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Mortgages

Yorkshire cuts fixed rate mortgages by up to 0.50 per cent

Yorkshire Building Society has slashed up to 0.50 per cent from the cost of its fixed rate mortgage deals.

Homeowners missing out on an early mortgage finish

Research by Barclays has found that 84 per cent of homeowners could be missing out on the opportunity to shave years off their mortgage by overpaying by even small amounts.

Lloyds TSB acts on call for first time buyer innovation

Lloyds TSB has introduced Local Lend a Hand - a new concept designed to help first time buyers purchase a home with a deposit of just 5%.

17,000 people lost their homes due to reckless lending

More than 17,000 homeowners would have been saved from the nightmare of repossession if proposed cuts to reckless lending had been in place, Shelter reveals today.

Leeds launches unique 3 year fixed rate mortgage

Leeds Building Society has launched the only 3-year non-locked in fixed rate mortgage in the market.Available at only 5.14% and up to 80% loan to value, the product also allows the flexibility of unlimited capital repayments at any time without penalty and offers a free valuation.

Mortgage lending in January fell 26%

An unusual combination of factors led to a 26% fall in house purchase lending in January, according to new data from the Council of Mortgage Lenders.

Barclays launches new everyday banking videos online

Barclays has launched two new online videos, helping customers get to grips with all the essentials they need to know about their everyday banking for savings and mortgages.

Clydesdale and Yorkshire committed to helping first time buyers

For those hoping to take their first step onto the property ladder in 2011, Clydesdale and Yorkshire Banks have some good news.

Northern Rock launches 90% LTV mortgages

As part of its new support package for First Time Buyers, Northern Rock has introduced a new range of Everyday mortgages with competitive interest rates available up to a maximum of 90% LTV.

Yorkshire reduce Mortgage Protection Insurance rates

Yorkshire Building Society has announced that it will be reducing its Mortgage Protection Insurance rates (MPI) in a bid to help customers cope with rising living costs.

Santander launches new two year fixed rate mortgage

Santander, the ‘Home of UK Mortgages', is launching a new two year 60% LTV fix at 3.39 per cent with £995 fee.

Broker buy-to-let business hits 3-year high

Buy-to-let continued to show strong signs of recovery during the final quarter of 2010, grabbing the highest share of mortgage brokers' overall business for over three years.

Home birds could help pay off their parents' mortgage earlier

Using adult children's board money to overpay just £160 each month, could save parents over £10,000 in 5 years on their mortgage.

Jersey house prices remain flat during 2010

Average house prices fell by 2% during 2010 compared to the position at the end of 2009, according to data released this month by the States of Jersey.

Gross mortgage lending declines in January

Gross mortgage lending declined to an estimated £9.2 billion in January, a 13% fall from £10.6 billion in December but a 5% rise from £ 8.8 billion in January 2010, according to new data from the Council of Mortgage Lenders.