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| The number of new mortgages approved for house buying bounced back in May.
Figures from the British Bankers Association (BBA) show that 81,000 new mortgages were approved for home buyers, up from 65,000 in April.
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| Mortgage lending slowed in February, according to both the British Bankers' Association (BBA) and Council of Mortgage Lenders (CML).
Lending totalled £21.8bn in February down 5% on January, the CML said.
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| Mortgage lending continued to slow at the start of 2006, according to the British Bankers' Association (BBA).
Underlying lending, which excludes redemptions and repayments, rose by £4.61bn in January compared to an increase of £5.34bn a month earlier.
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| Mortgage lenders are hitting borrowers with high exit fees when they switch to a rival lender, it has emerged. Some lenders, including Abbey and Alliance & Leicester, had raised exit fees sharply in the past two years.
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| More mortgages were approved for house purchase in December than any month since May 2004, the Bank of England has revealed.
In total, 122,000 mortgages were approved during the month, an increase of more than a quarter since late 2004.
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| Mortgage lending has shown its usual end of year slowdown, according to the British Bankers' Association (BBA).
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| A website has been launched that pits lenders against one another in an auction to secure mortgage business.
The mortgagebundles.com site bundles together borrowers with similar profiles, with the aim of giving them bulk appeal to lenders.
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| Mortgage lending showed unexpected vigour in December, according to the Council of Mortgage Lenders (CML).
The CML said that mortgage lending totalled £26.3bn, 25% higher than during the same month in 2004.
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| Mortgages should be straightforward - you borrow money to buy a house and pay interest on the loan.
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| Equity release schemes, which allow people to unlock money tied up in their property, have been criticised by the Which? consumer group.
The organisation said the policies are expensive, inflexible and risky.
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| The amount of money people borrow against the value of their homes to boost their incomes, has fallen again.
The Bank of England says that in the third quarter of last year, mortgage equity withdrawal (MEW) was £8.3 bn, down from £10 bn in the second quarter.
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| Mortgage lending has continued to show an unseasonal pickup as the year draws to a close.
The Council of Mortgage Lenders (CML) said gross lending rose by 5% in November to £28.5bn.
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| NEW YORK (Reuters) - U.S. mortgage applications rose for the first time in a month, mostly driven by a robust rebound in home refinancing volume even as interest rates rose, an industry trade group figures showed on Wednesday.
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| Homebuyers have been warned by the Financial Services Authority (FSA) not to lie about their income when applying for self-certification mortgages.
If they do, it said, they risk landing themselves with a criminal record.
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Archived news
2006
2005
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