Mortgages
Paragon bolsters buy-to-let product range
Paragon Mortgages has bolstered its buy-to-let offering with the launch of a range of leading fixed and tracker rate products.
The long distance mortgage race
"The last few weeks have unquestionably been a rollercoaster in the mortgage market. Lenders are looking to get just the right amount of business on their books before removing their market-leading mortgages from the market.
Santander mortgages launches new large loan option
From Friday 4 February, Santander, the ‘Home of UK Mortgages' is launching a new large loan option for customers seeking to beat the new 5 per cent Stamp Duty rate (up from 4%) on properties that exceed £1m which is effective from 6th April 2011.
Mortgages - See but don’t touch
Two years ago the number of prime residential mortgage products fell to an all time low of 1,097. Today, the number of mortgages available has more than doubled to 2,447.
You could get more for your savings with an offset mortgage
High rate tax payers could earn £2085 more on savings of £50,000 in just one year with an offset mortgage.
Brokers buoyed by boost in mortgage business
A boost in lending and access to products has led to an improvement in intermediary confidence for 2011, following an eventful 2010.
Conveyancing Alliance continues to offer ‘Rapid Remortgage’
Conveyancing Alliance, the online conveyancing distributor, has announced it is to continue offering its special remortgage deal, the ‘Rapid Remortgage’.
Institutions take the place of mortgage lenders
Mill Group, a specialist property and finance group with close to £1bn of assets under management, is looking to raise at least £100million with the launch of the UK’s first property investment fund that will offer investors the opportunity to invest in residential property by financing first time home buyers (FTBs) and removing their need for a mortgage.
N&P increases LTV on selected mortgages
N&P (Norwich and Peterborough Building Society) is giving a boost to those looking at buying their first home, or re-mortgaging their current home, by increasing the loan to value (LTV) on a number of discounted rate mortgages to 85%.
Lloyds TSB Equity Support Scheme to help property prisoners
Lloyds TSB champions the need for a sustainable housing market and today identifies the borrowers key to achieving this. Releasing its inaugural report, Lloyds TSB introduces the plight of Second Steppers.
HSBC launches low rate long term fixed rate mortgages
HSBC has launched a range of low rate fixed mortgages following a marked increase in demand for longer term fixed rate loans. The new deals include a five year fixed rate at 4.29% with £99 fee and a seven year fixed rate at 4.69% with £999 fee.
Record low base rate creates ‘false sense of security’
Over seven million homeowners have not reviewed their mortgage since the base rate first fell to 0.5% back in March 2009 according to new research by unbiased.co.uk, the professional advice website.
Mortgage brokers predict 2011 buy-to-let bounce
The return to health of the buy-to-let mortgage market continues to gather pace, with nearly half of mortgage brokers expecting to increase the level of buy-to-let business they introduce during 2011, research from Paragon Mortgages has revealed.
Skipton International surges to number one mortgage spot
A significant change to the old order was revealed in official figures released this month giving details of mortgage volumes in Guernsey for 2010. These show for the first time that local bank Skipton International has surged to the number one spot, claiming nearly 30% of all mortgage bonds issued during 2010.
Fees make finding the right mortgage a harder task
Mortgage providers are charging their customers a total of 39 different types of fee, according to new research by Which? Money.