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Reluctant Landlords (2): My experience

16:32 | 21 Aug 2008 | By Lorna Bourke

Rents have already been static or falling for some years, says Lorna Bourke. Are reports true of increased supply forcing them down further?

Rate Watch: the best rates for mortgages, credit cards, savings and loans

12:44 | 21 Aug 2008 | By Lorna Bourke

FSA fines 5 car dealers £175,000 over PPI

11:42 | 21 Aug 2008 | By Colin McClelland

The Financial Services Authority has fined five car dealerships more than £175,000 in total for putting more than 2,000 customers at risk of buying unsuitable payment protection insurance, but it gave them a 30% discount for co-operating.

Scottish mortgage lending falls sharply, but not as much as in England

11:39 | 21 Aug 2008 | By Tony Bonsignore

Mortgage lending in Scotland down by 34%, compared with UK average of 46%.

E.ON hikes gas bills by 26%

11:05 | 21 Aug 2008 | By Tony Bonsignore

More than 4 million customers face sharp rises in gas and electricity bills from tomorrow as E.ON follows other suppliers in hiking rates.

Personal accounts 'may kill off some small businesses'

09:30 | 21 Aug 2008 | By Maryrose Fison

Personal accounts could be a disaster waiting to happen that will finish off small companies struggling in the economic meltdown

HBOS job cuts 'have been expected for years'

00:01 | 21 Aug 2008 | By Iain Martin

HBOS’s plan to streamline its lending business with 425 job cuts and the closure of a mortgage brand was to be expected, at least one broker said.

Runner's High

00:01 | 21 Aug 2008 | By Linton Chiswick

There have been some outrageous examples of bullishness in the face of the housing slowdown.

Manufacturers' confidence hits seven-year low

16:02 | 20 Aug 2008 | By Tony Bonsignore

August industrial survey reading worst since 2001, Confederation of British Industry says.

Accountants announce break-up of Dawnay Day property empire

14:40 | 20 Aug 2008 | By David Campbell

Accountants appointed to administer the remains of the fallen Dawnay Day empire have said they are to break up and sell the company’s UK property portfolio.

Middle classes flock to Aldi, Iceland and Lidl

12:34 | 20 Aug 2008 | By Tony Bonsignore

Discount supermarkets increase market share while the big guns suffer, new research reveals.

Mortgage sales improve but still down 27%, says CML

10:34 | 20 Aug 2008 | By Richard Harris

Gross lending grew 5% in July according to figures from the Council of Mortgage Lenders, but a 27% year-on-year fall points to 'subdued' lending levels in this year's second half.

Want the cheapest quotes? Financial comparison websites may leave you confused

00:01 | 20 Aug 2008 | By Chris Marshall

Consumer group Which? found that it is sometimes cheaper to get a quote directly from the insurer and can be necessary to visit insurers’ own websites to get enough detail about a product.

Inflation threat to CTF vouchers needs action, warns The Share Centre

00:01 | 20 Aug 2008 | By Lorna Bourke

With inflation predicted to hit 5% soon, successive generations of children will lose out on their Child Trust Fund Vouchers unless they are index-linked, the Share Centre says

Reluctant landlords

00:01 | 20 Aug 2008 | By Lorna Bourke

Many homeowners are being forced to rent their homes rather than sell them. We look at the experiences of one such couple.

Market woes blight insurers' fortunes

14:46 | 19 Aug 2008 | By Edward Lander

Declining mortgage applications and onerous tax changes have taken their toll on bond and protection sales, the latest industry figures reveal.  

Regulator warns of scam targeting Pacific Continental shareholders

11:03 | 19 Aug 2008 | By Tony Bonsignore

At least ten bogus 'recovery firms' are cold-calling UK investors in the failed stockbroker, Financial Services Authority warns.

Morning Line: Could buy-to-let be the UK's subprime?

10:29 | 19 Aug 2008 | By Tony Bonsignore

Rental supply is increasing, while more amateur landlords are coming under pressure to sell. All is not rosy in the buy-to-let garden

Lettings market boom threatens rent recession

10:02 | 19 Aug 2008 | By David Campbell

Instructions to let property have rocketed to a record and threaten to create a rental slump as owners reluctant to sell into a falling market attempt to cover their mortgage costs.

Pay rises will worsen inflation, Bank of England member warns

09:43 | 19 Aug 2008 | By Chris Marshall

Inflation will only fall next year if people refrain from chasing inflationary wage increases, the Bank of England’s Tim Besley has warned.

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