Paragon sales rise 47% in 'buy to let' boom
The "buy to let" mortgage boom has boosted first-half profits at Paragon by 32% to ?14.7m. Eight years ago the company, under its former name of National Home Loans, almo...
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A&L shows that it's tough as a minnow
The rush of blood in the banking sector prompted by the proposed merger between the Bank of Ireland and Alliance & Leicester is certainly overdone. This is not the iconic...
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Lenders say rate cuts are enticing home buyers
Demand for home loans has been boosted by successive cuts in interest rates since the autumn, according to figures released yesterday.
The start of the house-buying sea...
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Grand national strategy
Social housing has climbed up the political agenda. While we no longer have the targets
of 400,000 new council houses per year of the 1960s, we do have the recognition b...
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Highway robbery
It happens in different ways. A mate asks for a favour, maybe just a few crates of fags. A boss at the depot offers a chance to make some real money, in return for a blin...
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Inflation falls below Government target
Inflation has dropped back below the Government's target rate, according to official figures published today.
Underlying inflation in April fell to 2.4% - just below t...
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Hope for repossessed
Cases starting to trundle through the legal system could stymie mortgage lenders' rights to chase repossessed borrowers for 12 years after losing their home.
Tens of th...
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First tracker home loan launched
Norwich Union is to enter the mortgage market on Monday with the first loan guaranteed to be no more than 0.85% above the Bank of England base rate.
The base rate track...
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Darling acts in MyTravel crisis
MyTravel, the country's second largest package holiday operator, said continuing talks to refinance debts of almost £500m were "progressing well" yesterday after it ...
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Cash and skills but at what cost?
The Private Finance Initiative is being used to help the government rebuild the country's public sector infrastructure. Supporters claim it brings private sector cash, sk...
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