UK Mortgages rates and deals

January 29, 2009

Watchdog slams Treasury on Equitable

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 6:11 pm

Ministers were accused by a top watchdog of twisting words and being disrespectful in their handling of the Equitable Life case, in which up to 1m policyholders face a further uncertain wait for any compensation

House prices ‘fell 13.5% in 2008′

Filed under: General Business — Phill Taylor @ 12:11 pm

House prices in England and Wales fell by 13.5% in 2008 according to figures from the Land Registry.

Xstrata launches £4bn rights issue

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 12:11 pm

The Swiss-based mining group launched a £4.1bn rights issue on Thursday to pay down debt and finance the acquisition of Prodeco Business, a thermal coal group, from Glencore, the Swiss commodities trader and Xstata’s largest shareholder, for $2bn

What investors can learn from Obama’s optimism

Filed under: General Business — Cindy Smith @ 12:11 am

Keep this in mind as we work through hard times: America, and the market, will prosper in the long run.

Xstrata poised for large rights issue

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 12:11 am

Shares in Xstrata tumbled on Wednesday on intense speculation that the Swiss mining group is on the brink of launching a large equity fundraising

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