Posts Tagged ‘value’

Sharp rise in mortgage fraud

UK mortgage fraud rose sharply in the first half of 2010, according to KPMG. The accountancy firm’s “fraud barometer” registered 21 cases in the six months to the end of June, compared with 18 in the same period of 2009. More alarmingly, the value of the fraud rose to £96 million, up from £24 million [...]

UK housing assets double in value to £3,755bn

The total value of privately-owned homes in the UK has more than doubled over the past decade, new research from Halifax shows. The country saw a 118% surge, from £1,719 billion in 1999 to an estimated £3,755 billion in 2009, although the Retail Prices Index measure of inflation rose by only 29% during the same [...]

Equity release market primed for recovery

New data from Safe Home Income Plans (SHIP) suggest that the equity release market could be turning a corner.
In the second quarter of 2010, the value of advances slipped to £196.7 million but the decline was smaller than in the previous three month period.
Drawdown equity release proved to be the most popular course, [...]

Equity release market primed for recovery

New data from Safe Home Income Plans (SHIP) suggest that the equity release market could be turning a corner.
In the second quarter of 2010, the value of advances slipped to £196.7 million but the decline was smaller than in the previous three month period.
Drawdown equity release proved to be the most popular course, [...]

House purchase lending up 45%

House purchase lending increased by 45% in March, marking the ninth consecutive month of year-on-year growth, according to the Council of Mortgage Lenders (CML).
Loans for house purchase were up 25% in volume (45,000) and 24% in value from February but for the first quarter of the year as a whole, there were 112,000 loans [...]