Fury after Halifax pulls mortgages with less than 40 per cent deposit

Fury as Halifax stops offering mortgages to buyers without 40 per cent deposits and Government advises people to delay completion dates as housing market is ‘virtually suspended’ amid coronavirus crisis Buyers urged to postpone moving in as the Government says not to move house Banks had lobbied ministers for a full freeze on the property … Read more

Halifax and Barclays scrap new mortgages below 40% deposit

Two of Britain’s biggest banks have pulled new mortgages for all but those with the biggest deposits or sizeable equity in their homes. Barclays and Halifax have both stopped selling all mortgages above 60 per cent loan-to-value this week, as the housing market grinds to a halt amid the coronavirus outbreak.  The move triggered by … Read more

Punjab govt slashes security deposit for rice millers

By: Express News Service | Chandigarh | Published: October 10, 2019 5:45:04 am Due to shortage of space, if the miller is not able to deliver rice, he would not have to pay any interest, the food minister said. (Express) The Punjab government Wednesday slashed the security amount to be deposited by the rice millers … Read more