The Royal Bank of Scotland (RBS) is to restrict its interest-only lending to borrowers with a minimum income of £50,000 and who have banked with it for a minimum of three months.
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2163943/rbs-restricts-criteria?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=RBS%20restricts%20interest-only%20criteria%3B%20NatWest%20reintroduces%20interest-only%20deals&utm_campaign=14.02%2C%2027.03.2012%2C%20RBS%20restricts%20interest-only&utm_source=Daily&utm_medium=Email
www.mortgageinformationcentre.co.uk
Tuesday, 27 March 2012
Friday, 23 March 2012
Exclusive: No more interest-only changes on way - major lenders
At least some Banks and Building Societies are looking at this with some sensibility.
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2163190/-changes-lenders?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Exclusive%3A%20No%20more%20interest-only%20changes%20on%20way%20-%20major%20lenders&utm_campaign=13%3A13%2023%20March%202012%20i-only%20exclusive&utm_source=Daily&utm_medium=Email
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2163190/-changes-lenders?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Exclusive%3A%20No%20more%20interest-only%20changes%20on%20way%20-%20major%20lenders&utm_campaign=13%3A13%2023%20March%202012%20i-only%20exclusive&utm_source=Daily&utm_medium=Email
Tuesday, 20 March 2012
Apple breaking into banking sector poses serious threat to high street
This could be the best shake up to the lenders todate. http://www.myintroducer.com/view.asp?ID=9489&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=263887-norton+Breaking+20mar2012
Friday, 16 March 2012
Stringent lending could enhance risks to consumers - FSA
I say DAAAAAAAAA! to the FSA. What did they think was going to happen. People are going to rent forever. http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2159206/stringent-lending-enhance-risks-consumers-fsa?wt.mc_ev=click&WT.tsrc=Email&utm_term=&utm_content=Stringent%20lending%20could%20enhance%20risks%20to%20consumers%20-%20FSA&utm_campaign=08.15%2C%2014.03.2012%2C%20FSA%20stories%20and%20SimplyBiz&utm_source=Daily&utm_medium=Email
Thursday, 15 March 2012
House prices fall in Scotland for 4th successive month
This is not going to get better untill the lenders start the business of LENDING. BANKS!!!!! AREYOU LISTENING???????? http://www.myintroducer.com/view.asp?ID=9433&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=263449-Masthaven+Breaking+14mar2012+
Monday, 12 March 2012
Clydesdale and Yorkshire Banks increase SVR
Here are two more banks raising there rates. WATCH OUT!!!! you could be next.
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2158391/clydesdale-yorkshire-banks-increase-svr?utm_term=&utm_content=Clydesdale%20and%20Yorkshire%20Banks%20increase%20SVR&utm_campaign=1.30pm%209%20March%202012%20Cly%20and%20York%20SVR&utm_source=Daily&utm_medium=Email
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2158391/clydesdale-yorkshire-banks-increase-svr?utm_term=&utm_content=Clydesdale%20and%20Yorkshire%20Banks%20increase%20SVR&utm_campaign=1.30pm%209%20March%202012%20Cly%20and%20York%20SVR&utm_source=Daily&utm_medium=Email
Friday, 9 March 2012
BoE holds base rate at 0.5%
REMEMBER. The major lenders are raising there on rate so, you mortgage payments could be effected
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2158045/bank-holds-rate-05
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2158045/bank-holds-rate-05
Wednesday, 7 March 2012
Cable calls for RBS break up
Sound advice BUT will BENEFITS BRITIAN LISTEN?????????????
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2157631/cable-calls-rbs-break
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2157631/cable-calls-rbs-break
Monday, 5 March 2012
Building Societies will fill lending gap left by big banks - brokers
This is true as in practice Scottish Building Society is saying "YES" when the major banks say "NO NO NO"
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2156529/mutuals-lending-gap-left-banks-brokers
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2156529/mutuals-lending-gap-left-banks-brokers
Thursday, 1 March 2012
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