Mortgage News
Halifax Intermediaries reduces rates
Halifax Intermediaries has announced a succession of rate reductions across its product range in further support for homemovers and first time buyers.
Halifax to remove fees on remortgage products
Further strengthening its support to the housing market, Halifax has announced the removal of upfront fees on a range of 2-year fixed rate remortgage products.
The Cambridge launches MATS system
The Cambridge Building Society has introduced an innovative new system to ensure that customers are better informed about the progress of their mortgage applications.
Brits shorten debt sentence
Over a third (35 per cent) of Brits have reduced their debt levels in the last year according to research from MoneySupermarket.
HSBC approves £10.6bn of UK mortgages in first half of 2012
HSBC has revealed that it approved more than £10.6 billion in mortgages in the first six months of 2012, helping over 97,000 UK borrowers. This is an increase of 16% on the same period in 2011 (£9.1bn).
Clydesdale and Yorkshire Banks extend fee free mortgage offer
A fee free mortgage boost for first time buyers and homeowners looking to remortgage or switch to Clydesdale and Yorkshire Banks has been extended until Tuesday 31st July 2012.
Mutuals are open for business - Mortgage lending increases in May
Gross mortgage lending by building societies and other mutual lenders rose 54% to £2.8 billion in May 2012 compared to £1.8 billion May 2011.
Switch and save with a Yorkshire rollover remortgage
Yorkshire Building Society is encouraging homeowners with a shorter term left to run on their mortgage to see if they could save on their monthly repayments.
Halifax to refund valuation costs if house purchases fall through
Further strengthening its support of the housing market, Halifax has announced the details of its valuation fee promise.
Principality awarded Best UK Mortgage Lender
Principality Building Society scooped the overall five star award for best mortgage lender and packager in a national survey of UK mortgage providers.
April sees anticipated decline in mortgage lending
Following the surge in activity in March, April saw a significant fall in house purchase lending, in particular to first-time buyers, according to new data from the Council of Mortgage Lenders.
HSBC approves 15,000 first time buyer mortgages
HSBC has revealed that it approved more than 15,000 first time buyer mortgages in the first five months of 2012.
1 in 10 Brits focused on mortgage savings
New research from Clydesdale and Yorkshire Banks has shown that people in the UK remain focused on their finances with more than 1 in 10 planning to remortgage, pay-off or make over payments to their mortgage in the next 12 months.
Average mortgage application fees up by 20 per cent
Mortgage customers should not be blinded by low interest rates on products, as high fees could mean they end up paying more for their borrowing than necessary, according to research by MoneySupermarket.
Non-essential mortgages - are they worth it?
With banks and building societies throwing money at buyers in the years before the crash and the Bank of England keeping interest rates low ever since, many mortgage holders have experienced a prolonged period of benevolent conditions, especially those with significant amounts paid off.