Mortgage News
Irresistible mortgage deals on Lewisham flats
A brand new homebuyer incentive from Taylor Wimpey offers an amazing 2.99% mortgage rate for purchasers choosing an apartment at the housebuilder’s Axis development of flats in Lewisham.
Unforeseen costs rack up long term debt for home buyers
Research conducted by money.co.uk has revealed the financial strain suffered by the one fifth of home buyers who fail to set realistic budgets for the purchase and ‘personalisation' of their new homes.
One in four Brits fear Bank of England base rate rises
The Bank of England's Monetary Policy Committee is expected to hold base rate at 0.5 per cent this week, marking 18 months of no change.
The Halifax Great Rate Cut
Halifax has today announced details of its Great Rate Cut, making reductions across its entire range of mortgage products.
Top tips for mortgage borrowers
With borrowers nervously awaiting the monthly interest rate decision on Thursday, to see whether rates will rise and their monthly payments will rocket, unbiased.co.uk's mortgage advisers give their top tips to help homeowners to prepare ahead of the news.
Yorkshire Building Society makes mortgage more accessible
Yorkshire, the UK's second largest building society, has made home ownership more accessible over the summer.
Getting 5 years is not a ‘Sentance’
As the country waits to fully understand the impact of the inevitable austerity measures, many homeowners will be reviewing their own personal balance sheet and searching for ways to reduce outgoings and achieve peace of mind.
Godiva launches new residential and buy-to-let mortgage deals
Godiva Mortgages has underlined its recent entry into the prime residential mortgage market by launching new residential and buy-to-let mortgage deals, including a market-leading 3 Year Fixed Rate for residential purchases and remortgages.
Gross mortgage lending by mutuals hits high
Gross mortgage lending by mutuals was £2.0 billion in July, the highest monthly figure so far this year, and 11% higher than the £1.8 billion lent in June. Mortgage approvals made in July amounted to £1.9 billion, the same as in June.
Homebuyers pay premium to live near a beach
As home movers across the country start shifting boxes in the build up to 1st September, the most popular day for moving in the UK, the Post Office Mortgages Homebuyers Report has revealed people seeking coastal locations are willing to pay the highest premium to live in their perfect place - on average an extra £20,448.
One-third of new debts do not have life cover
A report by independent financial research company Defaqto has found that almost one-third of new debts do not have life cover associated with them.
Barclays launches loyalty mortgage discounts
Barclays customers can get better mortgage deals from Wednesday 1 September as the bank launches its first loyalty mortgages.
Gap between lifetime rates and long term fixed rates increases
The average fixed rate charged for lifetime mortgages has increased when compared to its nearest analogous product in the residential mortgage market: the long term fixed rate mortgage, according to analysis by Defaqto.
Northern Rock cuts mortgage application fee for purchase customers
Northern Rock is to reduce its application fee to customers looking to buy a new property. The news, which will see the reduction come into force from Monday next week (23rd August), comes just days after the lender reduced mortgage rates across its entire range.
Nationwide cuts remortgage rates
From Friday 20 August 2010, Nationwide will reduce rates by up to 0.20% on selected remortgage products.