Mortgages
Wrap up a new mortgage before Christmas
first direct urges homeowners to remortgage to a cheaper homeloan now and take advantage of lower monthly payments before this Christmas's bills hit their pocket.
Leeds 3 year fixed rate mortgage from only 3.45%
Leeds Building Society has launched a new 3-year mortgage at only 3.45%. Furthermore, this product also allows the flexibility of 10% capital repayments each year and there is no higher lending charge.
Santander cuts mortgages rates again
From today (Thursday 2 December), Santander will reduce a selection of its two and three-year fixed remortgage products by up to 0.16 per cent:
October mortgage lending by mutuals down 10%
Gross mortgage lending by mutuals was £2.0 billion in October, a 10% reduction on the £2.2 billion lent in September, but broadly similar to the average of £2.0 billion over the preceding three months. Mortgage approvals fell by 8% in October to £1.8 billion from £1.9 billion in September.
Yorkshire Bank named Best Regional Lender
Yorkshire Bank has been named "Best Regional Mortgage Lender" by Your Mortgage magazine for the twelfth time.
Clydesdale Bank named Best Mortgage Lender in Scotland
Clydesdale Bank has been named "Best Mortgage Lender in Scotland" for the seventh consecutive year at the prestigious Your Mortgage Awards.
Santander Current Account mortgage exclusives
Santander is launching three new remortgage products available exclusively to existing Santander Current Account and Investment customers:
Subdued mortgage market in Scotland
Scotland continued to see a subdued mortgage market in the third quarter of 2010, broadly mirroring the UK as a whole, according to data by the Council of Mortgage Lenders.
Will 2011 be the year of the fixed remortgage?
The ongoing economic turbulence throughout 2010 left the ‘fix or float your mortgage' debate rather one sided. With no sign of interest rates rising, many homeowners have sat tight on standard rates or opted for trackers. However latest sales data from first direct shows that homeowners may be starting to return to fixed rates in ‘normal' numbers.
Woolwich ‘Great Escape' re-mortgage LTV increased
Barclays increases the loan to value on its popular Woolwich ‘Great Escape' re-mortgage package and introduces a new range of deals from Tuesday 23 November, to help liberate even more borrowers, from standard variable rate mortgages.
Santander cuts mortgage rates again
From today, Friday 19 November, Santander will reduce rates again by up to 0.20 per cent on a selection of its fixed and tracker products as follows:
Leeds launches new shared ownership mortgage
Leeds Building Society has launched a new shared ownership mortgage product, which has been designed to help first time buyers onto the housing ladder, with a competitive fixed rate for shared ownership of only 5.99%.
The Co-op and Britannia provide boost for first time buyers
The Co-operative Bank and Britannia are providing a further helping hand to first time buyers by cutting the rate on their two year fixed 90% mortgage.
Mortgage lending down 9 per cent
Gross mortgage lending in October was an estimated £12.4 billion, unchanged from September but down 9% from £13.6 billion in October 2009, according to new data from the Council of Mortgage Lenders. This is the lowest October total since 2000 (£9.9 billion).
Northern Rock cuts mortgage rates by up to 0.60%
Northern Rock has improved its mortgage range for both purchase customers and those looking to remortgage.