Mortgages
Northern Rock reduces rates on Intermediary Exclusives
Northern Rock has reduced rates by up to 0.12% on its Intermediary Exclusive product range and altered the structure of Early Repayment Charges.
TMW improves its residential mortgage range
The Mortgage Works (TMW) is to make a number of enhancements to its residential mortgage range. These include interest rate reductions of up to 0.80% on trackers and up to 0.95% on fixed rate products.
Clydesdale Bank to launch higher LTV products for brokers
Clydesdale Bank is to launch new higher LTV mortgage products for first time buyers and new-builds. The new deals will be available from 14th July.
TMW’s buy-to-let mortgage rates improve
The Mortgage Works (TMW) is to make a number of enhancements to its buy-to-let mortgage range. This includes the launch of new two-year tracker rates starting from 2.99% and reductions of up to 0.4% across the existing range of two-year fixed and tracker products.
Falling rates make Yorkshire mortgages even better value
Yorkshire Building Society has announced that it is slashing its two and five year fixed rate mortgage products offering consumers an even better deal when taking out a mortgage.
Chelsea enters the 90% LTV mortgage market
Chelsea Building Society has announced it is entering the 90% mortgage market with the launch of competitive two and five year mortgage products.
Kensington increases maximum LTV to 90%
As part of its ongoing commitment to support intermediary only lending, Kensington has increased its maximum LTV to 90%.
Mortgage Trust launches eighteen buy-to-let products
Mortgage Trust has significantly expanded its buy-to-let product range with the launch of eighteen competitive new deals.
Platform improve mortgage application process
Platform have introduced an upload document facility to its online application tracking system, clicktrack, which should quicken up the mortgage application completion process for brokers.
Offset mortgage borrowers generating outsize ‘returns' on savings
Over the past two years UK offset mortgage borrowers have earned £1.4 billion more on their savings than those who placed their money in best buy savings accounts, according to research by first direct.
Halifax cuts rates on fixed rate mortgages
Halifax is making reductions of up to 0.35% across its range of 2, 3 and 4 year fixed rate products. This is the latest move in a series of rate cuts across the Halifax mortgage range for homebuyers and remortgagers.
Northern Rock cuts mortgage rates across its range
Northern Rock has reduced mortgage rates both across its core residential and Buy To Let ranges, and its selection of Intermediary Exclusive products.
The rise and fall of tracker mortgage rates
The Bank of England has today announced that the bank base-rate will remain at 0.50% for the 28th consecutive month.
Leeds cuts rates on 2 and 3 year fixed rate mortgage range
Following the recent improvements to its 5 year fixed rate mortgage range, Leeds Building Society has announced further reductions on 2 and 3 year fixed rate products.
Santander offers new two year fixed rate mortgage
Santander is launching a new market leading two-year remortgage rate, demonstrating its continued support for the UK housing market.