Mortgages
UCB Home Loans launches long-term green programme
UCB Home Loans, the specialist intermediary lender of Nationwide, today announced the launch of a long-term programme of initiatives on environmental issues.
Rise of plus size mortgages should mean costs come down
Commenting on the news that more and more homebuyers are taking out 100 per cent mortgages, Ray Boulger, senior technical manager at independent mortgage broker John Charcol, said:
UCB Home Loans reduces fixed rates
Specialist intermediary lender, UCB Home Loans, is reducing fixed rates across its entire core range of self-certification and buy-to-let mortgages, with effect from today.
Higher interest rates put the brakes on housing
January’s surprise base rate hike hit mortgage market sentiment, says Moneyextra.com. Although mortgage rates take time to change, the increase in base rate early in the New Year appears to have had a salutary effect on homebuyers and mortgage payers.
Fixed rate mortgages unspun
Moneyfacts.co.uk comments on the Liberal Democrats motion condemning high mortgage fees.
Platform issues first same day offer
Platform, the intermediary lender of Britannia, is proud to announce the delivery of its first same day mortgage offer using AVM technology and its Click online systems.
Alliance & Leicester builds on continued success in mortgage market
Alliance & Leicester has announces another strong set of annual results for mortgages in 2006, producing £12.6 billion of gross lending and a total net lending of £4.9 billion. The bank now lends in both prime residential and specialist mortgage markets, bringing more choice and competition together with great customer service to its new and existing customers.
The Mortgage Works sharpens rates and launches new self cert products
Specialist mortgage lender, The Mortgage Works, has made a number of changes to its portfolio and has reduced the rates on many of its buy to let and self certification mortgages.
GE Money Home Lending reacts to growth markets
GE Money Home Lending has refreshed its igroup and First National product ranges, in response to recent market developments and to make home ownership and property investment more accessible and convenient to borrowers.
Cap with the Coventry
The Coventry is refreshing its entire mortgage range, to include a new highly competitive capped rate mortgage.
Mortgage lending begins 2007 in robust shape
Gross lending hit an all-time January high of £26.8 billion according to the latest data from the Council of Mortgage Lenders.
Mortgage-free living – up to 52 years away!
Julia Harris analyst at Moneyfacts.co.uk investigates: “A mortgage for most of us will represent the largest and longest financial commitment of our lives. For many years the standard term considered for a mortgage in the UK was 25 years, but as affordability becomes increasingly difficult for many of today’s first time buyers, a 25-year term is perhaps no longer considered sufficient.
Self-employed confident about prospects
Almost a third (32%) of self-employed people are ‘very confident’ about the prospects for their business over the next six months, with 47% expecting turnover to increase in the coming year.
Leeds Building Society launches new Lifetime Tracker mortgage
Leeds Building Society has launched a new Lifetime Tracker mortgage with enhanced income multiples, which is available up to 95% loan to value and there is no higher lending charge.
Muslim mortgage approvals worth over £100 million in last six months
Over the last six months alburaq, the leading Shariah compliant financial services provider, has approved over £100 million worth of mortgage business and is set to see the total market grow to over £1 billion by 2009.