Tesco has confirmed that it will launch mortgages in the first half of next year. In its interim results for 2010-11, the supermarket chain revealed that current accounts will be launched after mortgages in the second half of 2011-12. Tesco Bank had previously announced that it would launch its mortgage range by the end of […]
Category Archives: General
Spanish property price deflation accelerated over the summer, although, conversely, the number of transactions picked up. According to figures compiled by property appraisal company Tinsa, average prices fell by 4% in July and 4.6% in August. As a national average, house prices have decreased by 4.6% in the past year. However, there are wide regional […]
Mortgage lenders keen to give buyers first step on property ladder Two mortgage lenders have taken steps to try and encourage more people onto the housing ladder. The Bradford-based Yorkshire Building Society, has seen a surge in demand for first-time buyer loans. Since its June revamp, the number of people with smaller deposits helped onto […]
Tiger Woods has reportedly taken out a £36m mortgage for his Florida mansion.
Mid 2010 figures, average house prices and reports.
The Bank of England will not raise rates until the second quarter of 2011 in order to compensate for slashed public spending, according to leading economists. A poll conducted by Reuters news agency found that despite a surprise surge in economic growth in the second quarter of this year there is little expectation that the […]
The amount of mortgage money lent to borrowers in July was up 5% on the previous month at £13.6bn.