Mortgages
Godiva reduces rate on Buy to Let fixed deal
Godiva Mortgages have today cut the pay rate on their 2 year Fixed rate Buy to Let mortgage from 4.74% to 4.59% - a reduction of 0.15%.
Lloyds TSB offers customers mortgage interest rate reduction
LloydsTSB has launched a new offering which gives its current account customers a 0.2% reduction on its mortgage interest rates. This is available to any LloydsTSB current account customers who deposit £1,000 or more each month and are taking out a new LloydsTSB mortgage.
Legal & General fixed rate mortgage with no credit scoring
Legal & General Mortgage Club has launched an exclusive two-year fixed rate mortgage at 3.35%, provided by Hanley Economic Building Society.
High loan-to-value mortgage rates still much higher
Borrowers with small deposits are paying substantially more for mortgages according to latest figures from independent financial research company Defaqto.
Gross mortgage lending up 24% in March
Gross mortgage lending was an estimated £11.5 billion in March, a 24% rise from £9.3 billion in February and a 3% rise from £11.2 billion in March 2009, according to data published today by the Council of Mortgage Lenders.
Legal & General Mortgage Club launches desktop mortgage tool
Legal & General Mortgage Club has launched a handy desktop tool, which alerts directly authorised advisers to new exclusive mortgage products.
New mortgages and rate cuts from Britannia and The Co-op
Britannia and The Co-operative Bank are again reducing mortgage rates by up to 0.25% and launching more new best-buy mortgage products from this Friday (16th April).
FSCS declares five mortgage advice firms in default
Consumers across the UK can now claim compensation if they have lost money as a result of their dealings with five mortgage advisors the Financial Services Compensation Scheme (FSCS) has declared in default.
More green shoots in the housing market
Data from moneysupermarket.com has revealed that activity in the mortgage market is steadily increasing across a variety of borrower profiles, meaning the spring home buying season has kicked off strongly and looks set to continue.
Chelsea offers fee-free mortgages
Chelsea Building Society has launched a distinctive range of mortgages for people who need to borrow up to 85% of the value of their homes - what's more there's no arrangement fee! First time buyers, who recently benefitted from the changes to Stamp Duty, can save even more by choosing Chelsea.
Mortgage market saw modest recovery in February
The number of loans advanced for house purchase increased by 12% in February, according to figures released by the Council of Mortgage Lenders.
Legal & General to offer ING Direct mortgages
Legal & General Network has agreed a pilot with ING Direct to distribute its range of mortgage products, initially to appointed representatives of the network. The product range includes fixed, tracker and standard variable rate mortgages.
Movement in mortgage market signals gentle recovery
Wales' largest building society, Principality, has reported a 187% increase in the number of borrowers taking out a mortgage in the first three months of this year, compared with the same period last year.
Godiva reduces Buy to Let base rate tracker by 0.50%
Godiva Mortgages have reduced the pay rate on their 2 year Buy to Let base rate tracker by 0.50%. Previously this product was available at +3.85% above base for two years, and has now been slashed to +3.35%.
Coventry launches unique fixed rate mortgages
Coventry has launched two Flexx Fixed products, the only fixed rate mortgages available on the market that allow borrowers to overpay as much as they like with no penalty.