Mortgage News
July house purchase lending highest since August 2010
Overall lending for house purchase rose by both volume and value in July compared to the previous month, according to data released by the Council of Mortgage Lenders.
Northern Rock offers new Intermediary Exclusive mortgage products
As part of its ongoing campaign to support the intermediary sector, Northern Rock has launched a series of mortgages for borrowers with larger deposits, exclusively available through brokers registered with a Northern Rock national account.
Newcastle launches ‘Switch and Fix’ mortgage deal
Newcastle Building Society has launched an innovative new mortgage product that aims to support borrowers stuck debating between the comfort of a fixed rate mortgage deal and the lower rates associated with base rate tracker products.
Northern Rock offers Intermediary Exclusives
Northern Rock has launched a series of 2, 3 and 5 year fixed rate mortgage deals exclusively for brokers as part of its campaign to support the intermediary sector. The competitive deals are available for one week only.
More borrowers seeking mortgage advice for the first time
With mortgage intermediaries gaining greater accessibility to products, many of which are not available on the high street, more borrowers are seeking out professional advice for the first time, according to research by Kensington.
Gross mortgage lending virtually unchanged in July
Gross mortgage lending in July was an estimated £12.6 billion, according to new data from the Council of Mortgage Lenders.
Northern Rock reduces mortgage rates by up to 0.90%
Northern Rock has reduced rates across its mortgage range by up to 0.90% and extended its £500 cashback incentive to include all Buy to Let (BTL) products with percentage fees.
Coventry launches market leading mortgage deals
Coventry Building Society has launched a new range of market leading mortgage products including the following highlights;
Mortgage market sees highest number of FTBs since August
June saw the highest number of mortgages taken out by first-time buyers in 10 months, according to data released by the Council of Mortgage Lenders.
Struggling borrowers should seek help from their lender, says Which?
Seven in ten people (72%) are worried about mortgage rates, with 14% struggling with their repayments, according to new research by Which?
Average loan-to-value ratio is less than 60%
Research by the CML shows that, while the amount of unmortgaged housing wealth held by individual borrowers varies enormously, the aggregate loan-to-value ratio on mortgaged property in the UK is less than 60%.
Clydesdale and Yorkshire exclusive mortgage offer
Clydesdale and Yorkshire Banks are launching an exclusive mortgage offer for new and existing Signature Account customers on Monday 15th August 2011.
Introducing track and fix from the Yorkshire
Yorkshire Building Society is today launching a new exciting online mortgage product which will allow customers to both track and fix their mortgage.
Mortgage tips from the experts
With mortgage lending criteria more stringent than ever before, one housebuilder has called upon its network of Independent Financial Advisors to offer advice to those currently facing problems when applying for a mortgage.
Charles Church offers new mortgage and part exchange deal
Charles Church is stepping up to keep Britain moving, with the launch of a new mortgage product which will provide new home buyers with one of the most affordable repayment fixed rates on the market.