Mortgages

Leeds Building Society new 5-year fixed rate mortgage range

Leeds Building Society has announced new additions to its 5 Year Fixed Rate mortgage range, with rates starting from only 4.85% available up to 80% LTV.

Confidence returning to overseas property market

There’s a growing feeling of confidence amongst prospective overseas property buyers, according to Conti, the overseas mortgage specialist. It’s just had its busiest month for almost a year in terms of mortgage ‘go aheads’, the point where prospective buyers take their mortgage quotes through to the application stage. These increased by 48 per cent during March, compared with the previous monthly average.

Woolwich mortgages cuts fixed and tracker rates

Woolwich mortgages from Barclays will make substantial cuts on its tracker and fixed rate range from Wednesday 7th April by an average of 0.30% with the largest reductions happening on 75% loan to value.

Stamp duty cut tempts first-time buyers out for Easter

Analysis from moneysupermarket.com has revealed that the Chancellor's Budget cornerstone - the abolition of stamp duty for anyone purchasing their first property under £250,000 - has provided a welcome kick start to the housing market, while the rest of the population have given the Chancellor's plans a big thumbs-up in principle.

The Mortgage Works improves range

The Mortgage Works (TMW) has announced a number of improvements to its range of mortgages as it continues its commitment to expanding and increasing competitive mortgage solutions for intermediaries.

Leeds launches new 5-year fixed rate mortgage

Leeds Building Society has launched a new market leading 5-year fixed rate mortgage at only 4.59%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.

YBS sees 400% increase in mortgage applications

Yorkshire Building Society has seen a 400% increase in mortgage applications during the first three months of 2010 compared to the last three months of 2009.

L&G launches fixed rate mortgages with Newcastle BS

Legal & General Mortgage Club has launched two new fixed rate products, provided by Newcastle Building Society.

Revised Stamp Duty rules carry new burden for industry, says Quest

Following the 2010 Budget, Quest, the major technology provider in the survey and mortgage valuation market, has welcomed steps to support first-time buyers entering the property market with the relief from Stamp Duty Land Tax on purchases up to £250,000. However, Quest believes the new legislation also brings due-diligence issues between lenders and solicitors.

Yorkshire best buy 85% LTV fixed rate mortgage

On Wednesday 24th March, Yorkshire Building Society is cutting the rate on its two-year fixed rate mortgage by 0.70% for people with a 15% deposit. The new rate will be 4.49% with a low fee of £495 and comes with free valuation and legal fees.

Post Office cuts mortgage rates

The Post Office has announced rate cuts to its full range of fixed rate mortgages, with immediate effect, reflecting its ongoing ambition to become a leading player in the mortgage market. This includes a cut of one per cent to its five year 80% loan to value mortgage (LTV).