Property, Mortgage & Insurance News from the Best Deal 4 U

  • NI ministers seek financial help
    The NI first and deputy first ministers will meet Gordon Brown in London to press their claim for financial aid ahead of Thursday's Executive meeting.
  • Full Bank of England statement
    The Bank of England's statement in full:
  • Hefty cut in UK rates predicted
    The Bank of England's interest rate-setters are expected to make a big cut in the cost of borrowing when they announce their decision at midday.
  • Recession 'will hit NI hardest'
    Northern Ireland will be hit harder in this recession than the rest of the UK economy, the Ulster Bank believes.
  • HBOS deal to save Lloyds £1.5bn
    Lloyds has said that its acquisition of HBOS would save it at least £1.5bn ($2.4bn) a year, raising fears of heavy job losses from the merger.
  • Rate cut hope lifts global shares
    UK and other European shares have risen sharply, buoyed by growing expectations that central banks will cut interest rates further.
  • World credit loss '£1.8 trillion'
    The world's financial firms have now lost £1.8 trillion ($2.8 trillion) as a result of the continuing credit crisis, the Bank of England has estimated.
  • Retail tycoon criticises UK banks
    Retail tycoon Sir Philip Green has said that UK banks made "grave errors" in recent years that contributed to the current credit crisis.
  • Q&A: Deposit protection plans
    Prime Minister Gordon Brown has said he will do "whatever it takes" to protect people's savings.
  • EU leaders seek broad bank reform
    European leaders are calling for major reform of the global banking system, as they meet to discuss an EU rescue plan.
  • Switzerland unveils UBS bail-out
    Switzerland is taking steps to strengthen its largest bank, UBS, becoming the latest European government to unveil a banking rescue plan.
  • Mortgage rates cut on Bank news
    Mortgage providers have been dropping the cost of their home loans following the emergency cut in UK interest rates.
  • First-time buyers welcome crash
    House prices have fallen for 11 months in a row with lender Nationwide warning of "difficult" times ahead, but many first-time buyers are quietly counting their blessings.
  • Shares rise as confidence returns
    Stocks markets in Europe and Asia have forged higher, as investors bet that state action to strengthen the banking system will ease the credit crisis.
  • Brown: We'll protect bank savings
    Prime Minister Gordon Brown has told the BBC that he will do "whatever it takes" to protect people's savings.
  • Deal optimism rallies HBOS shares
    Shares in troubled bank HBOS have rallied amid increased market confidence that a takeover by Lloyds TSB would go ahead as planned.
  • Building societies face B&B bill
    Britain's building societies could face a bill of more than £80m after the rescue of the Bradford & Bingley bank.
  • Extra protection for homebuyers
    Buyers of new homes are to get more help if they suffer delays moving into their property or find faults, after a probe into UK housebuilders.
  • FSA to consider bonus clampdown
    The new chairman of the Financial Services Authority (FSA) has said it could penalise banks who pay bonuses that encourage excessive risk-taking.
  • Investors too reliant on property
    More than half of Northern Ireland's investors view property as the most attractive option for their money.
  • Darling pledges action on economy
    Chancellor Alistair Darling has pledged action over weaknesses in the financial system ahead of his speech to the Labour Party conference in Manchester.
  • Extra funds pumped into markets
    Global central banks are pumping $180bn (£99bn) of extra money into the markets in a co-ordinated move to lift the amount of funds available.
  • Home sales at lowest for 30 years
    The slump in the UK property market continued in August, with some estate agents selling fewer than one home per week in the past three months.
  • Chancellor to tighten bank rule
    Chancellor Alistair Darling has sought to reassure investors that new laws will be introduced to tighten the rules governing the UK banking system.
  • HBOS in merger talks with Lloyds
    Lloyds TSB is in advanced merger talks with HBOS to create a UK retail banking giant worth £30bn, the BBC has learned.
  • Nationwide will merge with rivals
    The Nationwide Building Society has said it will merge with two of its smaller rivals, the Derbyshire and Cheshire Building Societies.
  • Grim backdrop to UK rate decision
    The looming threat of recession has left the Bank of England under intense scrutiny as it prepares to announce its latest interest rate decision.
  • Stamp duty axed below £175,000
    Homebuyers will not have to pay stamp duty on properties costing £175,000 or less for the next 12 months.
  • Mortgage rates 'at 2007 levels'
    Mortgage rates are back to where they were in August 2007 at the onset of the credit crunch, according to research by price comparison website Moneyfacts.
  • 'Gloomy' forecast for UK economy
     The outlook for the UK economy next year is looking gloomier with business confidence fast evaporating, top forecasters have suggested.
  • Euro interest rate likely to rise
    The European Central Bank (ECB) is expected to raise interest rates from 4.0% to 4.25% in an attempt to control inflation, which is at record levels.
  • Economy is slowing, says Darling
    Chancellor Alistair Darling has said that there is "no doubt" the UK economy is slowing and has warned it will be a "difficult year" ahead.
  • Falling prices 'help home buyers'
    Falling house prices may mean tens of thousands of young working households are able to buy a home this year for the first time, a report says.
  • Sales slowdown lifts buy-to-let
    The downturn in property sales is having a positive effect on buy-to-let, a survey from the Royal Institution of Chartered Surveyors (Rics) suggests.
  • I can save economy again - Brown
    Prime Minister Gordon Brown has said he is the right man to steer the country through difficult economic times.
  • What is an EPC?
    The Energy Performance of Buildings Directive 2002/91/EC (EPBD) was passed into law by the European Parliament in December 2002 and adopted by the 25 Member States, including the UK, in January 2003.
  • Energy Performance Certificates
      It's Official! All Resale Homes on the Market after 30th June 2008 will need an EPC.
  • Derry House Prices rise by 21% in last 12months
    The number of house sales in Northern Ireland during the first three months of 2008 dropped to its lowest in almost 25 years, a new survey has revealed.
  • PMs to address business leaders
    Prime Minister Gordon Brown and his Irish counterpart Brian Cowen are due to meet at Stormont later, to address a major investment conference.
  • Executives on NI investment trail

