Mortgages
Not all fixed rate mortgages are decreasing
Latest Moneyfacts.co.uk figures show that while fixed mortgage rates are falling, they are only doing so for those with significant equity.
Mortgage arrears and repossessions fall in Q4
Mortgage lenders took 10,200 properties into possession in the fourth quarter of 2009 - 13% lower than in the third quarter, and 2% down on the fourth quarter of 2008, according to the Council of Mortgage Lenders.
Buy-to-let lending increases
New buy-to-let lending increased for the second consecutive quarter in the last three months of 2009, according to figures from the Council of Mortgage Lenders.
Borrowers warned to look beyond headline mortgage rates
This week Lloyds Banking Group launched a new tracker mortgage at just 1.49 per cent above Base Rate, meaning it currently costs just 1.99 per cent - on the face of it a market leading rate.
Mortgage rates reducing at Santander
From today (Wednesday 10 February), Santander is reducing the rates on its 5-year fixed mortgages by up to 0.25 per cent.
Buy-to-let remortgaging activity continues to decline
The proportion of landlords remortgaging their investment properties continued to decline in the final quarter of 2009, research from Paragon Mortgages has revealed.
The Co-operative cuts mortgage rates by up to 0.55%
The Co-operative Financial Services has reduced its mortgage rates by up to 0.55 per cent. Available from Wednesday 10 February, the new range offers market-leading rates for customers of both Britannia and The Co-operative Bank.
Sat on a SVR mortgage - is it time to remortgage?
With a number of building societies increasing their standard variable rates (SVR) on mortgages, many borrowers who are sat on SVR deals are now considering whether now is the right time to remortgage.
Top tips for first time buyers
Buying a home is one of the biggest financial commitments you can ever undertake. But for many, the property slump has resulted in dreams of owning their own home slipping out of sight.
The Mortgage Works launches new buy to let stepped tracker deals
The Mortgage Works has unveiled a number of changes to its portfolio, including a new range of Stepped Buy to Let Tracker products, with rates from Bank of England Base Rate + 4.14% (4.64%), stepping down to Bank of England Base Rate + 2.14% (2.64%) in the second year.
Platform reduces mainstream mortgage rates
Platform, the intermediary mortgage specialist of The Co-operative Bank, has reduced rates in its range on fixed and tracker deals.
Santander launches new fixed and tracker mortgage deals
From Wednesday (3 February), Santander is launching two new 70 per cent LTV mortgages, a 2-year tracker and a 2-year fix, available at Santander and Alliance & Leicester branches.
Leeds launches 2-year fixed rate mortgage at 3.45%
Leeds Building Society's new 2-year fixed rate mortgage at only 3.45%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Leeds launches 5-year fixed rate mortgage at 4.70%
Leeds Building Society has launched the market leading 5 Year Fixed Rate Mortgage at only 4.70%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Is 2010 the year of the home buyer?
Research from Unbiased.co.uk shows that 2010 could be the year of the home buyer. Consumers no longer expect house prices to fall as only 3% are holding off buying a property until prices have fallen.