Times Online logo Times Online 1 month ago

How to get a mortgage that is six times your salary

Homeowners have seen the mortgage market change seemingly irredeemably in the past two years, as lenders batten down the hatches and restrict the availability of deals. However, banks and building societies are more flexible than many borrowers realise. Full Article at Times Online

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  1. NATIONALISED North-East bank Northern Rock today cut its mortgage rates for the fourth time in just over a month. Full Article at The Northern Echo

  2. Northern Rock doubled its mortgage lending to £1 billion in the three months to the end of September. But it was very cautious with the average loan just 55% of the property's value - a far cry from the Together mortgages of up to 125% that crippled it. Full Article at Mirror.co.uk

  3. James Coney, Money Mail 4 November 2009, 9:27am These deals, which follow a lender's own standard variable rate (SVR), give banks and building societies more control over lending. Full Article at This Is Money

  4. Lenders have been making it slightly easier for borrowers to take out a mortgage, according to the financial information service Moneyfacts. Full Article at BBC News

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  1. A woman is reflected as she passes a branch of Northern Rock in London August 4, 2009.
  2. LONDON - FEBRUARY 18:  Chancellor of the Exchequer Alistair Darling leaves television studios in Westminster on February 18, 2008 in London. The Chancellor has announced the nationalisation of troubled bank Northern Rock.
  3. Shareholder Isobelle Frankland leaves after standing and speaking at an Extraordinary General Meeting at The Metro Arena, in Newcastle, north-east England, 15 January 2008.
  4. A logo of London branch of the British bank Alliance & Leicester is seen on July 14, 2008. Spain's biggest bank, Santander, said it had reached an agreement to buy British bank Alliance and Leicester in a deal worth 1.26 billion pounds (1.57 billion euros).

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