Mortgage News
1 in 4 Brits have never switched and saved
New research by comparison site Gocompare.com has revealed that although 61 per cent of consumers are expecting 2011 to be a very difficult year financially, over 12 million of them have never switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender.
Coventry starts New Year with a bang
Coventry and Godiva have launched a top range of marketing leading residential and buy to let mortgages.
Santander reduces mortgage fees by £200
Santander has reduced fees on a selection of its two and five year fixed and tracker products by £200.
Leeds Building Society New Year mortgage sale
Leeds Building Society is transforming its popular current 2 Year discount mortgages into an excellent range of fees assisted New Year sale products, where customers can save over £1,100.
First time buyer mortgage affordability improves
Mortgage affordability for those looking to take their first steps onto the property ladder is at its most favourable for 12 years, according to the latest annual Halifax First Time Buyer Review.
first direct tracker mortgage at 1.49% above base rate
first direct has launched its lowest ever mortgage rate. At 1.49% above base rate (current pay rate 1.99%) for two years, it’s an amazing deal for many homeowners sitting on a competitor's SVR. There’s a £999 booking fee, with the option to reduce the fee to just £99 on agreeing to pay 1.69% above base rate (2.19%) for the first 2 years.
Resolve to give your finances a boost in 2011
Brits could be saving over £3,600 in 2011 by taking time to review their finances and switching to more competitive deals. Despite over a third of Brits feeling they cannot make any savings in areas such as credit cards, home insurance and mortgages, research from moneysupermarket.com has found on average, people could save thousands of pounds over the next 12 months by switching to a better deal which suits their individual needs.
Seasonal decline in November mortgage lending
Gross mortgage lending in November was an estimated £11.1 billion, according to the Council of Mortgage Lenders.
Santander cuts mortgage rates by up to 0.20%
From Tuesday 21 December, Santander will reduce a selection of its two and three year fixed and tracker products by up to 0.20 per cent:
Leeds launches 2 year discount mortgage at 2.54%
Leeds Building Society has launched a new market leading 2-year discount mortgage at only 2.54%, available up to 70% LTV. Furthermore, this product also allows the flexibility of 10% capital repayments each year and there is no higher lending charge.
October saw expected decline in mortgage lending
An expected decline in mortgage lending towards the end of the year has now become apparent, data released by the Council of Mortgage lenders shows.
Wrap up a new mortgage before Christmas
first direct urges homeowners to remortgage to a cheaper homeloan now and take advantage of lower monthly payments before this Christmas's bills hit their pocket.
Santander cuts mortgages rates again
From today (Thursday 2 December), Santander will reduce a selection of its two and three-year fixed remortgage products by up to 0.16 per cent:
October mortgage lending by mutuals down 10%
Gross mortgage lending by mutuals was £2.0 billion in October, a 10% reduction on the £2.2 billion lent in September, but broadly similar to the average of £2.0 billion over the preceding three months. Mortgage approvals fell by 8% in October to £1.8 billion from £1.9 billion in September.
Yorkshire Bank named Best Regional Lender
Yorkshire Bank has been named "Best Regional Mortgage Lender" by Your Mortgage magazine for the twelfth time.