Mortgages
More choice for borrowers
Britannia Building Society has relaunched its entire mortgage range to give borrowers more choice.
Kensington targets specialist Prime sector
Kensington Mortgages is using its 12 years’ experience of lending to borrowers with adverse credit histories to launch an assault on the specialist prime market for borrowers who need specialist mortgage products but have not had any credit problems.
Buy to let lenders increase portfolio limits from £2million to £5million
Mortgages for Business, the specialist buy to let mortgage brokerage, reports that January has seen a number of buy to let mortgage lenders moving portfolio lending limits upwards.
Bank rate freeze
Rate hold suggests January Consumer Price Index and Quarterly Inflationary Report not too negative.
Banks and building societies hike fixed-rate mortgage fees to sting fixers
Banks and building societies have raised their application fees on fixed rate mortgage deals as homeowners surge towards fixed deals in the wake of three base rate increases in six months, according to MoneyExpert.com.
Smile launches new tracker mortgage
Internet bank, smile, is launching a new tracker rate mortgage product.
Alliance & Leicester launches new specialist mortgage deals
Alliance & Leicester is amending its current range of specialist mortgages.
Intelligent renovation with BuildLoan
Intelligent Finance has joined forces with BuildStore, the UK's leading specialist in the self build and renovation market, to offer a unique offset home refurbishment mortgage for intermediaries under their BuildLoan brand.
Investor landlord activity continues to grow
Over two-thirds (70%) of all buy-to-let applications in December were for mortgage products under 75% LTV – a 23 per cent increase compared with the previous month indicating that 2007 could well continue to be popular for the buy-to-let market.
Buy-to-let: When is a high fee too high a fee?
Buy-to-let landlords looking for low priced mortgage deals should beware the potential pitfalls of low interest rate products, which have hefty fees and charges alongside.
HSBC launches new mortgage range with one great rate
From Monday 5 February, HSBC is launching a new range of mortgages all at one great rate of 5.89%.
Buy to let mortgages available to offshore companies
Mortgages for Business, independent buy to let mortgage brokers, has announced they are now able to offer offshore companies the ability to invest in UK residential property using a new exclusive range of buy to let mortgages.
GMAC-RFC announces twelfth portfolio sale to Britannia Treasury
GMAC-RFC has announced its twelfth portfolio sale to Britannia Treasury Services. This £400 million deal comprises of a blended pool of prime, buy to let and self-cert products and was completed on the 31st January 2007.
Annual mortgage interest – An interest free loan for the lender at what cost to you?
Julia Harris, mortgage analyst at moneyfacts.co.uk investigates: “If you have battled your way through the minefield of mortgage options, interest types, rates, fees and other terms and conditions currently available, there is one final piece to the jigsaw of which many borrowers may be blissfully unaware, but which could end up costing them thousands of pounds in additional interest charges. It is purely down to the way in which their mortgage interest is calculated.
GE Money Home Lending outperforms market by almost two to one
GE Money Home Lending achieved impressive double digit growth in its core mortgage business during 2006, with significant volume generated through new and existing products and partnerships.