Mortgages
Leeds cuts rate on market leading 5-year fixed rate mortgage
Leeds Building Society has reduced the rate on its 5-year fixed rate mortgage, available between 70% and 80% loan to value (LTV), by 0.10% to only 3.19%.
Gross mortgage lending rises in April
The Council of Mortgage Lenders estimates that total gross mortgage lending increased by 4% on March to £12.1 billion in April, but cautions that meaningful comparisons with last April are difficult.
New 5 year fixed rates from Keystone Buy to Let Mortgages
Keystone Buy to Let Mortgages has comprehensively improved its offering with new products, rate and fee reductions, and criteria and service enhancements.
Customer misconceptions about equity release still strong
Advisers active in the equity release sector are still having to work hard to allay a significant number of misconceptions held by clients about the products when they offer their advice and recommendations on the choices available.
More borrowers favouring longer-term fixes
New evidence supports Yorkshire Building Society's findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
First-time buyer activity up again in March
First-time buyer activity remained strong in March with the number of first-time buyers increasing by 20% according to data published by the Council of Mortgage Lenders.
Mortgage range ‘doesn’t meet customer needs’
Just one in five people believe the current range of mortgage products provide enough choice and differentiation to meet customer needs, according to new research from housing investment and equity loan provider, Castle Trust.
Clydesdale and Yorkshire Banks lower fixed rate mortgages
Clydesdale and Yorkshire Banks have introduced new lower fixed rate mortgages.
Retirees manage mortgage and personal debt of £105bn
The UK's retirement nation collectively manages mortgage and personal debt to the tune of £105.5bn, according to research from MGM Advantage.
first direct cuts rates across mortgage range
first direct has responded to market movements and will further reduce rates on over 85% of its mortgage range by up to 50 basis points.
Buy-to-let sector continues to grow
Gross mortgage lending of £4.2 billion across 33,500 mortgages was advanced to buy-to-let landlords in the first quarter of 2013, according to latest survey data from the Council of Mortgage Lenders.
New peer to peer mortgage launches for buy to let investors
Peer-to-peer lender Assetz Capital has launched 'Lend to Let', the first P2P buy-to-let mortgage, providing loans for overseas buy to let investors struggling to secure mortgages on UK property.
250,000 over 50s say they will have to sell home to pay off mortgage
While most young people are struggling to get on the property ladder, some over 50s are clinging on to the last rung.
Leeds reduces first time buyer mortgage by up to 0.50%
Leeds Building Society has reduced the rate on its 5 Year Fixed Rate Local Authority Mortgage Scheme (LAMS) mortgage by 0.50%, to 4.99%, which is available up to 95% LTV.
Coventry extends range of Offset and Flexx for Term mortgages
Coventry Building Society has extended it's highly competitive range of Offset and Flexx for Term options.