Mortgage News
moneysupermarket adds L&C to mortgage advice offering
moneysupermarket.com, UK comparison website, has teamed up with London & Country, the UK's leading mortgage broker, to offer expert telephone advice to customers who are looking to make a mortgage purchase.
Bridgewater raises limit on home reversion plans
Bridgewater Equity Release, the home reversion specialist, has raised the maximum amount of cash available to be released through its range of home reversion plans to £250k from its previous limit of £100k.
Householders use credit card to pay mortgage or rent
More than one million householders have used credit cards to pay their mortgage or rent in the last 12 months, a new survey by Shelter has revealed.
Unique service for mortgage advice firms
Industry compliance expert, Bill Warren, has launched a unique compliance service specifically aimed at mortgage advisory firms.
Nationwide fixed and tracker rate mortgage deals
With effect from Friday 8 January 2010 Nationwide will cut rates on a number of fixed and tracker rate products available to those buying a home.
SVR at 5.99 per cent may suit those with small balance
Andrew Hagger of Moneynet.co.uk looks at the situation for those approaching the latter stages of their mortgage term.
Mortgage providers increase SVR rates
Since April 2009 the Bank of England has kept base rate on hold at 0.50%, but since that time eight mortgage providers have increased their standard variable rate (SVR), according to Moneyfacts.co.uk.
Banks push to become one-stop shops
Banks are increasingly focussing their sales efforts on their existing customers as they seek to cater for all their customers' financial needs.
Start gaining Sterling pounds in 2010
While many Brits resolve to shift unwanted Christmas kilos in the New Year, moneysupermarket.com reveals how consumers can be gaining Sterling pounds through savvy savings on their financial products.
RICS: BoE November mortgage approvals
Commenting on Bank of England mortgage approvals, RICS senior economist Oliver Gilmartin said: "Today's figures support our view that increasing momentum in the housing market will see further rises in house prices during early 2010.
HSBC announces 2010 annual sale
HSBC announces details of its sixth annual sale, which goes live online and in branches from today, 4 January, and includes some great offers for everyone making New Year resolutions for their finances.
Building society lending steady in November
Gross mortgage lending by building societies was £1.6 billion in November, compared to £1.7 billion in October.
Mortgage lending up in November
Total net lending to individuals rose by £1.1 billion in November, according to figures from the Bank of England. The twelve-month growth rate remained at 0.7%. The three-month annualised growth rate was 0.6%, unchanged from a revised 0.6% for October.
Halifax gives current account customers extra Rewards
'Rewards' are available to any Halifax customer that funds their current account with £1,000 or more each month or holds an Ultimate Reward Current Account.
Housing affordable for first-time buyers in four in ten areas
In 2009, the average price paid by a first-time buyer was affordable for someone on average earnings in nearly four in ten (39%) of local authority districts, according to this year's Halifax First-Time Buyer Annual Review.