Mortgages RSS feed for the Mortgages tag
found 16 stories.
Business
Alun Thorne B'ham Post 20 Sep 10
Property asking prices fell for the third month in a row during September as estate agents continued to have record levels of unsold stock on their books, according to new figures.
The average cost of a home put up for sale in England and Wales during the five weeks to September 11 dipped by 1.1 per cent to £229,767, according to property website Rightmove. Small increases were recorded in the North-west and East Anglia but the East Midlands saw the steepest fall of more than 4 per cent…
News
Express & Star 1 Mar 10
The number of people who lost their homes in parts of the West Midlands soared by almost 50 per cent during the recession, latest figures have revealed. Repossessions went up by more than 3,000 in the space of 12 months. The number of people Walsall Council helped prior to court action rose from 135 to 316 while 178 cases of homelessness were prevented, compared to 82 the previous year…
News
Chris Henwood B'ham Mail 9 Oct 09
Nearly 1,000 repossession orders were made against West Midlands homeowners in three months, according to latest figures. Help includes free debt advice and representation in court to help with mortgage interest payments and, for the most vulnerable households, the Mortgage Rescue Scheme. In Walsall 66% of 160 claims qualified for support…
News
BBC News 8 Sep 09
Residents of England are being urged to seek advice in a new advertising campaign featuring a bear. The government has identified 22 repossession hotspots including Walsall,, Sandwell, Wolverhampton and Cannock Chase…
Business
Tom Scotney Birmingham Post 26 Aug 09
Walsall-based “near-prime” lender Crystal Mortgages has named a new director of operations, after a successful first six months for their new products.
Property
Birmingham Post 20 August 09
Mortgage lending jumped by 26% during July as the housing market showed further signs of improving, figures have showed…
Property news
TheYamYam 22 June 09
House prices in Walsall are on the up, according to figures released by the Land Registry.
The average cost of buying a home in the borough was £147, 275, a rise of 4.1% during January and March with only Bromsgrove at 5.2% recording a higher rise in the West Midlands while Dudley rose by 1.8% and Solihull saw an increase of 1.1%.
In the last 12 months Walsall’s house prices stayed static, compared to the seven other metropolitan authorities in the region which all registered a fall.
Homes in Birmingham saw the biggest drop of nearly 12 per cent.
The average final sale price in Walsall was also higher than elsewhere in the Black Country and also topped Birmingham and Coventry, but trailed significantly behind Solihull at £219,480 and Bromsgrove at £236.161.
Business news
Birmingham Post 12 June 09
The number of mortgages for house purchase continued to climb during April, but still remained well short of that in April last year. The Council of Mortgage Lenders, speaking for both banks and building societies, said its members lent 35,600 house purchase loans in April worth a total of £4.5billion – up 16 per cent on March in both number and value.
Business news
Birmingham Post 15 May 09
Reports of a more active housing market were confirmed with news that the number of mortgages taken out for house purchases jumped by 29 per cent between February and March to 31,000.
Business news
The Mercury 17 Apr 09
Around a million home owners are thought to be in negative equity due to falling house prices, the Council of Mortgage Lenders (CML) has said…