all over British high streets, replacing Abbey, Bradford & Bingley and Alliance & Leicester over branch doorways. ...
Santander on the fast track as it takes bigger share of UK marketYorkshire Post
Santander now issues half of all new UK mortgages â€“ and plans to expand furtherThe Guardian

all 34 news articles »

UK Mortgages 2009 - New Market Report Published
OfficialWire (press release)
by Press Office The UK Mortgage Market has seen unprecedented change in the past 18 months, from collapsed wholesale funding markets, to the nationalization ...

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HSBC, Santander Gain Share of UK Mortgages as Mutuals Shrink
BusinessWeek
Feb. 1 (Bloomberg) -- HSBC Holdings Plc and Banco Santander SA are among banks gaining a bigger share of the mortgage market as Britain's ...

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Is Santander considering a float of UK businesses?
FinancialAdvice.co.uk
Official figures show that Santander now sells around half of all UK mortgages and has a very tight grip of the UK mortgage arena. It will be interesting to ...

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UK Mortgage Approvals Stay Close to One-Year High
Bloomberg
21 (Bloomberg) -- UK mortgages approved by the country's six biggest banks stayed close to the highest level in a year last month and lenders predicted ...

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Mortgage costs continue to fall
FinancialAdvice.co.uk
The Council of Mortgage Lenders (CML) has today confirmed that the cost of UK mortgages has fallen to a five-year low. The percentage of income required to ...

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MSN Money UK

Warning of new housing crash because FSA's reform plan is too weak
Times Online
In good times, UK mortgages are among the most profitable in Europe for banks and the most expensive for borrowers. In bad times, the sheer size of housing ...
FSA accused of fig leaf regulationMortgage Strategy

all 44 news articles »

U.K. House Prices Face Double-Dipper
Wall Street Journal
Ultralow interest rates have improved affordability, with the majority of UK mortgages tracking the base rate, currently just 0.5%. ...

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Walking away from negative equity
The Guardian
UK mortgages are different, in that handing in the keys is probably the worst thing you could do, as the bank sells the house for 49p and comes after you ...

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Daily Mail

How state banks rip us off
Daily Mail
Together the bailed out banks hold more than four in every ten UK mortgages. But they are a long way off the pace when it comes to interest rates. ...

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