UK interest rates held at 5.25%
The Bank of England has kept UK interest rates at a 16-year high of 5.25 per cent, despite evidence that...
archiveMortgages
Credit crunch holding back UK housing market
Falling inflation and lower interest rate prospects have led to growing confidence among sellers but analysts at the Bank of...
Jersey homeowners hit with 1pc mortgage premium ‘for no rational reason’
The island, which is just five miles long and nine miles wide, is a British crown dependency and uses British...
How Britain’s inflation crisis exposed the Bank of England
Services costs are rising rapidly everywhere you look: care home fees are up by one-tenth. Cinema tickets have risen almost...
Iress sells UK mortgage business for £85mn
Iress has agreed to sell its UK mortgage business to Bain Capital for £85mn ($A164.3mn). Iress’ mortgages business provides mortgage sales and origination software (MSO) and associated consulting services to banks and building societies in the UK.Iress bought the mortgages business more than 10 years ago, during which time the company said it had "become a leading provider of mortgage origination software in the UK".This sale is expected to complete in mid-2024 and is subject to approval.The proceeds from the transaction are set to repay debt, which stood at $320mn net in December of...
Selena Gomez, Timothée Chalamet, Zoe Saldana and billionaire Rihanna took out massive multi-million dollar mortgages on their extravagant homes
DailyMail.com can reveal the celebrities who took out some of the biggest mortgages for their luxury mansions in Hollywood, with...
Iress sells UK mortgage business, advancing transformation strategy
In an ASX announcement on Friday, Iress said it is selling its UK mortgage business to Bain Capital Tech...
‘I paid my mortgage for 36 years – and still lost my home to the bank’
In Mr Fleming’s case, his interest-only mortgage repayments nearly tripled after his mortgage was sold in 2015 – from £670...
One in four first-time home buyers are signing up to 35-year mortgages or longer amid soaring borrowing costs
By John-paul Ford Rojas Associate City Editor Updated: 00:48 04 Mar 2024 Share or comment on this article: The proportion...
Lenders sound the alarm over ‘rapid’ uptick in 35-year mortgages
A UK Finance spokesman said: “We are seeing a continued, more rapid, increase in borrowing for more than 35 years....
