Mortgages

The year that was 2009

2009 has been a rollercoaster of a year, with numerous ups and downs and twists and turns.

New mortgage helps borrowers with Stamp Duty rise

Yorkshire Building Society is launching a new fixed rate mortgage to help home-movers cover the cost of the increase in Stamp Duty.

Leeds Building Society well placed with mortgage products

Following yesterday's figures from the Council of Mortgage Lenders (CML) that 55,000 mortgages were taken out for purchases in October, Leeds Building Society is well placed, with market leading and best buy mortgage products, to offer people looking to buy or move some great offers.

New Year looking tough for private rented sector

While 2009 was a difficult year for the entire property market, 2010 looks likely to present an even greater challenge for the private rented sector (PRS), according to the Association of Residential Letting Agents (ARLA).

Abbey launches new fixed rate mortgages

From Friday 11 December, Abbey will once again lower some of its fixed rate mortgage range as it plays its part in helping to rejuvenate the number of competitive products available to homebuyers and remortgage customers. In addition Abbey will also launch new three year and five year fixed rate mortgage products.

L&G Mortgage Club adds Newcastle Building Society

Legal & General Mortgage Club has added Newcastle Building Society to its panel of lenders and will be launching a range of semi-exclusive mortgages, all with a maximum loan-to-value of 80%.

Homebuyer loans at highest for nearly two years

The number of loans for house purchase in the UK reached 55,000 in October, its highest level since December 2007, according to the Council of Mortgage Lenders.

Assetz: Mortgage lending at 22 month high

Stuart Law, Chief Executive of Assetz, comments on the CML mortgage lending figures released today: "It is encouraging to see that mortgage lending has now reached a 22-month high, taking us back to the levels achieved in December 2007.

Nationwide cuts rates on fixed and tracker mortgage deals

Nationwide Building Society cuts fixed and tracker rates on selected house purchase products. With effect from Friday 11 December 2009, the mortgage product range available from Nationwide will include the following:

Christmas comes early for fixed rate mortgage borrowers

Drew Wotherspoon, of John Charcol, the UK's leading independent mortgage adviser says, "The raft of fixed rate reductions being made across the mortgage market this week are undoubtedly going to be a welcome Christmas present for anyone who has been holding out for a fixed rate deal.

Big names slash mortgage rates

Mortgage lenders have continued to cut fixed rates, causing the average two year fixed mortgage rate to continue to tumble.

Yorkshire BS launches new first-time buyer mortgages

Yorkshire Building Society is launching two new first time buyer mortgages offering a 3 year fixed rate product at 5.84% and a 5 year fixed rate product at 5.99%. Both mortgages are available up to 85% loan to value (LTV) and have free valuation and legal fees, £500 cashback and there are no upfront fees.