Mortgages

Will it be a happy New Year for mortgage holders?

As the Bank of England Monetary Policy Committee (MPC) meets later this week, many mortgage customers will be counting the cost of Christmas and wondering what will happen to their mortgage payments.

YBS expands Homebuy offering with 5 year fixed rate mortgage

Applications for Yorkshire Building Society’s Open Market Homebuy (OMHB) mortgage have proven to be brisk since the launch of the scheme at the beginning of October 2006 – highlighting the need for an innovative solution to help eligible borrowers to get on to the housing market ladder.

N&P launches ‘credit repair’ mortgage range

Norwich and Peterborough Building Society (N&P) has launched a new range of mortgages aimed at homebuyers whose credit rating is low due to previous debt problems.

GMAC-RFC fills the black hole landlords face

Landlords are increasingly struggling to meet their mortgage repayments as the gap between purchase prices and achievable rents is widening, according to recent research by GMAC-RFC.

Making your savings work for you

As people are recovering from Christmas spending, Britannia is helping people to save by knocking thousands of pounds off their mortgage.

Offset opportunities make sense for savers

Offset mortgages are suitable for more borrowers than people may think, according to new figures.

HSBC offers market-leading five year fixed rate

HSBC is offering a market-leading five year fixed rate mortgage at 5.17% as part of the HSBC Green Sale. With no booking or exit fees, this mortgage deal is one of the cheapest five year fixed rate mortgages available today.

GMAC-RFC’S lending exceeds £12 billion in 2006

GMAC-RFC today released their pre-audit lending figure for 2006 at £12.1bn – a staggering 75% year-on-year growth in a market that is estimated to have grown by 15%.

Banks still cheapest for mortgages

Banks held on to the top spots as cheapest mortgage lenders in 2006 for existing borrowers, according to new research from Defaqto, the financial research company.

2007 set to be another busy year for landlords and intermediaries

After a very successful 2006, residential property investors and the intermediaries who advise them are expected to enjoy another busy year in 2007.

Rental demand set to propel buy-to-let in 2007

Seventy per cent of brokers expect buy-to-let business volumes to increase in 2007 due to product innovation and rising tenant demand, according to research from Mortgage Trust.

Woolwich launches new 2007 mortgage range

Woolwich, which established itself as the market's leading provider of long term fixed rates and life time trackers in 2006, is starting 2007 with a new mortgage range that includes its best ever life time tracker deal as well as two best buy fixed rates.