Grovelawn Financial News August 2008

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30/08/2008 – Buy to Let Rates Come down Even Further
B M Solutions have today reduced their rates by up to 0.40% on BTL products with rates under 6% for 85% LTV

27/08/2008 – Taylor Wimpey dealt a £1.5bn writedown blow
First half profits plummet

22/08/2008 – Ulster Bank mortgage to help first time buyers
Bank teams up with developers

22/08/2008 – Nationwide announce further rate cuts including a new 5 year
Nationwide building society is to reduce its fixed rates by a further 0.20% with a brand new lower 5 year fixed rate dea

22/08/2008 – BTL Market booming according to RICS
The Royal Institution of Chartered Surveyors’ Lettings Survey has found that the rental market is booming.

12/08/2008 – Mortgage lenders lower rates as optimism appears
Rate cuts signal cautious optimism

06/08/2008 – Stamp duty "holiday" an option
Stamp duty may be suspended

04/08/2008 – Fears of property price inflation in the future
Property prices could escalate rapidly

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Grovelawn Financial Services, Gemini House, Hargreaves Road, Swindon, Wilts, SN25 5AZ — T: 0845 458 2633 — F: 01793 706 533 — E: enquiries.ignore@grovelawnfinancial.remove.co.uk