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Mortgages

Barclays/Woolwich: The acceptance of personal searches in HIPS

Various stories have suggested that Barclays/Woolwich will not accept personal searches included in Home Information Packs in connection with mortgages.

Manchester United fan strikes lucky with mortgage account

One lucky Britannia Building Society customer won a trip to Tokyo to support Manchester United during their 2007 Tour of Asia.

Britannia launches new fixed rate mortgage deals

Britannia Building Society will launch the following mortgage products on Friday 24th August 2007:

Alliance & Leicester launches new range of prime mortgages

Alliance & Leicester is launching a new range of prime mortgages on Wednesday 22 August 2007. They include:

Britannia's market leading five year fixed rate mortgage

Britannia Building Society announces the launch of a new five-year fixed rate mortgage with a rate of 5.84%.

Charcol launches “simple to switch” tracker

Charcol.co.uk has launched a market leading “simple-to-switch” tracker for borrowers who don’t want to pay remortgage fees every few years.

European mortgage rates may still rise again

Euribor rates are reflecting the market expectation of a further rate rise of 0.25% in around 1 month, which means European banks may well have to raise variable mortgage interest rates again soon, according to French, Italian and Spanish mortgage specialist Offshoreonline.org.

Nationwide updates fixed rate mortgage range

Nationwide Building Society today announces a decrease to some of its fixed rate mortgages. The new rates are available from Thursday 23 August 2007.

Leeds Building Society launches new 2 year fixed mortgage

Leeds Building Society has launched a new highly competitive 2-year fixed rate mortgage at only 5.64%.

Alliance & Leicester: CML lending figures

Stephen Leonard, Director of Mortgages at Alliance & Leicester, says: “July saw £34.4 billion in mortgage lending, the second highest ever achieved, after record levels in June. These figures reflect the high level of market activity in the spring – before the last rate rise.

Platform launches affordability based lending model

Platform, the intermediary lender of Britannia, is delighted to announce the launch of its new affordability-based lending model.

Abbey announces new mortgage deals

Abbey has announced new mortgage rates and fees on some of its mortgage range.

RICS comment on CML July mortgage lending

Commenting on CML gross mortgage lending figures, Simon Rubinsohn, RICS chief economist said: "While the housing market still remains resilient, the turmoil in financial markets will push up mortgage costs for in vogue longer term fixed rate deals and will further slow the residential property market.

Mortgage lending hits new July record

Gross mortgage lending reached a new record for the month of July, totalling £34.4 billion, according to new data from the Council of Mortgage Lenders (CML).

First time buyers win with combined mortgage and personal loan

Three out of four mortgage brokers (73%) believe first time buyers will be the main beneficiaries of a combined mortgage and personal loan product, according to research by Alliance & Leicester Mortgages.