Mortgages
Mortgage arrears and possessions decline again
Mortgage arrears and possessions continued to fall in the second quarter of 2014, according to data by the Council of Mortgage Lenders.
New five year fixed rate mortgages from Leeds Building Society
Borrowers seeking protection against future interest rate rises are being offered more choice with competitive new five year deals from Leeds Building Society.
House purchase lending growth remains steady in second quarter
New CML data on the characteristics of lending in June show that it remains driven primarily by lending for house purchase, rather than remortgage.
Skipton launches new seven-year fixed rate mortgage range
Skipton Building Society is launching a market-leading 7 Year Fixed Rate mortgage range as part of a new selection of residential mortgages.
Half of mortgage borrowers say they are likely to struggle if interest rates rise by 3%
With the Governor of the Bank of England Mark Carney recently suggesting that interest rates could start to rise over the next few months, half of mortgage borrowers (46%) admit they would either definitely or potentially struggle if the interest rate on their home loan went up by 3%.
Leeds Building Society to launch new Buy to Let mortgage
Leeds Building Society is making further changes to its range of two year fixed rate Buy to Let mortgages, including launching a new product with a market-leading rate of 2.99%.
Lloyds offers cashback deals for remortgage customers and first time buyers
From the 1st August, Lloyds Bank will launch new offers for remortgage customers and first time buyers.
Rate cuts and new benefits on Buy to Let mortgages from Leeds BS
Leeds Building Society has relaunched its range of short term fixed rate Buy to Let mortgages, with rates starting from a competitive 2.65%.
Leeds Building Society launches competitive new two year tracker mortgage
Leeds Building Society has launched a new two year Base Rate tracker mortgage with a competitive rate of 1.99%.
Beware of the high mortgage fees masked by low headline rates
Borrowers are being warned against choosing a mortgage based on the ‘headline’ interest rate alone, as analysis from MoneySuperMarket shows that the true costs of the lowest-rate deals are more expensive than on some higher-rate products.
Wider choice in two year mortgage deals from Leeds Building Society
Borrowers seeking a short term fixed rate mortgage deal are being offered a wider choice of competitive two year products from Leeds Building Society.
Skipton lowers rates on selected residential and buy to let mortgages
Skipton Building Society has reduced rates on selected 2, 3 and 5 year residential and buy to let fixed rate mortgages.
Pace of lending growth slowed in June
The Council of Mortgage Lenders estimates that gross mortgage lending reached £17.5 billion in June.
Scottish Widows Bank reduces mortgage rates
Scottish Widows Bank (SWB) has reduced the rates on a on a selection of 2 and 3 year Professional and Flexible mortgages across its mortgage range.
Parents 'go dutch' on their children's deposit
The Bank of Mum and Dad is continuing to play an important role in their offspring’s first property purchase with current homeowners having received, on average, half of their deposit (49 per cent) from their parents or their partner’s parents.