Real Estate


Judgment mortgage registered over hotel

COLM KEENA The Irish Times 21.02.2010
SCB Offers Thai borrowers 1% for the first year

Siam Commercial Bank, Thailand's fourth-largest bank in terms of assets, announced a fixed-rate home loan product at 1% interest for one year in a bid to attract new customers.

Judgment mortgage registered over hotel

A JUDGMENT mortgage has been registered against the company that operates the Brandon Hotel in Tralee, Co Kerry.

UK mortgage rates fall to record low

Financial Advice 09.02.2010
UK mortgage rates fall to record low

January may well turn out to be the bottom of the UK mortgage market with tracker rates falling to record lows. Figures released by the Bank of England show a fall from 3.92% in December to 3.63% in January for tracker mortgages which carry a 25% deposit. There was also a significant drop in two-year fixed-rate mortgage arrangements which now stand at 3.97% (a six-year low) against a high of 6.35% back in June 2008. So which direction will the UK mortgage market move in the short to medium term?

Mortgage approvals fall for first time in a year

The number of mortgages approvals last month fell from 60,045 in November to 59,023 in December which is the first fall in over 12 months.

Mortgage rates defended

Derek Yiu The Standard 06.01.2010
Mortgage rates defended

ICBC (Asia) (0349) assured the public that banks have not been driving mortgage rates down due to fierce industry competition.

AIB chairman has mortgage at Bank of Ireland

DAN O'Connor, the banker widely expected to be coronated as AIB's executive chairman, this week faces excruciating embarrassment as it emerges that he holds mortgages with AIB's main rivals Bank of Ireland and Bank of Scotland.

UK mortgage rates moving down

Financial Advice 09.11.2009
UK mortgage rates moving down

Despite the fact that the Bank of England’s monetary policy committee decided to leave UK base rates unchanged, we have seen a number of UK mortgage providers reduce their rates. Indeed we saw Nationwide reduce its fixed rate by 0.31% and tracker rate by 0.2%, Northern Rock reduce its tracker mortgage by 0.5% and its fixed rate by 0.3% with Alliance & Leicester also following suit with a 0.4% tracker mortgage rate cut. So what next?

Guernsey mortgage borrowers better off than in UK

Guernsey house buyers are ahead of those in the UK when it comes to finding finance, according to leaders in the local property sector.

BBA Reports Improvements in UK Mortgage Approvals

Recently, the British Bankers Association (BBA) published its review of the UK mortgage market for September 2009, which revealed that the number of approved mortgage applications saw unprecedented rise.

Commercial Mortgage Backers Face $1.6 Billion Liquidation Loss

Oct. 22 (Bloomberg) -- Investors in the first U.K. commercial mortgage bonds to be liquidated since the financial crisis began may lose as much as 1 billion pounds ($1.6 billion) after values of properties backing the two deals collapsed.

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