Mortgages

West Brom adds five year option for borrowers with smaller deposits

The West Brom has added to its range of mortgages to help borrowers with smaller deposits, including first time buyers and remortgage customers.

Monmouthshire launches five year fixed rate mortgage products

Monmouthshire Building Society has launched a new range of five year fixed rate house purchase and remortgage products just in time for spring.

First time buyers get stamp duty boost

As a sign of its ongoing commitment to helping first time buyers get onto the property ladder, Halifax has offered to pay the full stamp duty bill for first time buyers purchasing properties up to the value of £250,000.

Competitive new tracker mortgage launched by Leeds Building Society

Leeds Building Society has launched a new low-fee two year tracker mortgage with a competitive rate of Base Rate +2.49% (currently 2.99%).

BM Solutions launch a new range of 2-year mortgages

BM Solutions is building on its range of competitive 2-year fixed rate products with a new range targeted at loans of £150k-£250k. These will be available for both purchase and remortgage customers.

A quarter of first-time buyers are unprepared for the cost of stamp duty

Almost a quarter (22%) of first-time buyers are not considering the cost of stamp duty before making an offer on their potential home, according to new research by TSB. Alarmingly, one in seven (14%) people buying their second or third homes do not consider stamp duty either.

January gross mortgage lending up 33% year-on-year

Gross mortgage lending was an estimated £15.5 billion in January, according to the Council of Mortgage Lenders.

Paragon Mortgages launch five year fixed rate

Specialist buy-to-let lender Paragon Mortgages has launched a new five year fixed rate product specifically aimed at large-scale landlords.

Over 30,000 Yorkshire Building Society customers to be refunded mortgage arrears fees

Yorkshire Building Society Group (YBS) will voluntarily refund all administration fees for mortgage arrears since January 2009.

Skipton boosts support first time buyers

The UK’s fourth largest building society is strengthening its efforts to support first time buyers even more, as it joins the government backed Help to Buy Equity Loan scheme.

Metro Bank grows residential mortgage lending

Metro Bank, the revolutionary High Street bank, has announced huge growth in its residential mortgage lending in the last year. The bank, which last week announced its Q4 financial statement, increased its residential mortgage lending by more than 400% over the course of 2013.