Nationwide has launched a 25-year fixed-rate mortgage following the Chancellor's announcement on Tuesday that the Government wanted to see more long-term fixed-rate mortgages as part of a strategy to improve affordability of housing.
The mortgage industry is warning the Government to carefully consider proposals to increase fixed-rate terms, arguing such a move could have serious repercussions for homeowners.
The Chancellor, Alistair Darling, says he is concerned that mortgage brokers have a built-in incentive to sell short-term fixed-rate loans, and this is a major cause of Britain's housing crisis.
I was settling into my aircraft seat recently - an exit row aisle seat so with a little extra legroom - when I noticed Gordon Brown coming in through the door.
Flying down to London this morning I was in need of something to read and grabbed a complimentary copy of the Daily Express. In its pages was the ongoing campaign against the so-called "death tax".
December 6th is celebrated in many countries as St Nicholas' Day. In the Netherlands, children traditionally leave their shoes out for St Nicholas' annual visit, with the well-behaved children receiving presents in return for food left for St Nicholas'...
Employers will have to take more responsibility for ensuring staff are suitably skilled to handle the jobs they do by allowing employees to take the required time out of the work environment, says the Chancellor Gordon Brown.
The Chancellor has announced plans to scrap stampd duty land tax on new build properties with a zero carbon rating for "a time limited period."
Chancellor Gordon Brown has just confirmed early in his 2006 Pre-Budget Report Isas will continue to exist to 2010 and beyond.
The Chancellor Gordon Brown is due to give his 10th Pre-Budget report this afternoon starting at around 12.30pm.