Mortgages
It could be time to offset your mortgage
With the base rate at 0.5%, savings rates are low, but so are mortgage rates, so now could be the time for many homeowners with savings to consider offsetting, says Nick Scarrett, head of pensions and investments at Fair Investment Company.
The Co-op and Britannia launch more market leading mortgages
The Co-operative Bank and Britannia are launching even more market-leading mortgages this week. Available from Wednesday (26 May) the new mortgages include a two-year fixed rate mortgage at 2.95% and a five-year fixed rate mortgage at 3.99%.
The curious case of the five year fixed rate mortgage
Analysis from moneysupermarket.com has found that whilst the total number of mortgages available today is just 12 per cent of what was available back in April 2007, there is one stark anomaly - five year fixed rate mortgages.
To fix or not to fix, Skipton asks the eternal mortgage question
With the UK political landscape in a constant state of flux at present and the threat of ever higher interest rates hanging over the economy, this is the question of the moment.
Legal & General signs deal with Precise Mortgages
Legal & General Network has agreed with Precise Mortgages to distribute several buy-to-let mortgage products.The new product range can be viewed at precisemortgages.co.uk.
Nationwide five-year fixed rate mortgage deals
With effect from Tuesday 25 May 2010, Nationwide will reduce selected rates on its five-year fixed rate mortgages. The reductions range between 0.10% and 0.31%, with the average cut being 0.23%.
Mortgage lending fell in April
Gross mortgage lending declined to an estimated £10.2 billion in April, down 12% from £11.6 billion in March and 1% from £10.3 billion in April 2009, according to new data from the Council of Mortgage Lenders.
Buy-to-let begins the fight back
The buy-to-let (BTL) sector was one of the biggest casualties of the credit crisis. At its lowest point (September 2009) 95% of all deals available at the peak of the market (August 2007) were withdrawn.
Time for one of the 203 offset mortgages?
Independent financial research company Defaqto believe that the combination of flexibility, tax advantages and low interest rates mean that now could be the time for higher rate taxpayers to consider an offset mortgage.
Homebuyers place their trust with mortgage intermediaries
IMLA, the specialist trade body representing the interests of lenders who market their products through brokers, welcomes new evidence which shows the intermediary sector continues to dominate the UK mortgage lending market, responsible for introducing nearly two thirds of all mortgages.
Intermediaries given chance to score with new mortgage
With the globe's greatest football tournament kicking off in South Africa next month, Platform have launched a new mortgage fixed until the next World Cup begins in 2014.
Public perception of the mortgage market lags behind reality
Brits' perceptions of the mortgage market are still lagging behind reality, according to new research from unbiased.co.uk, the professional advice website, as many believe they are unable to get a suitable mortgage due to lenders keeping a tight hold on lending criteria.
March sees continued growth in house purchase activity
House purchase lending increased by 45% year on year in March, making it the ninth consecutive month of year-on-year growth, according to figures by the Council of Mortgage Lenders.
Kensington launches into buy to let mortgages
Kensington has launched into buy to let, with products that provide new opportunity for existing landlords to expand their portfolio.
Leeds launches market leading offset mortgages
Leeds Building Society has launched a range of 2-year fixed rate offset mortgages, from only 3.40%, that includes a number of market leading products. Furthermore there are also fee assisted options for those customers who prefer help with up front costs.