Mortgages
8 out of 10 borrowers could be better off with a Northern Rock mortgage
Research undertaken by Northern Rock has revealed that many UK mortgage borrowers coming to the end of their fixed rate deal could be better off if they took a mortgage with Northern Rock, even if they only have 20% equity.
Skipton offers home buyers a mortgage decision in minutes
Skipton is making it even easier for would be property purchasers looking for a mortgage, by launching a Decision in Principle (DIP) facility via its website.
Barclays introduces 90 per cent LTV mortgages with zero fees
Barclays, through its mortgage arm Woolwich, is extending its range of fixed rate mortgage deals to 90 per cent loan to value (LTV) from tomorrow, including a competitive fee-free three year fixed rate at 4.99 per cent.
Lloyds TSB launches new no fee 2-year fixed rate mortage deal
Lloyds TSB has this week reduced its 2-year fixed rate fee free home mover mortgage product to its lowest rate this year, making it one of the best buy 2-year fee free deals on the market.
The Co-op launches market leading 5-year fixed rate mortgage
The Co-operative Bank has a new reward for customers with the launch of its 5-year fixed mortgage exclusive to current account holders.
Rising inflation heaps stress on Brits as bills continue to rise
Today's announcement by the Bank of England that inflation hit 5.2 per cent in September, the highest level for three years, adds further pressure to the many households across the UK that have been struggling with the rising cost of living - with rising energy and food bills hitting wallets particularly hard.
Direct lender mortgage deals account for 81% of lowest rates
Direct mortgage lenders have continued to dominate best buy tables in the past year, with 81% of the market leading rates being offered directly by providers.
New lower rates for first time buyer mortgages
Clydesdale and Yorkshire Banks have announced new lower rates for their range of competitive mortgages for first time buyers.
HSBC commits to lend £350m to high LTV borrowers this year
HSBC - which has provided a mortgage to one in eight first time buyers (FTBs) during 2011 - commits to making a further £350m available to borrowers with equity or a deposit of 15% or less. A minimum of £250m will be reserved for FTBs in this bracket by the end of the year. Maximum loan to value is 90%.
Northern Rock staff star in campaign to help bring mortgages to life
Building on the success of the helpful video guides available on its award winning mortgages website, and its recent ad campaign featuring genuine customers, Northern Rock has now placed its own staff in a starring role.
The Co-op cuts fixed rate mortgage range by up to 0.6%
The Co-operative Bank is re-launching its fixed rate mortgage range this Friday (October 14), seeing rates cut by as much as 0.6% (60 basis points).
Chelsea Building Society to enter offset mortgage market
Chelsea Building Society today announces that it will enter the offset mortgage market providing competitive and innovative mortgages to borrowers through its branch network, telephone and online channels.
Buy to let mortgage rates fall
Defaqto data shows that average rates for 2, 3 and 5 year fixed rate and 2 year base rate tracker buy to let mortgages at 75% Loan-to-Value (LTV) have dropped markedly since September 2010, and that average arrangement fees have also fallen for several types of buy to let mortgage.
Lenders must consider bonus and commission, say intermediaries
More than a quarter of mortgage intermediaries say over half of their clients receive regular bonus or commission that they would like to be considered by a lender to boost their affordability assessment.
Chelsea boosts best buy mortgage choice
Chelsea Building Society is expanding its range of best buy mortgages with new products to offer borrowers even more choice.