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Archive for the 'Homeowner Loans' Category

Tesco To Enter Home Owner Loan Market

Homeowner Loans - Tuesday, February 7th, 2012

The supermarket giant Tesco has just announced that it is intending to enter the home owner loan and mortgage market, with the new loan products being launched possibly as early as April this year, according to Benny Higgins, the Chief Executive of Tesco bank.
Tesco has been suggesting that it would enter the home owner [...]

Sale And Rent Back Market Closed Down

Homeowner Loans - Monday, February 6th, 2012

In recent years the UK has seen the growth of a number of sale and rent back firms, who offer to buy a person’s house for a reduced price in order to clear their home owner loan debt and then rent the same property back to them.
This industry was born out of many people struggling [...]

First Time Buyers Need To Complete Loans Soon

Homeowner Loans - Wednesday, January 25th, 2012

First time buyers who are considering buying a house, or are already in the process of applying for a home owner loan, have been advised to move quickly in order to beat the deadline for the end of the current stamp duty holiday.
Last year, the government introduced the stamp duty holiday for first time buyers [...]

Home Owners Opt For Hybrid Loans

Homeowner Loans - Friday, January 20th, 2012

With the home owner loan and mortgage market looking particularly uncertain at the moment, due to the fragile state of the UK economy and no one really knowing when interest rates on loans will increase from their currently all time low level, many people looking for a new home owner loan are uncertain as to [...]

First Time Buyer Loan Numbers Increase

Homeowner Loans - Monday, January 16th, 2012

There was a lot of doom and gloom throughout last year regarding the economy of the UK, particularly in the housing and home owner loan market. But one area which saw a significant level of growth was that of the first time buyer loan market.
The latest figures from e surv, have shown that the number [...]

Homeowners Switching To Fixed Loan Rates

Homeowner Loans - Friday, December 30th, 2011

Despite the fact that the Bank of England base rate of interest for loans and savings is still at an all time low level of just 0.5 per cent and is likely to remain at this level for some time, a growing number of banks and building societies are starting to increase their home owner [...]

First Time Buyer Loans At All Time Low

Homeowner Loans - Thursday, December 29th, 2011

The number of first time buyers who are applying for a home owner loan or mortgage has fallen to its lowest level since records began, according to new research from the Halifax, even though loan affordability levels are at their highest level for eight years.
With house prices falling over the course of the past [...]

 
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