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Mortgage bills to soar as fixed deals end

This is Money | Mortgages & homes — Mon, 04 Aug 2008 14:43:20 +0000

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

House prices ‘to rise 25% in five years’

This is Money | Mortgages & homes — Mon, 04 Aug 2008 14:43:14 +0000

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

Record 8.1% fall in house prices

This is Money | Mortgages & homes — Mon, 04 Aug 2008 14:43:08 +0000

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

Seven steps to buying a home at auction

This is Money | Mortgages & homes — Mon, 04 Aug 2008 14:43:03 +0000

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

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

This is Money | Mortgages & homes — Mon, 04 Aug 2008 14:42:47 +0000

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

Fortis profits tumble on fresh writedowns

FT.com - Financial Services — Mon, 04 Aug 2008 12:43:00 +0000

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

FT.com - Financial Services — Mon, 04 Aug 2008 12:33:00 +0000

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

FT.com - Financial Services — Mon, 04 Aug 2008 12:26:00 +0000

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

This is Money | Saving & banking — Mon, 04 Aug 2008 11:15:46 +0000

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

Foreign banks hit back on savings

This is Money | Saving & banking — Mon, 04 Aug 2008 11:15:41 +0000

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