    More than 100 executives from American companies are arriving in Northern Ireland for a major investment conference.

  • Bank says credit fears overstated

    Banks have overstated their exposure to mortgage-linked investments and could delay an end to the credit crunch as a result, the Bank of England says.

  • Bank details £50bn lending boost
    The Bank of England has announced details of a plan to help prevent the credit crisis causing more 
    damage to the UK banking system and economy.
  • RBS 'prepares fundraising plan'

    RBS 'prepares fundraising plan'

  • Credit Crunch

    'Help needed' for credit crunch

  • First Direct

    First Direct withdraws mortgages

  • First time buyers should avoid the ‘green’ mortgage

    Choosing an eco friendly mortgage could leave first time buyers green around the gills when it comes time to meet the payments. That’s because they are far more expensive than traditional mortgages, costing the average first time buyer (FTBs) up to £550 a year more.

  • Derry City Dream Draw
    Derry City Dream Draw: 2008
    Derry City Football Club's Development Committee have officially launched the club's major fund-raising draw for 2008 - with the project hoping to raise £100,000 for the 'Candy Stripes.'
  • Why You Should Review Your Life Insurance Policy
    At some point all of us will experience life changes. These changes may include moving to a new house, marriage, childbirth, a new job, a considerable increase in salary, or even retirement. While life events cause sudden change, it is necessary to review your life insurance plan.
  • UK interest rates trimmed to 5.5%
    The Bank of England has cut UK interest rates to 5.5% from 5.75% amid signs that the economy is slowing.
  • House prices dip 1.1% in November
    UK house prices fell in November as higher interest rates and increased mortgage repayment costs took their toll, the Halifax has reported.
  • UK consumer confidence 'slumps'
    UK consumer confidence has seen its biggest decline in three years during November because of higher interest rates and prices, a report says.
  • 3 step guide to cutting your monthly bills
    With sky high bills placing an ever increasing strain on our finances, here is our quick guide to freeing up some disposable income and getting control of your finances.
  • House prices 'face 2008 slowdown'
    House price growth is set to stall next year as the market witnesses a "significant slowdown", building society Nationwide has warned.
  • Republic of Ireland housing market in slowdown
    The number of new mortgages issued in Ireland fell 25% in the three months to the end of September, figures show.
  • Average NI house costs £250,000
    House prices keep on rising.
    The average house in Northern Ireland costs more than £250,000, according to the latest survey.
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