Around 15,000 savers with the UK arm of stricken Cypriot bank Laiki will have their deposits protected under British rules and will escape the Cyprus banking levy, it was announced today.
House prices recorded an annual increase this month for the first time in more than a year, with some areas of the UK showing strong signs of recovery, according to Nationwide.
Private rents in England and Wales fell slightly for the fourth month in a row in February, as a more vibrant sales market eased some of the strain on housing, a lettings network says.
Tenants facing soaring rents are resorting to drastic measures such as using payday loans and dipping into their children's savings just to hang on to their homes, a charity warned today.
UK house sales reached their highest level in more than two and-a-half years last month as confidence continued to return to the market, surveyors said today.
A leading MP has urged the regulator to investigate whether Bank of Ireland is guilty of mis-selling after it announced plans to hike 13,500 customers' base rate tracker mortgages, even though the base rate hasn't moved for four years.
8 March 2013
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