Mortgages

Buy-to-let sees signs of recovery

The buy-to-let sector has been one of the biggest casualties of the last two years, with 93% of all deals disappearing in that time.

Legal & General makes life cover more flexible

Legal & General, UK individual term provider, has improved its Mortgage Decreasing Term Assurance (MDTA) product to offer a range of different interest rates on which the cover is based.

Platform revises mortgage rates

Platform has announced (16 November) revised rates on a number of mortgage products and has implemented changes to its mortgage proposition.

Mortgage rates need to fall further

In the last few weeks a number of lenders including Abbey, Halifax, Leeds BS, Nationwide BS, Northern Rock and Woolwich have made moves to cut mortgage rates, but rates are still a long way of the low reached earlier in the year.

Buy-to-let market grows for first time in two years

Gross lending in the buy-to-let mortgage market grew in the third quarter for the first time in two years, according to latest data by the CML.

CML cuts 2009 repossession forecast

The Council of Mortgage Lenders has cut its forecast for the number of repossessions this year to 48,000.

moneysupermarket.com: new mortgage deals

Commenting on recent new mortgage deals, Hannah-Mercedes Skenfield, mortgage spokesperson at moneysupermarket.com, said; "There has been some encouraging news for mortgage borrowers, with lenders continuing to enter the market with new and competitive products.

Leeds launches best buy 5-year buy-to-let deal

Leeds Building Society has launched a new 5-year fixed rate buy-to-let mortgage, at 5.99% up to 60% LTV, which has been selected as a Best Buy and awarded four stars by Moneyfacts.

Leeds BS launches 5-year fixed rate mortgage at 4.99%

Leeds Building Society is launching a new market leading 5 Year Fixed Rate Mortgage at 4.99%, available up to 75% LTV, from Thursday 12th November.

Woolwich further strengthens mortgage range

Woolwich is to introduce a new 75% tier for the first time since the Autumn of 2008, giving competitive rates on its popular 2 year fixed and tracker range.

Yorkshire Building Society launches new stepped tracker

On Friday 13th November, Yorkshire Building Society is launching a new three-year stepped tracker product which will have an interest rate of Bank Base Rate plus 3.49% in year one, dropping to BBR plus 2.49% in year two and BBR plus 1.49% in year three.

Abbey set reward loyalty with low mortgage rates

Abbey is rewarding its loyal customers with lower rates on mortgages than our main range. Existing Abbey and Alliance & Leicester current account customers who have held their account for more than six months will be entitled to benefit from new deals available in branch or on the telephone for a limited period only.