Archive for the ‘UK: Mortgage’ Category
UK Nationwide Nov House Prices -0.4% m-o-m, -13.9% y-o-y
Thursday, November 27th, 2008House prices in the UK fell at a monthly rate of 0.4% in November vs. the 1.3% decline last month, the Nationwide Building Society said. Prices measured on an annual basis also began to settle, with November’s 13.9% decline an improvment over the 14.6% fall last month.
Fionnuala Earley, Nationwide’s Chief Economist, said: “The price of a typical house is now GBP 158,442. This is about GBP 25,000 less than this time last year but is still about GBP 25,000 higher than in November 2003.”
UK Oct Net Mortgage Lending GBP 2.9 Bln vs. 3.5 Bln in Sept
Tuesday, November 25th, 2008UK Oct Gross Mortgage Lending GBP 11.9 Bln vs. GBP 11.6 in Sept
Tuesday, November 25th, 2008UK Oct. Mortgage Approvals 21,584 vs. 23,383 in Sept
Tuesday, November 25th, 2008CML Says “Conditions in the wider economy suggest a worsening picture for mortgage arrears”
Friday, November 21st, 2008UK Q3 Home Repos 11.3k vs 10.1k in Q2 –CML
Friday, November 21st, 2008UK PM Brown: Talking With UK Banks on Increasing Loans to 2007 Levels
Wednesday, November 19th, 2008More on UK Treasury:
Tuesday, November 18th, 2008The Treasury says the recapitalisation eligibility criteria include the capitalisation plan, a sustainable business model, a clear funding profile and credible business management.
The Treasury also says if the issue is to provide capital, it will carry terms and conditions that relate to dividend policy, remuneration, lending policy and wioder public policy issues.