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uk homeowner loans

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Home Improvements Could Leave Prospective Sellers Under-Insured (PRWeb) With a sluggish housing market, homeowners thinking of upgrading or extending their homes to increase saleability should be careful not to become under-insured, warns Confused.com. (PRWeb Jul 19, 2008) Read the full story at http://www.prweb.com/releases/2008/07/prweb1121704.htm

Home Improvements Could Leave Prospective Sellers Under-Insured (PRWeb via Yahoo! News) With a sluggish housing market, homeowners thinking of upgrading or extending their homes to increase saleability should be careful not to become under-insured, warns Confused.com.

(AFX UK Focus) 2008-07-08 15:08 Barclays unit Firstplus to stop lending to new customers; 300 jobs hit (Interactive Investor)LONDON (Thomson Financial) - Homeowner loan provider, Firstplus, will stop lending to new customers due to slowing demand, affecting 300 jobs in the United Kingdom, the Barclays Plc unit said Tuesday.

Advertisement starts (Tiscali)in May, against economists’ expectations of a 2.8 percent fall. And bank Barclays’ unit Firstplus, a provider of homeowner loans, planned to stop lending to new customers next month due to slowing demand.

Home ownership ‘out of reach’ for average earners (Times Online)House prices may be tumbling but the dream of home ownership is all but over for couples on modest incomes, as mortgage lenders demand heftier deposits, according to new figures.

L.A./O.C. home prices off 23%, by the square foot (Orange County Register)That depreciation rate was 5th worst among the 25 big U.S. market tracked by RadarLogic.

Miners, banks drag down FTSE; index falls 1.3 pct (Reuters via Yahoo! Philippines News)* FTSE 100 closes 1.3 pct lower

Miners and banks drag down FTSE (Reuters via Yahoo! UK & Ireland News)The top share index closed 1.3 percent lower on Tuesday, driven down by sharp falls in heavyweight commodity stocks that tracked crude and metal prices lower, while banks continued to struggle.

Housing equity withdrawal slumps by 64% (Times Online)The amount of money homeowners are borrowing on their houses has slumped by 64 per cent in the first quarter to a seven-year low as banks continue to withdraw cheap mortgage deals.

Why renting beats buying (Times Online)Last week I was the beneficiary of nothing less than a 21st-century miracle when, amid a plethora of reports showing that the property market is exhibiting the vigour of Ann Widdecombe's sex life, I somehow managed to flog my flat in Brixton, South London. Ker-ching!