Mortgages
Landbay launches first peer-to-peer Tracker product
Recent entrant to the UK’s fast-growing peer-to-peer lending market - buy-to-let mortgage specialist Landbay - has announced the launch of two new P2P buy-to-let products.
Halifax reduces rates and fees on a number of remortgage products
Halifax has announced it is cutting its remortgage rates by up to 0.50%, as well as reducing selected product fees.
Lloyds Bank reduces rates and fees across its mortgage range
Lloyds Bank has cut rates and fees on a wide range of its mortgages for first time buyers, homemovers and remortgage customers.
House purchase lending in August down 3% on July
New CML data on the characteristics of lending in August show that lending declined slightly compared to July, the first month-on-month drop in house purchase lending volume since February this year.
Two year discount Buy to Let mortgage deal reduced by Leeds Building Society
Leeds Building Society’s two year discount Buy to Let mortgage is becoming even more competitive this week.
Nationwide reduces rates for loyalty rate mortgages initiative
Nationwide is reducing selected rates for existing Nationwide mortgage customers looking for a new deal.
Coventry launches residential mortgage range with highly competitive rates
Coventry Building Society launches new, highly competitive residential range including Fixed rate, Flexx for Term and Base Rate Tracker options.
Nationwide cuts fixed rate early redemption charges
Nationwide Building Society is to apply a reducing scale approach to all fixed rate mortgages taken out from Wednesday 8 October, where customers need to redeem their loan, or overpay by more than 10% of the initial balance per year, before the end of the fixed rate period.
Mortgage Trust boosts fixed rate product range
Mortgage Trust, the Paragon owned buy-to-let lender, has boosted its product range to include 12 new fixed rate products.
HSBC to use mortgage broker for the first time
HSBC is to offer its mortgages through a broker. This new service will provide residential mortgages for properties around the UK, and will be run in partnership with Countrywide Mortgage Services.
Over half of UK mortgage holders are unprepared for interest rates rise
UK mortgage holders are unprepared for potential increases in interest rates, new research from the Money Advice Service reveals. The study, of 3,007 UK mortgage holders, found that 56% have no contingency plans should interest rates rise.
Santander improves rates for existing mortgage customers moving home
Santander is supporting its existing mortgage holders who are looking to move home with a range of exclusive new products.
Skipton lowers interest rates on three and five year fixed mortgages
Skipton Building Society is reducing interest rates on many of its current residential 3 and 5 Year Fixed Rate mortgages.
Self-employed workers excluded from UK mortgage market
Almost a quarter of UK adults who have been self-employed for more than 12 months have been turned down for a mortgage, according to research from Kensington, the specialist lender.
Post Office launches competitive new mortgage deals
Post Office has expanded its mortgage range to include new buy-to-let and residential mortgage deals, including a market leading three-year fixed rate deal (75% LTV).