Mortgage News
Mortgages: Look behind the headline rate
Nearly five years since the majority of lenders made the switch to daily interest, almost 20 lenders still calculate new mortgages on an annual or monthly interest basis.
Skipton increase mortgage rates
Following the recent announcement of an increase in the Bank of England’s base rate, borrowers with Skipton Building Society will be pleased to find the Society’s new SVR – at 6.39% - remains lower than any of the UK’s top 10 building societies.
FSA fines mortgage firm for cold calling
The Financial Services Authority (FSA) has fined Capital Mortgage Connections Ltd (CMC) £17,500 for rule breaches including cold calling potential customers.