Mortgages
Skipton’s SVR remains lowest of top 10 building societies
Following the recent announcement of an increase in the Bank of England’s base rate, borrowers with Skipton Building Society will be pleased to find the Society’s new SVR – at 7.14% - remains lower than any of the UK’s top 10 building societies.
Leeds Building Society launches new 2-year fixed rate mortgage
Leeds Building Society has launched a new 2-year fixed rate mortgage at only 4.99%, with no higher lending charge and unlimited capital repayments, at any time, without penalty.
NatWest updates mortgage rates
NatWest has announced that its Standard Variable Mortgage Rate would increase by 0.25 per cent to 7.94 per cent.
Standard Life urges consumers to think about the longer term
Standard Life Bank has welcomed Alistair Darling’s comments that Labour will shortly publish proposals to boost the supply of longer-term mortgages to help homebuyers get better value for money.
Abbey: Government plans for funding long term fixed rate mortgages
Nici Audhlam-Gardiner, Head of Mortgages at Abbey, said: "While it's positive to see that home ownership is on the government's agenda, it is critical to ensure that initiatives align with what customers want.
Nationwide launches new 25 year fixed rate mortgage
Nationwide Building Society has announced the reintroduction of its innovative 25 year fixed rate mortgage at a rate of 6.39%. The new 25 year fixed rate will be available from Tuesday 17 July.
Moneyfacts.co.uk: The long term fixed rate mortgage market
Lisa Taylor, Analyst at Moneyfacts.co.uk, comments: “This week Alistair Darling, the new chancellor of the exchequer announced that Labour would shortly be issuing proposals to increase the supply of long term fixed rate loans, in a bid to tackle the affordability crisis and concerns that the short term market thrives on collecting regular arrangement fee income.
CML reacts to Government's housing announcements
The Council of Mortgage Lenders welcomes the initiatives announced today by the Prime Minister and the Chancellor to increase housing supply and review the flexibility of mortgage funding.
Moneyextra.com unveils new mortgage calculators
Millions of homeowners face a nasty shock over the summer months as their fixed rate mortgage deals come to an end. The Bank of England’s base rate now stands at a new six-year high of 5.75% with talk of more interest rate rises to come.
Free legals and free valuation now part of Abbey’s core range
Following the success of Abbey’s no upfront costs mortgage campaign, Abbey is adding a version of the product – called the Premier Homebuyer Solution – to its permanent mortgage range.
Britannia launches new buy to let mortgage deals
Britannia Building Society will launch the following buy to let mortgage products on Friday 13th July 2007:
Britannia launches new mortgage deals
Britannia Building Society will launch the following mortgage products on Friday 13th July 2007:
Alliance & Leicester updates prime mortgage range
Alliance & Leicester has updated its range of prime mortgages, which is available from Wednesday 11 July.
Chancellor’s announcement on long term fixed rate mortgages
Yorkshire Building Society welcomes the Chancellor of the Exchequer’s announcement that he is seeking to boost the supply of longer term fixed rate mortgages.
Stamp duty remains a costly barrier to many first time buyers
With last week’s rate rise stretching affordability, potential homeowners will have a hard time climbing onto the ladder unless the Government reviews this stealth tax.