Mortgage bills to soar as fixed deals end

August 4th, 2008

Falling house prices mean those coming off fixed deals may soon see monthly costs soar by 40%

Lynda & Ian Lewis outside their house

House prices ‘to rise 25% in five years’

August 4th, 2008

A shortage of UK property will push up prices by 25% in five years, according to research commissioned by British housing associations

Estate agents

Record 8.1% fall in house prices

August 4th, 2008

House prices are falling faster than the Nineties crash, down 8.1% on a year ago, says Nationwide

Nationwide bank branch

Seven steps to buying a home at auction

August 4th, 2008

With only half of properties put up for auction actually selling, buyers may be tempted by the prospect of a bargain home. Find out how to go about it

auctioneer's hammer

Buy-to-let hit as rents fall by 20%

August 4th, 2008

Rents are falling by 20% across London as landlords are forced to slash prices because of over-supply

Harbour Reach

Fortis profits tumble on fresh writedowns

August 4th, 2008

Fortis, the stricken Belgo-Dutch financial group, saw its first-half profits tumble by 41 per cent as a second wave of writedowns further depleted its stretched balance sheet

ICE boosted by volatile energy markets

August 4th, 2008

Intercontinental Exchange, the electronic exchange group, on Monday reported the second strongest quarter in its history, benefitting from volatile energy markets as companies sought to hedge against spiralling oil prices by buying futures contracts or increasing their use of over-the-counter trading

HSBC hails ‘resilient’ performance

August 4th, 2008

Stephen Green, chairman of Europe’s largest bank , said the first half of this year had been the most difficult for ’several decades’ as HSBC reported a 28% fall in pre-tax profits amid continued losses from the turmoil in markets

Why millions are just 11 days from ruin

August 4th, 2008

More than a third of adults could survive financially for only 11 days if they were to lose their job or be too ill to work

Woman in debt, bills, statement

Foreign banks hit back on savings

August 4th, 2008

Foreign banks have regained their stranglehold again on the UK savings market this week with two impressive rate rises

Kaupthing bank Iceland