Mortgages
Buy-to-let property market remains buoyant
Another set of strong financial results from Paragon provides further evidence of the sustained strength of buy-to-let.
Consider remortgaging options and act now to avoid overpaying
Following this month’s bank rate rise, many SVRs are already as high as 7.75 per cent, well over two percentage points higher than some of the best deals currently on the market.
GMAC-RFC extends ‘MERC’ to self cert borrowers
GMAC-RFC has opened up its ‘MERC’ mortgage to the self-cert sector barely one month after the original product was launched.
GMAC-RFC launches competitive two-year fixed rate mortgage
GMAC-RFC has today sent out clear signals regarding its appetite for market share. It has announced the launch of a mainstream two year fix which, at 5.25%, is believed to be one of the most competitive products of its type available from an intermediary-focused lender.
Mortgage Talk: Mortgage of the week
National independent mortgage broker Mortgage Talk highlights a selection of the week's mortgage deals.
Equity release rates continue to rival those of top mortgage lenders’
Following research conducted last year, SHIP, the trade body representing over 90% of the equity release sector, has today announced updated figures showing that equity release rates continue to offer good value despite increases in the Bank of England base rate.
Abbey cuts rates on no upfront costs mortgages
Abbey Mortgages is reducing rates on its no upfront costs mortgage range until June 23.
Confidence in lifetime mortgages rises
New research from Mortgage Express has revealed that broker confidence in lifetime mortgages is on the rise with nearly two thirds (63%) of broker respondents who haven’t yet advised on lifetime, saying that they plan to do so in the next year.
Mortgage lending still high but stabilising
Gross mortgage lending in March saw a seasonal fall to £28.8 billion in April, according to the Council of Mortgage Lenders (CML).
Bridgingloans.com opens up bridging loan market
Bridgingloans.com, formally Bristol & West Investments Plc, a UK provider of bridging finance solutions, has extended its reach into the residential and commercial bridging loans market with an increase of its available Loan to Value (LTV) ratio.
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 6.89% - remains lower than any of the UK’s top 10 building societies.
The return of capped rates – Birmingham Midshires
Julia Harris, Mortgage Analyst at Moneyfacts.co.uk, comments: “A few weeks ago we reported that capped rate deals were on the way out, so it was a surprise to see these new products launched from Birmingham Midshires.
Active Mortgage Management slashes £1m a month
Customers of national financial advisers Moneygate are set to save a total of £1 million every month thanks to its groundbreaking active mortgage management service.
Charcolonline re-launches as Charcol
Charcolonline.co.uk has re-launched as charcol.co.uk, with many new additions to the site making it an even more valuable resource for both consumers and the media.
Concerns over the single survey have not been addressed
The single survey as envisaged in the Communities Scotland consultation paper will not completely remove the need for mortgage lenders to conduct their own valuations, according to the Council of Mortgage Lenders (CML) Scotland.