Loan Empire

Mortgage borrowing falls due to stamp duty

admin — Tue, 09 Mar 2010 08:23:15 +0000

According to a mortgage industry group the level of mortgage borrowing for the month of January has been affected by the increased threshold when it comes to stamp duty in the UK. During the recession the government increased the threshold on stamp duty to apply to properties up to the value of £175,000, which was [...]

Mortgage borrowing falls due to stamp duty is a post from: Loan Empire

Mortgage fraud costing UK one billion a year

admin — Thu, 04 Mar 2010 08:18:08 +0000

Mortgage related fraud is a problem that has caused concern for some time, but over recent years, with the credit crunch and mortgage drought causing so many problems, this type of fraud along with some other types of fraud has become increasingly prevalent. It has been estimated recently that total losses that can be attributed [...]

Mortgage fraud costing UK one billion a year is a post from: Loan Empire

First time buyers could be affected by return of buy to let landlords

admin — Fri, 26 Feb 2010 08:17:30 +0000

According to a recent report a rising number of lenders are starting to approve mortgage deals for buy to let borrowers following a rocky period when fewer and fewer of these deals were being approved. However, whilst the increase in buy to let mortgage deals will come as good news for the landlords that want [...]

First time buyers could be affected by return of buy to let landlords is a post from: Loan Empire

Many people will be leaving Halifax

admin — Mon, 22 Feb 2010 12:03:07 +0000

The High Street banking giant Halifax has always enjoyed a healthy database of customers, but there is evidence to suggest that a huge number of customers may be leaving the bank because of changes that they have brought in with regards to how they charge for customers’ overdrafts. It has been suggested that around seventy [...]

Many people will be leaving Halifax is a post from: Loan Empire

Building society hikes up rates for mortgage customers

admin — Sat, 20 Feb 2010 08:11:18 +0000

A building society has recently announced that it is hiking up its standard variable interest rates for customers despite the fact that the base interest rate still stands at its all time low of just 0.5 percent. The decision to increase its rates has been made by the Skipton Building Society and many of its [...]

Building society hikes up rates for mortgage customers is a post from: Loan Empire

Mortgage approvals increased at the end of last year

admin — Thu, 18 Feb 2010 08:10:39 +0000

According to recent figures the end of last year saw the level of mortgage approvals in the UK increase, although approval levels were still far lower than they were the previous year. Figures have been released by the UK’s major banks, and have shown that mortgage approval levels increase towards the end of last year, [...]

Mortgage approvals increased at the end of last year is a post from: Loan Empire

Mortgage approvals double in twelve months

admin — Sat, 13 Feb 2010 09:36:27 +0000

Recently released figures have shown that the level of mortgage approvals in the UK actually doubled in the twelve months to November of 2009. The figures were released recently by the Bank of England, and officials from the central bank have said that the increase in mortgage approvals over the twelve months period is a [...]

Mortgage approvals double in twelve months is a post from: Loan Empire

VAT rise saw High Streets bustling

admin — Fri, 05 Feb 2010 09:26:58 +0000

The few days following Christmas have been extremely busy on the High Streets of the UK, and this is partly down to the fact that VAT is due to increase again from 1st January 2010, when it will go back up to 17.5 percent, having been reduced to 15 percent last year in order to [...]

VAT rise saw High Streets bustling is a post from: Loan Empire

What does the banks’ victory mean for you?

admin — Sun, 31 Jan 2010 09:10:37 +0000

Last year banking customers, campaigners, and various industry groups in the UK received the news that they thought that they would not hear but had been dreading at the back of their minds. After nearly two years of legal battles and appeals it was announced that the banking industry had won the case into bank [...]

What does the banks’ victory mean for you? is a post from: Loan Empire

No change in interest rates for January

admin — Wed, 27 Jan 2010 09:30:06 +0000

There has been no further change in interest rates for the month of January. An announcement was made by the Bank of England following the Monetary Policy Committee meeting for January, where it was confirmed that the base rate was to remain at 0.5 percent, where it has been since March 2009. The current base [...]

No change in interest rates for January is a post from: Loan Empire