Property Investment News and Analysis from Dominic Farrell.
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View Article  Brokers predict strong growth for 100% LTV mortgage

Research by Alliance & Leicester Mortgages reveals that more than three quarters (78%) of brokers predict the 100% plus LTV mortgage and personal loan market will grow within the next two years.

Overall, brokers expect business volumes in the combined mortgage and personal loan market to grow by 9.4 per ...   more »

View Article  Think before you sign – Government issues flood insurance warning

Floods Recovery Minister John Healey has urged people in flood-hit communities to seek free and impartial insurance advice before signing up with third parties who offer to help settle insurance claims.

Publishing information setting out how people can access free insurance advice he warned that accepting help from third parties ...   more »

View Article  UK economy grows for 60 consecutive quarters

The Office of National Statistics will NS will this week publish its preliminary GDP estimate for 2007 Quarter 2. These figures are expected to confirm that the UK economy has grown for an unprecedented 60th successive quarter. 

No other OECD economy can match the UK's unbroken 15 years of positive ...   more »

View Article  CML reports highest mortgage lending on record

Gross mortgage lending reached a new record of £34.2 billion in June - up from £31.4 billion in May - according to data from the Council of Mortgage Lenders. This is due to seasonal effects and borrowers’ response to higher interest rates. Although lending in June was up by 9% ...   more »

View Article  Fed raises stagflation fears

Ben Bernanke, the chairman of the US Federal Reserve, has painted a gloomy picture of slowing growth and rising inflation, causing a sharp sell-off on Wall Street as investors sniff a nasty whiff of stagflation.
  
Ben Bernanke cut his 2007 growth forecast from an upper ceiling of 3pc to ...   more »