Mortgages

Mortgage Talk: Mortgage of the week

National independent mortgage broker Mortgage Talk highlights a selection of the week's mortgage deals.

Nationwide increase rates on fixed and tracker mortgages

Nationwide Building Society has announced an increase in rates on its range of fixed rate and tracker mortgages.

Charcol offers free mortgage advice to those with poor credit

Charcol.co.uk has decided to offer borrowers with a poor credit history the chance to get tailored mortgage advice for free. In a market that is awash with brokers who charge exorbitant fees, Charcol.co.uk is determined to break what it sees as the vicious circle of debt.

Homebuyers step back from the edge of affordability

Housebuyers across the country are increasingly taking prudent steps to reduce the risk of mortgaging to their financial limits as the possibility of the fifth interest rate rise in under a year looms large.

Higher interest rates subdue personal borrowing

April figures for high street lending show that mortgage demand is moderating in the face of rising interest rates, according to the British Bankers’ Association (BBA).

Record number of borrowers OPT for fixed rate loans

The number of borrowers taking out fixed-rate mortgages is at its highest level on record, according to the latest research from Mortgage Trust.

Two-year fixed rate deals at 0.6 per cent below base rate

With six rises in the Bank of England base rate over the past three years, borrowers with soon-to-expire fixed rate mortgages could be forgiven for thinking they’re in for a nasty shock.

Changes to NatWest mortgage rates

NatWest today announced that its Standard Variable Mortgage Rate would increase by 0.25 per cent to 7.69 per cent.

RBS moves mortgage rates

The Royal Bank of Scotland today announced that its Standard Variable Mortgage Rate would increase by 0.25 per cent to 7.69 per cent.

Building society bosses bullish about the year ahead

New research from the Building Societies Association (BSA) shows that an overwhelming 95% of building society CEOs are confident about the year ahead and are predicting similar levels of lending and saving to that seen in 2006.

Leeds Building Society and Tenet team up to serve overseas market

Leeds Financial Services Overseas Ltd (LFSO), a new subsidiary of Leeds Building Society has teamed up with a leading Yorkshire financial services company to expand the Society’s business model overseas.

New low rate mortgage from Scarborough BS

Julia Harris, Mortgage Analyst at Moneyfacts.co.uk, comments: “The 2 year fixed rate market is incredibly competitive, with many lenders fighting to win the top spot. With rising rates and fees it is great to see a competitively priced deal hit the market.