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Mortgages

Skipton cuts rates on new build fixed range and simplifies its Help to Buy range

Skipton Building Society is cutting rates up to 0.34% on 2 year New Build products at 90% LTV and is also launching a simplified Help to Buy range.

Leeds criteria changes aid interest only borrowers

Improvements to its interest only mortgage range are enabling Leeds Building Society to help more under-served borrowers.

Gross mortgage lending £17.6 billion in February

The Council of Mortgage Lenders estimates that gross mortgage lending reached £17.6 billion in February.

Paragon launch consumer buy-to-let offering

Paragon Mortgages will now be accepting applications for consumer buy-to-let via its sister brand Mortgage Trust.

Buy-to-let gained chokehold over first time buyers in 2015

New statistics from comparethemarket.com reveal that the rapid growth of the buy-to-let market during 2015 has come at the expense of first-time buyers, despite Government initiatives to encourage home ownership.

Leeds lowest ever 10 year fix rated “outstanding”

The lowest ever 10 year fixed rate mortgage launched by Leeds Building Society has been rated “outstanding”.

West Brom removes mortgage completion fees and improves rates

Building society the West Brom has reviewed its mortgage range, lowering fees and cutting rates by up to 0.30%.

The Yorkshire helps first-time buyers with an extra £500

Yorkshire Building Society is giving first-time buyers a helping hand by offering them an extra £500 cashback when they complete on a mortgage with the Society.

Volume of let-to-buy mortgages up as MCD deadline approaches

As lenders prepare for the implementation of the Mortgage Credit Directive (MCD) in March, Paragon Mortgages’ latest Financial Advisors Confidence Tracking (FACT) report reveals that in Q4 2015 nearly one in eight of mortgage cases dealt with by brokers related to let-to-buy.

Low fee and incentives add to attraction of competitive Leeds fixed rates

The latest competitive two year fixed rate mortgage deals from Leeds Building Society include attractive incentives such as low fees, free valuations and fees assisted legal services.

Gross mortgage lending up 8% in 2015

The Council of Mortgage Lenders estimates that gross mortgage lending reached £19.9 billion in December.

Mortgage Trust refreshes range for 2016

Mortgage Trust is ringing in the New Year with a refreshed buy-to-let mortgage range offering competitive, 2, 3 and 5 year fixed rate products, at up to 80% Loan to Value (LTV), as well as a selection of tracker products.

Lloyds extends £500 cashback offer to first-time buyers and homemovers

Lloyds bank has today extended its existing £500 remortgage cashback offer to include its first-time buyer and homemover range.

Half of buyers want to see return to 100% mortgages to beat deposit barrier

Half of homebuyers would welcome a return to 100% loan-to-value mortgages to jump the hurdle of not being able to save a big enough deposit to purchase a home, research by mortgage lender and broker Ocean Finance reveals.

How much is your mortgage really worth?

Historically, inflation has made fixed-term mortgages seem like a sure bet. Inflation tends to reduce the value of mortgage debt, while wages and salaries tend to rise to match it, making mortgage repayments feel that little bit easier.