Mortgages
Home really is where the heart is
Research by Charcol.co.uk, the whole of market & fees free mortgage broker, shows that more of their first time buyers (FTBs) have opted to take the plunge and move in together for their first home.
Godiva Mortgages: SHIP’s full year results 2007
Colin Franklin, Managing Director of Godiva Mortgages and Head of Sales for Coventry Building Society’s comments on full year results for the equity release market from industry body, SHIP (Safe Home Income Plans):
Homeowners vote with their feet
Homeowners who are unhappy with their mortgage deal are voting with their feet, with as many as 1.39 million people having dumped their mortgage provider in favour of a better deal in the past six months, according to research by MoneyExpert.com.
LEX Awards - the new signpost when shopping for a mortgage
First Direct and Coventry Building Society are the best lenders when it comes to customer service, according to over 8,000 UK homebuyers who in an independent survey were asked how they had been treated from the mortgage application to completion stages.
Top service award for the Coventry
Coventry Building Society has been awarded the top accolade for customer service by Lending Strategy magazine at this year’s Lending Excellence Awards.
HiFX offer fee free service on overseas mortgages
In a move set to shake up the overseas mortgage industry HiFX Mortgage Services has announced its launch as the only major UK broker to provide a fee free service on overseas mortgages.
YBS reduces three year fixed rate mortgage rates
Yorkshire Building Society has reduced the rates on its three year fixed rate mortgages and is offering borrowers the option to also fix their home insurance premiums for the same period.
Mortgage market remains dominated by prime lending
For all the recent focus on sub-prime mortgages in the US, the UK mortgage market continues to be dominated by prime and self-cert residential lending – and this applies to loans generated both via the intermediary sector and direct to consumer.
moneysupermarket.com: HSBC RateMatcher guarantee
Commenting on HSBC's new RateMatcher guarantee, Louise Cuming, head of mortgages at price comparison site moneysupermarket.com, said: "At last, a piece of positive news in the mortgage market.
Yorkshire Building Society reduces mortgage rates
Yorkshire Building Society has announced a cut in the cost of its 2 year fixed rate mortgages. On Friday 1st February the new rates for House Purchase will be as follows:-
Egg launches leading 3 year fixed-rate mortgage
Egg, the online bank and award winning mortgage lender, has launched one of the best rates on the market today, a new three year fixed rate mortgage product with an interest rate of 5.39%.
HSBC’s introduces a unique ‘RateMatcher’ guarantee
HSBC announces that from tomorrow, 1 February 2008, it will guarantee to match the interest rate its fixed rate mortgage customers currently pay when they roll off their existing deal.
Increased tracker margins wipe out effect of bank rate cut
Lenders are continuing to increase the margins on their tracker rates at present, although the good news for borrowers is that more competitive sub 5% fixed rates are coming to the market, some now available with flat fees below £1,500.
Cheshire Mortgage Brokers celebrates 500th mortgage sale
Cheshire Mortgage Brokers (CMB), part of the Cheshire Building Society, is celebrating its 500th mortgage since its launch 18 months ago.
UK mortgage approvals fall
The increase in total net lending to individuals in December (£9.1 billion) was below the increase in November and the previous six-month average , according to figures from the Bank of England (BoE).