Mortgages

Platform reduces buy to let rates by up to 0.10%

Platform, the intermediary lender of The Co-operative Bank, has reduced rates on its Buy to Let mortgage range by up to 0.10 per cent.

Remortgage demand prompts Leeds to launch new five year deal

Leeds Building Society has launched a new five year fixed rate deal for remortgagers wanting to take advantage of current competitive rates.

Gross mortgage lending grows by 9% in July

The Council of Mortgage Lenders estimates that gross mortgage lending reached £22 billion in July.

Spike in number of mortgage deals for August already highest for five years

A national firm handling conveyancing for many of the UK’s major lenders has reported an extraordinary jump in the number of mortgage deals in the past two weeks.

Mortgage rates starting to edge up on base rate rise speculation

With recent indication that the Base Rate could rise in a matter of months, several lenders have started to hike their mortgage rates. Therefore those looking for a new mortgage should make the most of the current offers now before it’s too late, urges MoneySuperMarket.

Rate cut for fees assisted high LTV two year fix from Leeds

Leeds Building Society is reducing the rate of its fees assisted two year fixed rate mortgage at 90% LTV from 3.79% to 3.29%.

Halifax launch market leading instant online Agreement in Principle

Halifax has launched a mobile Agreement in Principle (AIP) tool which enables customers to receive an instant lending decision while they are on the move in less than fifteen minutes.

Platform reduces rates for borrowers with smaller deposits

Platform, the intermediary lender of The Co-operative Bank, has revised its mainstream mortgage range available to brokers.

Gross mortgage lending up 29% in June

Gross mortgage lending in June showed a significant rise compared to the previous month, according to the Council of Mortgage Lenders.

Mortgage broker confidence sitting just below highest recorded levels

Mortgage broker confidence in the outlook for their own firms continues to recover, with the proportion of intermediaries who feel ‘very confident’ about the outlook for the intermediary sector and the mortgage market as a whole increasing in Q1, according to the latest Halifax Intermediaries Broker Confidence Tracker.

Around half of young borrowers will need a mortgage lasting into retirement

Around half of 25-34 year olds say they may need a mortgage that lasts into retirement, a BSA survey has revealed.

Nationwide Group offers joint let to buy and homebuyer mortgage deal

Nationwide Building Society is launching a new loyalty initiative for customers converting their existing main residence into a Buy to Let through The Mortgage Works (TMW) to rent out, while at the same time purchasing a residential property to live in.