Mortgages
Santander Mortgages launches new deals
Following the launch of last week's market-leading two year 90% LTV fix, Santander, the ‘Home of UK Mortgages', is reducing the rate on another great product available exclusively to first time buyers by 0.15 per cent:
Skipton launches Options mortgage range
With Bank Base Rate widely expected to begin rising before the end of 2011, Skipton Building Society is offering borrowers added peace of mind with its Options mortgage range, an innovative new set of Base Rate Tracker products offering a ‘Switch and Fix' facility.
Northern Rock improves its award-winning mortgage website
Less than six months after scooping a prestigious award for ‘best use of digital’, Northern Rock has further enhanced its mortgage website with a video guide, to help home-buyers through the exciting but sometimes daunting journey of buying their first property.
Intermediaries play crucial role in mortgage market
The Intermediary Mortgage Lenders Association (IMLA) has welcomed evidence that shows intermediaries continued to play a crucial role in the UK mortgage market in 2010, responsible for introducing two thirds of first-time buyer mortgages and over half of home mover loans and remortgages.
Mortgage market stable but subdued
New data from the Council of Mortgage Lenders shows that mortgage lending stabilised in 2010 following very sharp falls in 2008 and 2009.
Securing a mortgage could be easier than you think
Mortgages aren’t as hard to come by as some people think – even for those without a large deposit – according to one of the financial advisers who helps customers secure a brand new Redrow home.
Halifax makes over mortgage range
Halifax has announced changes to its mortgage products. A range of new deals will launch on Friday 11 February in addition to reductions across the range.
HSBC sees increase in applications from First Time Buyers
Stuart Beattie, head of mortgages at HSBC commented, "Although today's decision by the Monetary Policy Committee was expected, homeowners will still be relieved that interest rates have been kept on hold.
Not too late to fix your finances
The Bank of England's decision to keep Base Rate unchanged at 0.5 per cent for the 23rd consecutive month is good news for anyone enjoying low interest mortgage repayments. However, moneysupermarket.com warns borrowers on variable rate mortgages to prepare for a Base Rate increase and consider fixing now.
Santander Mortgages offers 90% LTV to help first time buyers
Santander is launching a new mortgage to help first time buyers get on the property ladder. Offering a market leading 5.45 per cent rate, the two year fixed has a 90 per cent LTV and low £99 fee.
Buy-to-let market continues modest improvement
The buy-to-let market grew by 7% in 2010, according to the latest data from the Council of Mortgage Lenders.
Home repossessions fall 24%
The Council of Mortgage Lenders has revealed that, at 36,300, the number of repossessions by first-charge mortgage lenders in 2010 accounted for just 0.3% of all mortgages.
NLA mortgages announces new rates
The National Landlords Association has announced a new range of fixed and variable interest rates, which are specifically tailored to the needs of landlords.
Fixed mortgage rates at 6-month high
Average mortgage rates today stand at their highest level in six months as lenders pass on rising funding costs to borrowers.
Kensington launch new buy to let range
Kensington have launched a range of brand new buy to let products, featuring lending up to 85% LTV, required rental cover of 120% and fixed rates from 5.24%.