Fixed Rate Mortgages
Abbey increases LTV on all fixes from 60 to 70 per cent
From Friday 15 May, Abbey is increasing the loan-to-value on all its popular 2, 3 and 5-year fixed rate mortgages that had been available at 60 per cent LTV to 70 per cent LTV. The new deals will have the same price but by increasing the LTV, will be accessible to more borrowers.
Alliance & Leicester offers help for homebuyers
Alliance & Leicester Mortgages has launched a best-buy first time buyer only mortgage at 85 per cent LTV. The new deal, a 3-year fix at 5.99 per cent with no fee is for all first time buyers and includes the Homebuyer solution (a free valuation) and has a maximum loan size of £250,000.
Coventry cuts rate on 5 year fixed mortgage
The Coventry has reduced the rate on its 5 year residential mortgage by 0.2% to 4.49%. The offer is highly competitive and includes a free valuation up to £640 and a free legal package for those wishing to remortgage.
Lowest fixed rates in a decade
Millions of homeowners risk missing out on the best fixed rate deals by delaying tying into a new deal now.
Woolwich cuts mortgage rates
For customers looking to fix their mortgage rate, the cuts mean they can sign up for two years at 3.69 per cent (a reduction of 0.40 percentage points for loans up to 70 per cent loan to value) and 4.99 per cent for loans up to 80 per cent loan to value (a reduction of 0.70 percentage points).
Abbey launches the lowest fixed rates in 10 years
The number of homeowners who believe that the base rate has fallen as low as it will go has more than doubled over the past two months showing now is definitely the time for borrowers to fix in and guarantee certainty of their monthly payment, especially if they are looking for a longer term fix, according to research from Abbey Mortgages.
Leeds launches new 5 and 10-year fixed rate mortgages
Leeds Building Society has launched a range of highly competitive 5 and 10-year fixed rate mortgages available from only 4.99%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year, without penalty.
Looking beyond the headline rate
Britain's second largest building society is encouraging borrowers to look beyond the headline rate when it comes to choosing a fixed rate mortgage.
Abbey launches market leading four-year fix for first-time buyers
On Friday 3 April, Abbey is launching a four-year fix at 5.84 per cent exclusively for first-time buyers, available up to 85 per cent LTV and with a fee of £495.
Existing customers come first at Britannia
Britannia is putting its members first, yet again, as it reduces the rates on its three year fixed-rate mortgages by up to 25 basis points.
John Charcol: Time to buy a fixed rate
The marked change of mood this week has pushed yields back up, to such an extent that 5 year gilts now yield a little more than prior to the Q.E. announcement, although yields on some of the longer dated maturities are still well down on the month.
Lloyds TSB launches market leading fixed rates
Lloyds TSB will launch a range of market leading fixed rates for homebuyers and remortgagers. Available from Monday (23rd March), rates will start at 3.29%. Stephen Noakes, commercial director of mortgages, Lloyds TSB said: "We're launching this market leading range at a time when research suggests homebuyers are increasingly looking to return to the market.
first direct launches new fixed rate offset mortgage
first direct has launched a new market leading two-year fixed rate offset mortgage with a rate of 2.99% (3.7% APR).
Abbey cuts rates again
On Friday 27 February, Abbey is introducing two new no fee products. Both are 3-year fixes without any fee and have either the Remortgage Solution which includes free valuation and free legals or the Homebuyer Solution which includes free valuation and £250 cashback on completion.
Britannia slashes fixed rate mortgages
Britannia has reduced its two, three and five-year fixed-rate mortgages by up to 95 basis points. Available from Friday 27 February, the highlight of the new range is a market-leading five-year fix with a rate of just 4.24% up to 60% LTV, and an arrangement fee of £999.