What You Should Know About Equity Release Mortgages
February 22, 2008
Finding the best equity release mortgage to fit your circumstances as a home owner is a task that can seem quite daunting. After all you are releasing equity from your home which is your primary asset. It is the reason you are considering this form of finance. You want to know how to go about [...]
Are They Playing With Our Money
January 30, 2008
Are the Treasury, Bank of England and FSA playing with our money again? What’s more will we know what they are doing? Under proposals announced today banks in trouble could get emergency loan assistance but the BoE wouldn’t have to declare it straight away. A period of “non-disclosure” is proposed to lessen the impact on consumer confidence.
Northern Rock Relieved of Equity Release Portfolio
January 12, 2008
Northern Rock announced yesterday that it has agreed to sell its portfolio of Lifetime home equity release mortgages to JPMorgan. The move will help pay back some of its loan to the Bank of England. Northern Rock has agreed to keep running the portfolio of equity release mortgage products on behalf of JPMorgan. Equity Release [...]