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Mortgage News

New 10% deposit best buy mortgage launched by the Chelsea

Borrowers need just a 10% deposit to benefit from Chelsea Building Society's new two year fixed rate mortgage - at a best buy rate of 3.54%.

Post Office continues to cut mortgage rates

Post Office continues to offer customers some of the most competitive deals on the market with its latest raft of new mortgage rates.

Fee free mortgages from Clydesdale and Yorkshire Banks

Clydesdale and Yorkshire Banks are giving both homebuyers and homeowners a boost by launching a range of ‘fee free' mortgages offers.

N&P mortgage applications at highest rate for five years

Norwich & Peterborough Building Society (N&P) has seen a surge in mortgage applications in recent weeks, with the number of applications last month the highest received by the Society since 2008.

HSBC promises to be ‘First for First-Time Buyers’

HSBC has launched ‘First for First-Time Buyers', offering unbeatable mortgage rates on the High Street at 90% LTV.

Mortgage lending by mutuals highest since January 2010

Gross mortgage lending by building societies and other mutual lenders was £4.0 billion in July, up 30 per cent on July last year, and the highest monthly figure since data was first published for the mutual sector at the start of 2010.

Skipton expands lending policy to include flats above five storeys

Skipton Building Society is updating its lending policy to help support more people who want to buy their dream flat.

First-time buyer lending in London at highest level since 2007

First-time buyers accounted for 11,200 loans for house purchase in London in the second quarter of 2013, the largest quarterly number since the end of 2007, according to data from the CML.

Clydesdale and Yorkshire Bank Low Start Mortgages

Clydesdale and Yorkshire Banks have launched Low Start Mortgages through their retail network.

Interest-only customers ‘relying on downsizing’

Around four out of five interest-only mortgage customers are relying wholly or partly on selling their house to pay off the capital, new research from innovative equity release lender more 2 life shows.

Chelsea cuts mortgage rates at 75% LTV

Chelsea Building Society is maintaining its reputation for competitive mortgages with a new best buy rate - 1.99% for a 75% LTV (loan to value) two year fixed rate mortgage.

And to my family, I bequeath my debts

New research by Gocompare.com highlights the very real possibility that the only thing millions of Brits will be bequeathing to their loved ones is an outstanding mortgage loan.

Castle Trust helps divorcing couples with its equity mortgage

Castle Trust, is planning to help couples who are divorcing or splitting up with its equity mortgage, which enables those with at least 40% equity in their home to release 20% of the value, with no requirement to make monthly repayments.

First-time buyers lending at highest level since 2007

Lending to first-time buyers has hit its largest quarterly total since 2007 with 68,200 purchasing their first home in the second quarter of 2013, according to figures released by the CML.

Leeds supports ‘Help to Buy' Equity Loan scheme

Leeds Building Society, which this week announced record half year results, has launched its first set of products under the Government's Help to Buy Equity Loan scheme.