Mortgages
Final call for former Scottish Life members to claim payments
Scottish Life is making a last call for former members to get in touch if they had an eligible policy at the time of the company’s demutualisation in 2001, as they may be entitled to a payment of £500 for loss of membership.
Equity release no longer a last resort
The UK equity release market is entering a crucial stage in its development and will play a greater role in retirement planning, according to a new report from Defaqto.
Mortgage lending hits March record
Gross mortgage lending reached a March record of £31.3 billion according to the latest data from the Council of Mortgage Lenders (CML).
Borrowers over-paying on lenders SVR
One in five people (19 per cent) are currently on their lender’s Standard Variable Rate (SVR), potentially overpaying vastly on their mortgage, according to a new report.
Fixed rate buying frenzy forces lenders to slam shutters
Panicked mortgage-holders looking for fixed rate deals to protect against a widely anticipated rising base rate will find the shelves empty as many lenders have already sold out of their cheapest rate deals.
Mortgage rate changes at Portman
The most recent consumer price inflation data has made an increase in the Bank of England Base Rate in May almost inevitable.
Nationwide adjusts rates on fixed and tracker rate mortgages
Nationwide Building Society has announced changes to its range of fixed and tracker rate mortgages.
Scramble for fixed rates – but there is an alternative
Katie Tucker from Charcolonline comments on the news that many mortgage lenders are withdrawing their fixed rate products from the market, “Swap rates have been increasing for the past three weeks in expectation of another rate rise and this is being reflected in the rising fixed rates that have come onto the market.
moneysupermarket.com: lenders' withdrawal of fixed-rate mortgages
Commenting on lenders’ withdrawal of fixed-rate mortgages, Louise Cuming, head of mortgages at moneysupermarket.com said: “It may seem like a rash decision to remove fixed rate deals from the market, but it probably would have happened anyway.
Fixed rates lead as rate rise anticipated and housebuyers borrow more
As inflation reaches 3.1%, a record high since comparable records began ten years ago, a growing number of borrowers opted for fixed rate mortgages in March, as they became increasingly more anxious about their future financial security.
NatWest urges homeowners to save money by remortgaging
NatWest is demonstrating its commitment to offering great value remortgage deals by inviting mortgage customers of Halifax, Abbey, Lloyds TSB, C& G, Woolwich and Barclays to take the NatWest mortgage challenge.
Mortgage Talk - mortgage of the week
National independent mortgage broker Mortgage Talk highlights a selection of the week's mortgage deals.
Lib Dem's idea of 'Energy Mortgages'
Investing in eco-friendly technology and choosing energy from renewable sources is going to be a great way to ensure your house stands out from the rest and appeals to future buyers," said Sophie Neary, product director of BeatThatQuote.com.
Base rate rise and HIPs cast dark cloud on property market
A widely anticipated base rate rise next month (May) and the introduction of the new Home Information Packs (HIPs) on 1 June are likely to significantly put the brakes on the UK property market, Moneynet.co.uk has warned.
Godiva flexes its Flexx
Godiva Mortgages, the specialist lending subsidiary of Coventry Building Society, is introducing new products to its flexible buy to let and self certification ranges.