Grovelawn Financial News November 2008

← Mortgage & Finance News For October 2008 | Finance News For 2008 | Mortgage & Finance News For December 2008 →

27/11/2008 – Credit card companies sign up for fairer terms
Debt charities welcome initiative

25/11/2008 – Mervyn King backs Alistair Darling
Base rate cut could be on the way

18/11/2008 – Rates cut on current accounts
Savers no better off

14/11/2008 – Bail outs could increase cost of borrowing
Building societies start to buckle under strain

12/11/2008 – Tracker mortgages re appear in the market
Mortgage lenders slowly release their new deals

11/11/2008 – Property sales shrink but there are bargains to be had
Auction sales will increase

07/11/2008 – Treasury to pay out £800million to Icesavers
Savers to receive 100% of their money back

06/11/2008 – Base rate cut by 1.5%
Relief for borrowers as rate hits 3%

05/11/2008 – Existing landlords increase their portfolios
First time buyers find lending criteria too tough

04/11/2008 – RBS writes off further £6.1 billion
Preferential shares of £5 billion sold to the Treasury

03/11/2008 – Skipton and Scarborough merge
Merger will bring financial stability to its members

← Mortgage & Finance News For October 2008 | Finance News For 2008 | Mortgage & Finance News For December 2008 →

Your property may be repossessed if you do not keep up repayments on your mortgage.

For more information on how we are paid for mortgages please click here.

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