Breaking NEWS!

15th APRIL 2008

Specialist lender GMAC announce jobs cuts of 280 employees due to the ongoing problem of the UK mortgage market.

10th APRIL 2008

The Bank of England cuts base rate to 5%

9th APRIL 2008

The International Monetary Fund (IMF) has predicted losses connected to the sub-prime crisis of $1 trillion.

14th MARCH 2008

BM Solutions has confirmed that all self-certification sub-prime mortgages will be pulled from Sunday.

13th MARCH 2008

The Chancellor has announced during the Budget 2008 that he is to publish a report on the benefits of long-term fixed rate mortgages, and has invited contributions from the industry on how to promote the products.

Darling said he wanted to see an increase in choice of such deals for home buyers, as they helped buyers not only get on, but stay on, the housing ladder.

 

 

 

 

 

 

 

 

 

 

 

Rainbow is a trading style of Havering Financial Consultancy who is an appointed representative of Intrinsic Financial Planning Limited which is authorised and regulated by the Financial Services Authority.