Mortgages

Best buy five year fixed rate mortgage

Yorkshire Building Society aims to retain its place at the head of the best buy tables with two reduced fixed rate mortgage deals.

Mortgage market stable but tough times continue

The Association of Mortgage Intermediaries (AMI) has released its latest Quarterly Economic Bulletin looking at the economy, housing and mortgage markets.

Gross mortgage lending increases in June

Gross mortgage lending totalled an estimated £12.6 billion in June. This represented a 16% increase from the £10.8 billion lent in May but was 3% lower than June 2010 (£13.0 billion), according to new data from the Council of Mortgage Lenders.

Nationwide to reduce all two and three-year fixed mortgage rates

Nationwide is to reduce all its two and three-year fixed rates by up to 0.30% for new applications. The reduction means Nationwide will offer a best buy three-year fixed rate at 3.39% (up to 70% LTV).

Skipton cuts rates on residential and buy to let mortgages

Skipton Building Society is further enhancing its attractive mortgage offering by reducing rates on selected residential and buy-to-let fixed rate products.

Why get in a fix, when you can cap for less?

A capped tracker mortgage will secure homeowners against Base Rate rises and save them money over the next 3 years.

Green shoots of recovery for first time buyers in mortgage market

First time buyers and borrowers with smaller deposits are enjoying the first signs of recovery in the UK mortgage market, with the number of products available for those with a 10 per cent deposit rising to the highest levels since November 2008, according to analysis by moneysupermarket.com.

Accord rolls out innovative hybrid tracker to fixed product

Accord Mortgages will roll out its ‘tracker to fixed' hybrid product to all lending partners on Tuesday 19th July, following its successful launch with Concordia and other selected partners earlier this year.

Kensington doubles maximum loan size to £1m

Kensington has doubled its maximum loan size to £1 million and its maximum loan for first-time buyers to £500,000.

New talks could spark shift in mortgage lending

The restrictions on mortgage lending have caused a huge strain on the property market, but things could soon be about to change as John Elliott, Managing Director of Millwood Designer Homes, explains:

9,000 mortgage products launched or updated in the 3 months

According to independent financial research company Defaqto, 8,968 mortgages were either brought to market or updated by providers between 1st April and the end of June this year. In addition, almost 600 mortgage products were removed from the market during this period.