heroes & Villains

November 2008
Mortgage Strategy;11/24/2008, p13
Trade Publication
The article presents the heroe and villain in the mortgage industry which was selected by the magazine for the third week of November 2008. Northern Rock PLc was considered as the heroe brought by generating an one-year fized rate of 3.99 percent. Meanwhile, Tim Besley was critized for supporting a vote to increase base rate on mortgage loans.


Related Articles

  • Together loan sees huge hike. Holt, Natalie // Mortgage Strategy;9/22/2008, p8 

    The article reports on the continued increase of mortgage rates in Great Britain. According to barrowers who hold Northern Rock PLC (NR) Together products, the rates will double in the unsecured portion of the controversial product. An unnamed broker explains that the unsecured loan rate reverts...

  • This week in...  // Mortgage Strategy;1/26/2009, p10 

    The article highlights the events which occurred on the last week of January 2002-2008 in the mortgage loan industry in Great Britain. In 2002, The International Committee on Banking Supervision looks at changes in capital rules. The Consumers Association demands for a financial advice network...

  • Northern Rock increases lending by 17% in year before Virgin buyout. Thomas, Paul // Mortgage Strategy (Online Edition);6/27/2012, p3 

    The article reports on the 17 percent increase registered by Northern Rock's gross mortgage lending in 2011 which is the final year under British government ownership.

  • We will fulfil our £l4bn promise, says Northern Rock.  // Mortgage Strategy;3/15/2010, p6 

    The article reports on the move of Northern Rock PLC to meet its pledge to provide 14 billion pounds in new mortgage lending in 2009/2010 in Great Britain.

  • £4.2bn gross lending by Northern Rock in 2010 is lower than pledged. Thomas, Natalie; Dale, Samuel // Mortgage Strategy;3/14/2011, p10 

    The article reports on the gross mortgage lending of 4.2 billion pounds gained by Northern Rock PLC in 2010, which is lower than the pledged 14 billion pounds of lending from 2009-2010.

  • Rock offers fixed mortgages with personal loan option. Cammidge, Adrian // Money Marketing;10/31/2002, p22 

    Reports that Great Britain-based Northern Rock is expanding its mortgage range with four fixed-rate products.

  • Lender fees complicate brokers' jobs. Paterson, Kevin // Mortgage Strategy;4/2/2007, p66 

    The author reflects on the development in the mortgage industry in Great Britain. He asserts that the increasing charges of lenders on certain deals destroys the market and perplexes the job of brokers. He presents as a case in point the deal he came across with Northern Rock PLC which charges...

  • market watch.  // Mortgage Strategy;3/23/2009, p12 

    The article presents an analysis on the fluctuation of mortgage interest rate swaps in March 2009 in Great Britain. Northern Rock PLC's two-year fixed rate increased to 65%, while Nationwide Home Mortgage Co. has risen its two and three-year rates. Libor rate has grown by 1.81% for three months...

  • INTERMEDIARY RESPONSE. McCully, Paul // Mortgage Strategy;4/2/2007, p71 

    The article discusses the response of Smart Mortgage Processing director Paul McCully to a letter sent by a reader asking for an advice about the best rate of tracker and fixed rate mortgages. He said that the lifetime tracker offered by Northern Rock PLC, which has a base rate of 0.04%, is a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics