Mortgage News
Nationwide reduces monthly payments for 8,000 Dunfermline customers
Nationwide Building Society is reducing the standard variable rate (SVR) for mortgage customers of the Dunfermline Building Society.
Clydesdale and Yorkshire Banks cut rate for 95% mortgages
People looking to make their first step on the housing ladder are getting a boost from Clydesdale and Yorkshire Banks with the launch of new lower rate First Time Buyer mortgages for those with smaller deposits.
Help to Buy: mortgage guarantee launches
Natwest, RBS, Halifax and Bank of Scotland will start offering new Help to Buy mortgages this week.
Halifax Help to Buy detail
Halifax has announced the detail of its Help to Buy mortgage products, which will allow homebuyers to access a mortgage with just a 5% deposit.
First time buyers warned to beware before jumping into Help to Buy
The second phase of the Help to Buy scheme has now been launched in England and so far only the tax payer-backed banks have announced their rates and are taking applications.
Low interest rates - make it pay while the sun shines
With interest rates expected to remain low for the next three years, MoneySuperMarket has looked at the benefits of taking advantage of cheaper borrowing by overpaying on a mortgage for the next three years.*
Mortgage lending by mutuals rises 32 per cent in August
Building societies and other customer-owned lenders and deposit takers (mutuals) continue to play an active role in a mortgage market which is showing sustained signs of recovery as consumer confidence improves.
Nationwide improves mortgage rates for new and existing customers
Nationwide is supporting both new and existing customers, regardless of the size of their deposit, with reductions across its fixed and tracker mortgage range.
Castle Trust launches income bridging product for new parents
Castle Trust, the UK’s specialist lender in equity loans has launched a new mortgage product specifically designed to support couples who are starting a family.
Silver splitters turn to equity release
Nearly one in 10 over-60s taking out equity release plans on the value of their home are divorced or separated, new figures from Key Retirement Solutions shows.
Gross mortgage lending stable in August
Gross mortgage lending held steady in August and was an estimated £16.6 billion, according to the Council of Mortgage Lenders.
Summer season boosts overseas mortgage enquiries by 62%
It appears that more and more of us are seeking a little slice of life overseas, with Conti, the overseas mortgage specialist, experiencing a 62 per cent surge in mortgage enquiries during August, its busiest month so far this year.
Yorkshire mortgage business climbs in August
Yorkshire Building Society is reporting a strong increase in mortgage business, with August 2013 confirmed as its busiest month for mortgage lending for almost two years.
Santander offers customers ‘Freedom to choose'
Santander has re-launched its mortgage range under-pinned by a new core value ‘Freedom'. The range includes products with a choice of features including no booking fees, no ERC, overpayment options and cash-back giving customers the Freedom to choose the right mortgage to meet their needs.
Monmouthshire expands 95% mortgages to cover new build houses
Monmouthshire Building Society has extended its range of 95% mortgages to include new build properties.