Mortgage News
Chelsea makes strong start to 2012 mortgage season
Chelsea Building Society has kicked off 2012 with the launch of a new product range continuing its 2011 theme of offering competitive and innovative mortgage products.
Brits benefit from improved savings and mortgage rates in 2012
Brits wanting to kick start 2012 with a financial bang are set to reap the rewards from greater competition in the market with the average savings rates up, average mortgage rates down, lower APR's on loans, and record promotional deals on credit cards, according to analysis by MoneySupermarket.com.
Mortgages in 2011 most affordable on record
Lenders offering some of their cheapest mortgage deals last year helped make homeowners' monthly mortgage payments in 2011 the most affordable for 10 years, according to new research from Barclays.
HSBC introduces conveyancing panel to assist mortgage customers
From Monday 9 January 2012 HSBC is establishing a panel of solicitors and licensed conveyancers to provide the required legal services to our home buying mortgage customers.
LV= announces equity release rate cut
Equity release specialist LV= has announced a rate cut on its lifetime and flexible lifetime mortgages. The interest rate on LV='s lifetime mortgage for customers up to 80 years old will fall from 6.59% to 6.49% AER from 3 January 2012.
Clydesdale and Yorkshire Banks launch fee free mortgage offer
Clydesdale and Yorkshire Banks have announced a boost for homeowners with the launch of a fee free mortgage offer.
Mortgage lending by mutuals grows by almost a quarter in November
Gross lending by building societies and other mutuals was £2.5 billion in November, up 24% compared to November 2010 (£2.0 billion), and a new high since the BSA started reporting on the current basis in January 2010.
HSBC offers fee-free mortgages in January sale
HSBC's eighth annual sale has started with no fees to pay on its range of competitive tracker mortgages, including those with a 90% LTV.
The Co-op bucks the trend by cutting mortgage rates again
The Co-operative Bank is re-launching its fixed rate mortgage range this Friday (December 16), seeing rates cut by as much as 0.6% (60 basis points).
Miller Homes’ 12 days of Christmas top tips for saving for a mortgage
Daunting deposit requirements are scaring off some first-time buyers, but the “Secret Santas” at Miller Homes have some seasonal solutions.
Mortgage lending by mutuals up 20% in October
Building societies and other mutuals continue to support homebuyers and savers in the face of the weak outlook for the economy.
New 95% mortgages a ‘game changer’ for local homebuyers
The New Year will see creditworthy homebuyers on Teesside offered the best chance since the start of the credit crunch to buy a new home without a hefty deposit.
HSBC goes under 4% interest for 90% LTV borrowers and no fee
HSBC has launched its first ever sub 4% interest rate for mortgage borrowers with a 10% deposit - a 3.84% two-year discount deal with no fee to pay.
Get control of your mortgage payments with Northern Rock
Northern Rock’s latest video has put consumers in the spotlight as they reveal that by far their biggest money worry is paying the mortgage each month.
High LTV mortgage borrowers charged 1% to 2% higher rates
The Bank of England has announced that the bank base rate will remain at 0.50% for the 32nd consecutive month.