Mortgage News
RICS comment on CML regulated mortgage survey
Commenting on the CML regulated mortgage survey, Oliver Gilmartin, RICS senior economist said: "The threat of further interest rate rises has clearly hit home for those buying their first property.
Mortgage interest payments at 15 year high
Interest rate rises have pushed up mortgage interest payments for first-time buyers to their highest levels for 15 years.
Financial advisers optimistic despite four rate rises
Expectations for growth in mortgage business over the next twelve months remain strong, despite the Bank of England’s succession of rate hikes.
Drive away with £100,000 with Abbey Mortgages
To celebrate Santander’s entry into Formula One sponsorship, which as well as the Santander British Grand Prix also includes sponsorship of Team Vodafone McLaren Mercedes and its championship leading drivers - Spanish double reigning World Champion Fernando Alonso and British sensation Lewis Hamilton - Abbey Mortgages is offering one person the chance to walk away with £100,000.
Society’s £100 million makes property ladder easier to climb
The Government’s Open Market Homebuy Scheme (OMHB) could be helping first time buyers onto the property ladder faster than others who have to rely on a conventional mortgage.
Portman Building Society celebrates Moneyfacts award win
Portman Building Society is celebrating its success at the 2007 Moneyfacts Awards held in London.
MoneyExpert.com: Abbey's 100 per cent mortgage
Pete Marshall, Commercial Director of MoneyExpert.com, said: “The launch of Abbey’s 100 per cent mortgage is to be welcomed as it means yet another major lender is recognising that the mortgage market has changed massively and that with soaring house prices first time buyers need a helping hand onto the property ladder.
Abbey enters 100 per cent mortgage market
Abbey Mortgages launches a 100 per cent mortgage proposition on Wednesday 13 June. The new deal has a maximum loan to value of £500,000 and requires no deposit.
Remortgaging soars as rate rises take their toll
The decision to hold the interest rates is a welcome respite as Spicerhaart Financial Services reveals that the recent succession of base rate rises has already taken effect.
No rate change - but fix-rate borrowers still need to plan ahead
The Council of Mortgage Lenders welcomes today's Bank of England MPC decision to hold rates.
Now is the time for long-term thinking on mortgages
Peopleschampion.com response to Bank of England Monetary Policy decision today.
Mortgages – the best of both worlds
Julia Harris, Mortgage Analyst at Moneyfacts.co.uk, comments: “With uncertainty still rife as many industry experts predict another rate rise is on the cards, the launch of products from Skipton & Woolwich offering different ways to ‘hedge your bets’ is perfect timing.
Young people and first time buyers concerned about interest rate rises
The continuing rise in interest rates has been an ongoing issue for many people in 2007. With the Bank of England expected to raise the rate again this week, a survey by Equifax, the leading instant online credit information provider has revealed that 57% of young people are concerned about the impact of the rate on their long term spending plans.
Godiva launches fee free mortgage deals
Godiva Mortgages Limited, the specialist lending subsidiary of the Coventry, launches two new fee free mortgage products to its buy to let and self certification ranges.
New long term value mortgages from HSBC
HSBC has a new range of long term value mortgage offers available to both new and existing customers.