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Committee to look into repayment difficulties

The Treasury Committee is to carry out an inquiry following its Mortgage Arrears and Access to Mortgage Finance report, published last July. This will look into why borrowers are struggling with mortgage payments and what is being done to help them. The deadline for submissions is March 1, with oral evidence sessions planned for later that month.

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Savills gets into express bridging

Savills Lending Solutions is laun-ching an express bridging product funded by Lowry Capital. An express bridge is aimed at customers who need to complete on bridging loans quickly. An agreement can be put in place guaranteeing completion within five working days, up to 70% LTV. Rob Jupp, director of SLS, says it receives a lot […]

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CAN YOU HAVE A POP TO WIN THIS POSH MONTBLANC ROLLERBALL PEN?

Leeds Building Society continues its good work raising money for worthy charities Can you put the boot in to your nearest and dearest to win this super-stylish pen? Submit a witty caption for the photo above and you will be automatically entered into our prize draw. Remember, the funnier it is, the more likely you […]

King warns of bumpy recovery

Unveiling the quarterly Inflation Report today, Bank of England governor Mervyn King said the UK economy would continue to “bump along the bottom” as inflation exceeds 3%.

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