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Mortgages

Tesco Bank launches new mortgage rates

Tesco Bank has announced three new fixed rate mortgage products over two, three and five years at 60% LTV which offer competitive rates and fees.

HSBC launches new fee-free 50% LTV tracker mortgage

HSBC has launched a new tracker mortgage rate in response to demand from customers with more than 50% equity in their homes.

Mortgage lending by mutuals still on the up in April

Gross mortgage lending by building societies and other mutual lenders was £3.2 billion in April, up by 55 per cent compared to £2.1 billion in the same month last year.

Leeds cuts Buy to Let mortgage rate by up to 0.70%

Responding to continued demand for Buy to Let lending, Leeds Building Society has announced reductions in the headline rate on a number of competitive Landlord mortgages.

Nationwide accepts Help to Buy mortgage applications

Nationwide Building Society will accept mortgage applications from borrowers looking to participate in the Government's Help to Buy - equity loan scheme from Wednesday, May 29.

Leeds cuts rate on market leading 5-year fixed rate mortgage

Leeds Building Society has reduced the rate on its 5-year fixed rate mortgage, available between 70% and 80% loan to value (LTV), by 0.10% to only 3.19%.

Gross mortgage lending rises in April

The Council of Mortgage Lenders estimates that total gross mortgage lending increased by 4% on March to £12.1 billion in April, but cautions that meaningful comparisons with last April are difficult.

New 5 year fixed rates from Keystone Buy to Let Mortgages

Keystone Buy to Let Mortgages has comprehensively improved its offering with new products, rate and fee reductions, and criteria and service enhancements.

Customer misconceptions about equity release still strong

Advisers active in the equity release sector are still having to work hard to allay a significant number of misconceptions held by clients about the products when they offer their advice and recommendations on the choices available.

More borrowers favouring longer-term fixes

New evidence supports Yorkshire Building Society's findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.

First-time buyer activity up again in March

First-time buyer activity remained strong in March with the number of first-time buyers increasing by 20% according to data published by the Council of Mortgage Lenders.

Mortgage range ‘doesn’t meet customer needs’

Just one in five people believe the current range of mortgage products provide enough choice and differentiation to meet customer needs, according to new research from housing investment and equity loan provider, Castle Trust.

Clydesdale and Yorkshire Banks lower fixed rate mortgages

Clydesdale and Yorkshire Banks have introduced new lower fixed rate mortgages.

Retirees manage mortgage and personal debt of £105bn

The UK's retirement nation collectively manages mortgage and personal debt to the tune of £105.5bn, according to research from MGM Advantage.

first direct cuts rates across mortgage range

first direct has responded to market movements and will further reduce rates on over 85% of its mortgage range by up to 50 basis points.