Mortgages
Tenant demand continues to rise
Nearly half of landlords reported that tenant demand rose during the first quarter of 2011, buy-to-let mortgage specialist Paragon's Private Rented Sector Trends Report has revealed.
Half price mortgage offer from Clydesdale and Yorkshire Banks
Clydesdale and Yorkshire Banks are launching a mortgage deal which is guaranteed to put a spring in the step of homeowners.
Buying is 14% more affordable than renting
The cost associated with buying a home in the UK is typically 14% lower than renting a property, according to research by Halifax.
Skipton cuts mortgage fees and rates
Skipton Building Society is further enhancing its competitive mortgage range with a variety of changes to its fixed interest rates and fees.
Enhanced equity release sales surge in Q1
Strong sales of enhanced equity release plans have established More 2 Life as the third biggest lender after just six months of full operation, new figures show.
Fixed rate purchases fall back after peaking in February
The latest mortgage index from John Charcol suggests that the recent sharp increase in the proportion of borrowers choosing a fixed rate has been reversed.
Paragon Mortgages launches new fixed rates
Buy-to-let mortgage specialist Paragon Mortgages has launched three new fixed-rate products targeted at professional landlords.
Aviva improves its equity release plans
Aviva, the market leader in equity release, is helping its customers by improving its lifetime mortgage plans. The improvements have been introduced following feedback from customers and financial advisers and include:
Barclays cuts rates on mortgage deals
Barclays has made cuts to its Woolwich tracker and fixed rate mortgage range by up to 0.32 percentage points to encourage borrowers to switch rates now before base rate start to rise.
Gross mortgage lending up 21% in March
Gross mortgage lending was an estimated £11.3 billion in March, a 21% rise from £9.3 billion in February and a 2% decline from £11.5 billion in March 2010, according to data from the Council of Mortgage Lenders.
Kensington revamps mortgage range
Kensington has revamped its mortgage products, introducing a new first-time buyer range, 5-year fixed rates, lower rates and higher LTVs as part of its strategy to become the intermediary lender of choice.
Northern Rock improves buy-to-let range
Northern Rock has launched a competitive new range of Buy to Let (BTL) mortgage products and reduced rates on its existing BTL 2, 3 and 5 Year Fixed rate Everyday mortgages.
Intermediaries boosted by buy-to-let
Nearly half of mortgage intermediaries reported an increase in buy-to-let business during the first quarter of the year, Paragon Mortgages' research has found.
Nationwide cuts rates on three-year fixed rate mortgages
Nationwide is to decrease the interest rates of all its three-year fixed rate mortgages by up to 0.2%. The changes will take effect from Friday, 15 April 2011.
TMW launches BTL deals with free valuation and legal fees
The Mortgage Works (TMW) is stepping out from the crowd by offering its buy-to-let purchase customers free standard valuation and free standard legal fees - the only lender to do so.