More million homeowners face jump mortgage payments of up 60% when fixed-rate deals end, risking spike repossessions, lenders have warned
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£500 mortgage shock as fixed rates expire - More million homeowners face jump mortgage payments of up 60% when fixed-rate deals end, risking spike repossessions, lenders have warned
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Finance Articles | |
Northern Rock dives as rescuer pulls out |
Home Nov, 2007 |
Northern Rock dives as rescuer pulls out - Northern Rock shares were meltdown today - plummeting by nearly 35% at one point after being temporarily suspended - as one prospective rescuer pulled out
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| Northern Rock dives as rescuer pulls out [11/20/2007 01:17 PM] |
Northern Rock shares were in meltdown today - plummeting by nearly 35% at one point after being temporarily suspended - as one prospective rescuer pulled out
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| £500 mortgage shock as fixed rates expire [11/20/2007 01:17 PM] |
More than a million homeowners face a jump in mortgage payments of up to 60% when fixed-rate deals end, risking a spike in repossessions, lenders have warned
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| Market report: Tuesday latest [11/20/2007 01:17 PM] |
11.15:It has been a tough time of late for stock-market investors, but their enthusiasm remains undiminished and the search for quality goes on
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| Darling faces furore over data scandal [11/20/2007 01:17 PM] |
Chancellor Alistair Darling will make a Commons statement for the second day running after the chairman of Customs and Revenue resigned today over a major breach of personal data security
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| Buy-to-let lender Paragon in credit crisis [11/20/2007 01:17 PM] |
Shares in Paragon, the UK's third-largest buy-to-let mortgage lender, crashed by 45% today as it admitted facing a Northern Rock-style funding crisis
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| DVDs beat CDs to No 1 at Christmas [11/20/2007 01:17 PM] |
With sales of movies exceeding chart singles, the traditional race to head the Top 40 on 25 December is no longer relevant to most consumers, according to a leading retailer
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| Mortgages up £2bn - but slowdown looms [11/20/2007 01:17 PM] |
Mortgage lending rose by almost £2bn in October as homeowners drew on homeloans agreed before the current banking turmoil struck - but lenders predict a slowdown ahead
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| EasyJet profits race ahead of Ryanair's [11/20/2007 01:17 PM] |
Profits at easyJet have soared 50%, helped by charging extra for speedier boarding and pushing hotel booking on its website
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| Savers flee to mutuals as Rock crumbles [11/20/2007 01:17 PM] |
| Building societies saw their biggest-ever inflow of cash last month as savers fled Northern Rock and turned to the security of old-fashioned mutual savings |
| Brewers call for duty cut as beer sales slump [11/20/2007 01:17 PM] |
Beer consumption in pubs has slumped to its lowest level since the Great Depression of the 1930s, say brewing bosses
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| Brown to bin the plastic bag [11/20/2007 01:17 PM] |
Gordon Brown signalled the end of the disposable plastic bag yesterday by suggesting cash incentives for retailers who offer green alternatives
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| Widow's anger at Rock £800 penalty fee [11/20/2007 01:17 PM] |
Widow Jean Heather has been charged £800 by the bank for withdrawing her savings - despite saying she was prepared to wait for her money
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| Crisis puts brake on sales at Barratt [11/20/2007 01:17 PM] |
Barratt Developments today cast further gloom over the housing market when it warned the boom was firmly over
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| Darling accused over 'secret' Rock loan [11/20/2007 01:17 PM] |
Alistair Darling came under attack in the Commons over a secret loan to struggling bank Northern Rock, and the risk of taxpayers losing cash
>> Rock shares plunge on poor bids
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| Housing threat to US economy [11/20/2007 01:17 PM] |
US Treasury Secretary Hank Paulson warned that the ailing housing market poses the 'most significant' risk to America's economy but insisted a recession could be avoided
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| The buyout rules that should hold no fears [11/20/2007 01:17 PM] |
| If private equity has as good a tale to tell, as it has often claimed, it surely has nothing to fear from Sir David Walker |
| Return of the credit crunch [11/20/2007 01:17 PM] |
| If Alistair Darling had hoped that his latest statement on Northern Rock might ease anxiety in the financial markets, he will be disappointed |
| 30 second guide to Oil Pricing [11/20/2007 01:17 PM] |
| The Daily Mail City desk looks at how the oil price is calculated |
| Midas, Interior Services Group; Umeco; Northern Rock [11/20/2007 01:17 PM] |
| Financial Mail's stock picker takes a look at Interior Services Group and Umeco, and says long-term Northern Rock shareholders could look on the bright side |
| Hetherington: British Gas menaces, APS Estate Agents [11/20/2007 01:17 PM] |
| Financial Mail's readers' champion discovers more incompetence at British Gas and a pensioner duped by APS Estate Agents in Preston |