Mortgages

Halifax ‘no fees' first time buyer mortgage

Halifax has launched a new two year, fee free, fixed rate first time buyer mortgage at 5.79%. The product has been specifically designed to help first time buyers by paying the fees on their mortgage, saving them at least £1986 on typical initial costs.

Clydesdale launches mortgage offer for Signature customers

Clydesdale Bank has launched a mortgage offer exclusively for its Signature Account customers.

Barclays looks to boost remortgage market

Barclays is continuing to encourage even more borrowers sitting on standard variable rate mortgages to move to a better rate, by extending the loan to value on its popular ‘Woolwich Great Escape' remortgage package to 80 per cent loan to value from 6th January 2011.

1 in 4 Brits have never switched and saved

New research by comparison site Gocompare.com has revealed that although 61 per cent of consumers are expecting 2011 to be a very difficult year financially, over 12 million of them have never switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender.

Coventry starts New Year with a bang

Coventry and Godiva have launched a top range of marketing leading residential and buy to let mortgages.

Santander reduces mortgage fees by £200

Santander has reduced fees on a selection of its two and five year fixed and tracker products by £200.

Leeds Building Society New Year mortgage sale

Leeds Building Society is transforming its popular current 2 Year discount mortgages into an excellent range of fees assisted New Year sale products, where customers can save over £1,100.

First time buyer mortgage affordability improves

Mortgage affordability for those looking to take their first steps onto the property ladder is at its most favourable for 12 years, according to the latest annual Halifax First Time Buyer Review.

first direct tracker mortgage at 1.49% above base rate

first direct has launched its lowest ever mortgage rate. At 1.49% above base rate (current pay rate 1.99%) for two years, it’s an amazing deal for many homeowners sitting on a competitor's SVR. There’s a £999 booking fee, with the option to reduce the fee to just £99 on agreeing to pay 1.69% above base rate (2.19%) for the first 2 years.

Resolve to give your finances a boost in 2011

Brits could be saving over £3,600 in 2011 by taking time to review their finances and switching to more competitive deals. Despite over a third of Brits feeling they cannot make any savings in areas such as credit cards, home insurance and mortgages, research from moneysupermarket.com has found on average, people could save thousands of pounds over the next 12 months by switching to a better deal which suits their individual needs.

What's in store for buy-to-let in 2011?

Nigel Terrington, chief executive of buy-to-let mortgage specialist Paragon Group, comments on the prospects for the sector over the next 12 months: "2010 has provided a solid base for the buy-to-let market on which to build over the next 12 months. Both the number of lenders and products has increased and gross advances are expected to be up at least 10% on 2009 numbers.