However prices remain 4% below their 2007 peak
Nationwide Building Society
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Wednesday 12 August 2009
Saturday 01 August 2009
A new name for Nelson's county?
Wednesday 29 July 2009
House prices in England and Wales rose in June for the first time in 18 months, official figures revealed yesterday in further evidence that the housing market may finally be bottoming out.
Saturday 11 July 2009
Negative equity mortgages hit the headlines again this week after it was revealed that the Nationwide building society is offering loans of up to 125 per cent to some of its borrowers. While many commentators' first reaction was to hold their hands up in horror at the fresh example of imprudent lending, the mutual's move is actually an example of a sensible approach to helping borrowers in these times.
Friday 10 July 2009
Outlook Good for Nationwide Building Society, both for having the nous to see that there is a part of the housing market that could benefit from being offered 125 per cent loan-to-value deals, and for having the nerve to market such products, which could see the mutual end up on the wrong end of some critical headlines.
Friday 10 July 2009
Despite house prices declining by around a fifth from peak levels in the autumn of 2007, first-time buyers are turning to the "Bank of Mum and Dad" in increasing numbers to get on to the housing ladder.
Wednesday 24 June 2009
Thursday 11 June 2009
The West Bromwich Building Society is poised for a rescue deal within days, it was reported today.
Saturday 30 May 2009
It's been a week dominated by complaints. The Financial Ombudsman Service – the government organisation that rules on people's disputes with banks, insurers, and other financial firms – published its annual report, which made for interesting reading. It came as no surprise that the number of new complaints received by the service topped 130,000. Let's face it, there's been plenty to complain about in the past year.
Saturday 30 May 2009
The outlook for the battered property market remains bleak despite the 1.2 per cent house price rise in May that was revealed by the Nationwide building society yesterday.
Wednesday 27 May 2009
Friday 01 May 2009
House prices are still falling – but at a slower rate, according to the latest figures from the Nationwide Building Society and the Land Registry.
Monday 30 March 2009
The taxpayer sank more than £1.6 billion into the rescue of Dunfermline Building Society today as the Prime Minister branded the stricken mutual the "author of its own mistakes".
Friday 27 February 2009
Sunday 15 February 2009
Paul Moore, like the ancient Cassandra, was always doomed to be ignored. HBOS was caught in the same mad mindset as almost every other major corporate player in banking and beyond.
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