Mortgage News
8 out of 10 borrowers could be better off with a Northern Rock mortgage
Research undertaken by Northern Rock has revealed that many UK mortgage borrowers coming to the end of their fixed rate deal could be better off if they took a mortgage with Northern Rock, even if they only have 20% equity.
Skipton offers home buyers a mortgage decision in minutes
Skipton is making it even easier for would be property purchasers looking for a mortgage, by launching a Decision in Principle (DIP) facility via its website.
Rising inflation heaps stress on Brits as bills continue to rise
Today's announcement by the Bank of England that inflation hit 5.2 per cent in September, the highest level for three years, adds further pressure to the many households across the UK that have been struggling with the rising cost of living - with rising energy and food bills hitting wallets particularly hard.
Direct lender mortgage deals account for 81% of lowest rates
Direct mortgage lenders have continued to dominate best buy tables in the past year, with 81% of the market leading rates being offered directly by providers.
New lower rates for first time buyer mortgages
Clydesdale and Yorkshire Banks have announced new lower rates for their range of competitive mortgages for first time buyers.
HSBC commits to lend £350m to high LTV borrowers this year
HSBC - which has provided a mortgage to one in eight first time buyers (FTBs) during 2011 - commits to making a further £350m available to borrowers with equity or a deposit of 15% or less. A minimum of £250m will be reserved for FTBs in this bracket by the end of the year. Maximum loan to value is 90%.
Northern Rock staff star in campaign to help bring mortgages to life
Building on the success of the helpful video guides available on its award winning mortgages website, and its recent ad campaign featuring genuine customers, Northern Rock has now placed its own staff in a starring role.
Lenders must consider bonus and commission, say intermediaries
More than a quarter of mortgage intermediaries say over half of their clients receive regular bonus or commission that they would like to be considered by a lender to boost their affordability assessment.
Chelsea boosts best buy mortgage choice
Chelsea Building Society is expanding its range of best buy mortgages with new products to offer borrowers even more choice.
Northern Rock makes further enhancements to mortgage range
Northern Rock has made further enhancements to its mortgage portfolio, introducing competitive new deals for customers through both direct and indirect channels.
Northern Rock offers raft of competitive new mortgage deals
Northern Rock has made changes to its mortgage portfolio, introducing competitive new deals for residential and buy to let (BTL) customers alike.
Rise in net savings and mortgage completions for The Tipton
August was The Tipton’s most successful month so far this year for both net savings receipts and mortgage completions.
Post Office cuts mortgage rates by up to 1.24%
The Post Office is cutting its mortgage rates by 0.64% on average across all fixed and most tracker rates. The new rates will be available to customers from Wednesday 21 September.
HSBC launches new online mortgage services
HSBC has launched two new online mortgage services to meet growing consumer demand to arrange their finances remotely.
Leeds 2-year discount mortgage at 2.45%
Leeds Building Society has launched a market leading 2-year discount mortgage at only 2.45% available up to 75% LTV.