| Mar 10: The upside of having a mortgage in retirement (source: Telegraph) |
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Paying off a mortgage before retirement is not always the best idea.
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| Mar 10: Bank of England's Adam Posen dismisses fears of a sterling crisi (source: Telegraph) |
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Adam Posen, who helps set interest rates at the Bank of England, has dismissed
fears of a calamitous drop in the pound, adding that as an American he's
'comfortable' getting paid in sterling.
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| Mar 10: Northern Rock defends bonuses despite loss (source: Telegraph) |
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Northern Rock chief executive Gary Hoffman has defended paying staff bonuses
despite the mortgage lender failing to make a profit last year.
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| Mar 9: House price rises 'to ease off' (source: BBC) |
| Further rises in house prices may be held back by more properties coming onto the market, surveyors have said. |
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| Mar 9: NI house prices 'still falling' (source: BBC) |
| There is no hope of a rapid revival in Northern Ireland house prices, the Royal Institution of Chartered Surveyors warns. |
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| Mar 9: BAA keeps roof on with mortgages (source: Telegraph) |
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TO LET. Chocolate box four bed in Essex. Well situated for local airport.
Particularly suit hard of hearing.
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| Mar 8: Record start to the year for investment funds (source: Telegraph) |
| Investment funds enjoyed a record-breaking January as low interest rates caused consumers to look for alternative homes for their cash, new figures show. |
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| Mar 8: Mortgages 'more easily available' (source: BBC) |
| The number of mortgage deals on offer to borrowers rose by 6% in the past month, according to Moneyfacts. |
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| Mar 8: Bovis swings back into profit (source: Telegraph) |
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Housebuilder Bovis Homes swung back into profit last year after a calamitous
2008, as it forecast that house prices are likely to be stable this year.
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| Mar 8: Mortgage rates fall as new fixed-rate deals launched (source: Telegraph) |
| Mortgage rates have continued to fall with the launch of two new market-leading deals. |
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| Mar 4: Bank keeps interest rates on hold (source: BBC) |
| The Bank of England has kept the cost of borrowing at a record low of 0.5% for the 12th consecutive month. |
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| Mar 4: Bank of England leaves interest rates at record low (source: Telegraph) |
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The Bank of England has left interest rates at a record low level as it keeps
support in place for the fragile recovery.
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| Mar 4: Eurozone rates maintained at 1% (source: BBC) |
| The European Central Bank keeps eurozone interest rates on hold at a record low of 1% for the 10th month in a row. |
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| Mar 4: MPC unlikely to extend QE as services sector growth eases econom (source: Telegraph) |
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The Bank of England is also expected to keep interest rates at a record low of
0.5pc.
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| Mar 4: Bank to announce interest rates (source: BBC) |
| The Bank of England is likely to keep the cost of borrowing at a record low of 0.5% for the 12th consecutive month. |
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| Mar 4: UK house prices 'dropped by 1.5%' (source: BBC) |
| UK house prices recorded their first monthly fall since June, with a 1.5% drop in February, according to the Halifax. |
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| Mar 4: UK house prices 'dropped by 1.5%' (source: BBC) |
| UK house prices recorded their first monthly fall since June with a 1.5% drop in February, according to the Halifax. |
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| Mar 4: Nine million savers see 'severe drop' in income (source: Telegraph) |
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More than nine million savers have seen a "severe" drop in their income since
the Bank of England cut interest rates to their lowest level exactly one
year ago, it has been disclosed.
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| Mar 3: Home ownership 'set to decline' (source: BBC) |
| The proportion of people who own their own homes is likely to keep on falling, the Council of Mortgage Lenders says. |
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| Mar 3: Home owners being restricted with loans based on future interest (source: Telegraph) |
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Home owners are being restricted in the amount they can borrow based - for the
first time - on future rate rises.
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