Mortgage News
Borrowers to benefit from 85% LTV best buys
Chelsea Building Society has reduced rates on its 85% loan to value (LTV) mortgages taking them to the top of the best buy tables.
Innovative retirement mortgage launched by Hodge Lifetime
Equity release specialist, Equity Release Supermarket has announced an innovative new retirement mortgage from Hodge Lifetime.
Barclays cuts costs for homebuyers and remortgagers
Barclays is making further improvements and rate cuts to its residential mortgage range, providing even more money saving opportunities for remortgagers and a new range of highly competitive fee-free options for purchasers.
Parent-guarantor mortgages on the rise for first-time buyers
The Bank of Mum and Dad is shifting its priorities and evolving with the mortgage market.
Strong mortgage lending by mutuals in first half of year
Gross mortgage lending by building societies and other mutual lenders was £3.5 billion in June and £18.0 billion in the first half of the year, up by 28 per cent compared to £14.0 billion in the first half of 2012.
More mortgage best buys from the Yorkshire
The Yorkshire Building Society group is maintaining its reputation for offering competitive mortgages with more than 1,600 Best Buy products in the first half of 2013.
Santander launches Help to Buy mortgages
Santander has launched a range of Help to Buy Equity Loan mortgages via its intermediary channel.
Gross mortgage lending continues to grow in June
The Council of Mortgage Lenders estimates that total gross mortgage lending in June increased to £15 billion, representing a rise of 2% from £14.7 billion in May and 26% higher than the total of £11.9 billion in June 2012.
Record level of optimism in the mortgage market
Confidence in the mortgage market has rocketed amongst intermediaries as they become increasingly positive about the overall outlook for the mortgage market, according to the latest Halifax Intermediaries Confidence Tracker.
Banks launch exclusive mortgage range for business customers
Clydesdale and Yorkshire Banks are launching a new range of mortgage products exclusively for business and Private Bank customers.
Barclays heats up mortgage market with rate cuts
Barclays is making further cuts to its residential mortgage range, reducing rates by up to 70 basis points and launching new remortgage offers designed to help over 3.1m borrowers save money on their mortgage.
Growth in remortgage lending helps boost gross lending
Gross mortgage lending grew by 5% in April, in part due to an increase in remortgage activity, according to new data from the Council of Mortgage Lenders.
Mortgage lending by mutuals still on the up in April
Gross mortgage lending by building societies and other mutual lenders was £3.2 billion in April, up by 55 per cent compared to £2.1 billion in the same month last year.
Nationwide accepts Help to Buy mortgage applications
Nationwide Building Society will accept mortgage applications from borrowers looking to participate in the Government's Help to Buy - equity loan scheme from Wednesday, May 29.
Gross mortgage lending rises in April
The Council of Mortgage Lenders estimates that total gross mortgage lending increased by 4% on March to £12.1 billion in April, but cautions that meaningful comparisons with last April are difficult.