Fixed Rate Mortgages
Fixed rates become less popular than ever
The popularity of fixed rate mortgages declined even further in November, with only just over a fifth of John Charcol clients - 21.3% - choosing a fixed rate.
New mortgage helps borrowers with Stamp Duty rise
Yorkshire Building Society is launching a new fixed rate mortgage to help home-movers cover the cost of the increase in Stamp Duty.
Leeds Building Society well placed with mortgage products
Following yesterday's figures from the Council of Mortgage Lenders (CML) that 55,000 mortgages were taken out for purchases in October, Leeds Building Society is well placed, with market leading and best buy mortgage products, to offer people looking to buy or move some great offers.
Abbey launches new fixed rate mortgages
From Friday 11 December, Abbey will once again lower some of its fixed rate mortgage range as it plays its part in helping to rejuvenate the number of competitive products available to homebuyers and remortgage customers. In addition Abbey will also launch new three year and five year fixed rate mortgage products.
L&G Mortgage Club adds Newcastle Building Society
Legal & General Mortgage Club has added Newcastle Building Society to its panel of lenders and will be launching a range of semi-exclusive mortgages, all with a maximum loan-to-value of 80%.
Nationwide cuts rates on fixed and tracker mortgage deals
Nationwide Building Society cuts fixed and tracker rates on selected house purchase products. With effect from Friday 11 December 2009, the mortgage product range available from Nationwide will include the following:
Christmas comes early for fixed rate mortgage borrowers
Drew Wotherspoon, of John Charcol, the UK's leading independent mortgage adviser says, "The raft of fixed rate reductions being made across the mortgage market this week are undoubtedly going to be a welcome Christmas present for anyone who has been holding out for a fixed rate deal.
Big names slash mortgage rates
Mortgage lenders have continued to cut fixed rates, causing the average two year fixed mortgage rate to continue to tumble.
Yorkshire BS launches new first-time buyer mortgages
Yorkshire Building Society is launching two new first time buyer mortgages offering a 3 year fixed rate product at 5.84% and a 5 year fixed rate product at 5.99%. Both mortgages are available up to 85% loan to value (LTV) and have free valuation and legal fees, £500 cashback and there are no upfront fees.
New rates from Post Office mortgages
The Post Office has changed the rates on its tracker, fixed rate and buy to let mortgages, with immediate effect.
Accord cuts fixed rates in semi-exclusive range
Accord is further improving its range of semi-exclusive products with rate and fee cuts from today (Friday, 4 December).
Abbey lowers rates on high LTV fixed rate mortgages
From Friday 04 December, Abbey is to lower fixed and variable rates on some of its high Loan to Value (LTV) mortgage products. The changes will mean that Abbey are now offering some of the most competitive high LTV products in the market, available through both Abbey and Alliance & Leicester branches.
100,000 move home to escape neighbours from hell
Almost 100,000 people moved home in the last two years in order to get away from their neighbours, according to new research by Abbey Mortgages, which analysed the reasons why people with mortgages move home.
Leeds BS offers best buy 5-year fixed rate mortgage range
Leeds Building Society has re-launched its 5 year fixed rate mortgage range, starting with a best buy product at only 4.75% up to 75% LTV.
Lenders target short term deals
Lenders have become accustomed to the post banking crisis world: indeed, the signs from the mortgage market indicate that credit conditions are easing and that lenders are more willing to lend.