Mortgages
Leeds launches 2 year discount mortgage at 2.80%
Leeds Building Society has unveiled a new 2-year discount mortgage at only 2.80%. Furthermore, this deal also allows the flexibility of 10% capital repayments each year and there is no higher lending charge.
N&P cuts mortgage rates and offers new 2 year fixed rate
N&P (Norwich and Peterborough Building Society) is giving a double dose of good news to those looking to buy their first home, re-mortgage or move home.
Leeds offers new 2 year discount buy to let deals
Leeds Building Society has launched a best buy 2 year discount buy to let deal from 4.29%. This rate is available up to 65% LTV and has been awarded 4 stars by the information provider Moneyfacts.
Leeds launches new 5-year fixed rate mortgage range
Leeds Building Society has launched a new market leading 5-year mortgage at only 3.89%. Furthermore, this product also allows the flexibility of 10% capital repayments each year and there is no higher lending charge.
Santander launches two-year tracker for existing customers
Santander has launched a new competitive two-year tracker available exclusively to existing Current Account customers.
Brokers get automatic help to keep track of applications
Barclays unveils an updated IntroTrack service to ensure any broker submitting Woolwich mortgage applications automatically gets signed-up for the service, allowing them to receive email updates at each of the six key stages.
Cost of running a home falls
The cost of running a home has fallen by nearly 14% in the past two years and now stands at around £8,059 per year, according to estimates based on analysis of industry data by Sainsbury's Home Insurance.
Buy-to-let lending showing modest signs of recovery
Buy-to-let lending rose by 12% in the third quarter, according to latest data published by the Council of Mortgage Lenders, supported by ongoing demand for rental property against the backdrop of a dysfunctional owner-occupier market.
Mortgage arrears and possessions fall
Mortgage arrears and possessions continued to decline in the third quarter, according to latest CML data, showing that a combination of low interest rates, a responsible approach by borrowers and lenders, and support from the government and debt advisers has been helping to keep payment problems in check.
Platform launches new buy to let range
Platform further underlined its plans to support the buy to let sector with the launch of a new product range.
Borrowers start to flirt with remortgaging
The latest mortgage index from John Charcol reveals that borrowers making enquiries about remortgaging spiked by 42% in October when compared to the previous month, while purchase enquiries were broadly the same.
Christmas may have come early for first time buyers
Things are looking up for first time buyers, according to analysis from moneysupermarket.com. There has been a 22 per cent increase in the number of products available for first time buyers since the start of this year.
Top tips for mortgage borrowers in the current climate
Especially in the current interest rate environment, the mortgage market is leaving many borrowers confused about the right approach to take and the best options open to them. But help is at hand - unbiased.co.uk's mortgage advisers give their top tips to help first time buyers and those looking to remortgage to find the best rates.
Santander mortgages cuts fixed rates
From tomorrow, Friday 5 November, Santander will yet again reduce rates on its fixed products. This latest round of changes compliments our existing range of products and extends the choice of longer term fixed rate products for those customers looking for stability in their mortgage payments.
Yorkshire’s mortgages to suit everyone
A new dress may look wonderful on the mannequin but may be totally unflattering when worn. Similarly the type of mortgage a borrower chooses should be tailored to their personal needs.