Mortgage squeeze ’stifles’ market (BBC News)
Home sales are at a 30-year low as a lack of available mortgages “stifles” the housing market, an industry survey suggests.

New mortgage applications up in September
The number of new mortgages increased slightly during September from the previous month’s record low but at 33,207 home loans, the volume remains well below the average of the previous six months. Consumer lending data from the Bank of England, released on Wednesday, show that overall, net lending secured on homes new and re-mortgages was £2.3bn. However, net lending in August the value of loans extended minus repayments of principal received was revised downward from the £100m rise pre

Safe and Secure
Recent hiccups in UK borrowing costs have resulted in some widely diverse newspaper headlines. Two of these which have appeared in the past day or so certainly demonstrate this: ?HOUSE PRICES SET TO FALL? said one ?HOUSE PRICES ON THE RISE AGAIN?, said the other, from their places alongside each other on the newspaper stand. Taken as an average, then, the general opinion seems to be ?NO CHANGE? ? but who?s to say? On the face of it, there are those who argue that there are vast numbers of home

Get A Non Status Mortgage With Bad Credit
by Chris Channing Taking on a mortgage application can be stressful and frustrating, especially if you have no proof of income. Getting a mortgage with bad credit can be even more difficult regardless of whether you own your home or not. A non status mortgage may be an option you can take if you cannot prove your income status. Proof of income is not required when taking a loan under a non status mortgage. Those who have payments that are infrequent or have a payment schedule that is not set w

(AFX UK Focus) 2008-11-12 00:11 California lawmakers urge 120-day foreclosure halt (Interactive Investor)
By Jim Christie

THE FINTAG NEWSLETTER @ 11 November 2008
FINTAG COMMENT The signs are all is not well. I read a freebie newspaper last night and this is what I discovered.; Iceland has become a must go to holiday destination. Shoplifting for food is on the increase. Nobody admits they work in the financial services industry anymore. Black is certainly the new black (tried to buy a black shirt!? Nearly impossible). Glossy black (blackberry, samsung etc) is too glossy and buyers are using sandpaper to make them look old. New clothes are out. New c

Getting A Loan Without Proof Of Employment
by Chris Channing Getting a mortgage in today’s competitive banking and lending world can be difficult when you have little or no proof of income. Many people that own their own homes can get a mortgage, even with inadequate credit ratings as long as they have an income source. When these things are difficult to prove, a Non Status Mortgage loan arrangement may be required. A non status mortgage is a type of loan that you can get that does not require you to provide proof of income. This can b

Understanding The Importance Of Investment Property Mortgages
by Chris Channing Investment property is a type of property that you own for investment purposes. These investments come in a few different forms, but many people confuse investment property with things that are not necessarily investment property. One common misconception with investment property, is that an investment property can be any property that you use for profits. This is not true, especially if you try to get an investment property mortgage. Mortgage lenders are quite picky about you