Mortgages
Buy-to-let sector continues to grow
Gross mortgage lending of £4.2 billion across 33,500 mortgages was advanced to buy-to-let landlords in the first quarter of 2013, according to latest survey data from the Council of Mortgage Lenders.
New peer to peer mortgage launches for buy to let investors
Peer-to-peer lender Assetz Capital has launched 'Lend to Let', the first P2P buy-to-let mortgage, providing loans for overseas buy to let investors struggling to secure mortgages on UK property.
250,000 over 50s say they will have to sell home to pay off mortgage
While most young people are struggling to get on the property ladder, some over 50s are clinging on to the last rung.
Leeds reduces first time buyer mortgage by up to 0.50%
Leeds Building Society has reduced the rate on its 5 Year Fixed Rate Local Authority Mortgage Scheme (LAMS) mortgage by 0.50%, to 4.99%, which is available up to 95% LTV.
Coventry extends range of Offset and Flexx for Term mortgages
Coventry Building Society has extended it's highly competitive range of Offset and Flexx for Term options.
First time buyers get stamp duty boost
First time buyers applying for a mortgage with Halifax will benefit from up to £2,500 cash back, with the lender covering the cost of Stamp Duty.
10 years' peace of mind with latest Yorkshire best buy mortgage
Yorkshire Building Society is offering borrowers long-term peace of mind with its new best buy 10 year fixed rate mortgage.
N&P launches new best buy, low fee fixed term mortgage
Norwich & Peterborough Building Society (N&P) is launching a new, low fee three year fixed rate mortgage at a best buy rate of 2.49%.
Metro Bank reduces rates on residential mortgages
Metro Bank has announced a refresh of its residential mortgage range, reducing prices by up to 50bps. At 80% LTV, the 2 year Fixed Rate product will reduce to 2.99%, while the 2 year Tracker Rate mortgage price is set at 2.89%.
Home loans fall 7% in March as borrower finances feel the strain
House purchase lending fell 7% in March thanks to weakening borrower demand and tough lending criteria, according to the latest Mortgage Monitor from e.surv chartered surveyors.
The Co-op makes picking a mortgage easy with market leading rates
The Co-operative Bank has launched a range of market leading fixed mortgage rates, designed to support new and existing customers.
Lending to first-time buyers increases in February
The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to data by the Council of Mortgage Lenders.
first direct reduces its 90% LTV fixed rate mortgages
first direct is reducing its 90% LTV fixed rate mortgages by up to 30 basis points on Friday 12 April 2013.
Chelsea launches it’s lowest-ever three year fixed rate mortgage
Borrowers looking for a best buy short-term fixed rate mortgage now have more choice thanks to Chelsea Building Society.
Buy to let remortgaging hits new high as high yields tempt landlords
The first quarter of 2013 saw a new high in remortgaging activity, with more landlords trying to raise enough capital to expand their portfolios and take advantage of high gross yields, according to detailed research by Mortgages for Business, the specialist buy to let broker.