Mortgages

February mortgage lending shows healthy trend for 2012

Gross mortgage lending by building societies and other mutual lenders rose 28% in February 2012, compared to the same month last year.

Yorkshire cuts conveyancing costs for borrowers

Yorkshire Building Society is cutting costs for borrowers by extending help with valuations and legal fees to all mortgage customers.

New offset and buy to let mortgages from Coventry BS

Coventry Building Society is launching a fantastic new range of Offset and Buy to Let products with flat fees, ideal for borrowers who requiring a larger loan.

The Co-op offers first time buyers stamp duty support

With the stamp duty holiday for first time buyers due to come to an end this Saturday (24 March), The Co-operative Bank is launching a new range of fee-free products offering relief to first time homeowners who may have missed the deadline.

N&P launches best buy mortgage range

Norwich & Peterborough Building Society (N&P) has launched a new range of mortgages, including N&P’s lowest ever three year fixed.

The Co-op launches campaign for interest only mortgage customers

The Co-operative Bank is waiving fees and launching a major campaign to increase the number of interest only mortgage customers with a repayment strategy in place.

TMW launches new and enhanced Buy to Let product range

With effect from Friday 16 March The Mortgage Works (TMW) is to make a number of changes to its Buy to Let mortgage range including the launch of a new two-year tracker at 75% LTV, a new lifetime variable rate product, and improvements on selected fixed rate products by up to 0.60%.

Nationwide launches NewBuy products

Nationwide Building Society is showing its support for the NewBuy scheme by introducing a NewBuy mortgage range.

Barclays launches NewBuy mortgages

Barclays has reaffirmed its commitment to first time buyers with the launch of two competitively priced mortgages with rates from 4.99 per cent, to support the Government's NewBuy initiative which will provide mortgages up to 95 per cent loan to value (LTV) for new build properties in England.

N&P re-enters the tracker mortgage market

Norwich & Peterborough Building Society (N&P) has launched a new range of tracker mortgages, including a best buy 2.49% (BBR +1.99%) two year tracker product.

NatWest support for Government NewBuy scheme

NatWest confirmed participation in the launch of the Government NewBuy Scheme. The initiative aims to help 100,000 people buy a new-build home with a deposit between 5% and 10%.

SVR increases add to borrowers' woes

Ray Boulger of leading independent mortgage adviser John Charcol comments on the news that the MPC left Bank Rate and the size of the Quantitative Easing programme unchanged on the third anniversary of reducing Bank Rate to its lowest ever level of 0.5%.