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Economic Tracker: September 2011

Our monthly economic tracker provides data and expert commentary on the health of the housing market

 

 

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The Vickers Report and the mortgage market

There is naturally a major focus in the media today on the Vickers Report but it is important to recognise that the proposals, which the chancellor George Osborne has already accepted, don’t have to be fully implemented until 2019, the same deadline as for the previously announced Basel 3 regulatory changes.

NBNK eyes Clydesdale and Yorkshire banks

New banking venture NBNK is looking to acquire Yorkshire and Clydesdale banks to use as a platform to buy the branches Lloyds Banking Group has been forced to sell.

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  • Kenny Syme 16th September 2011 at 12:10 pm

    some lenders do have products on offer at 95% ltv which is great news for first time buyers, why do those lenders not allow those products in Scotland?