Mortgages
Yorkshire Building Society updates mortgage range
Yorkshire has re-entered the tracker mortgage market with a range of two year products available up to 85% loan to value and from 2.79% (BoE + 2.29%) with the flexibility of choosing capped or uncapped products.
Moneyfacts.co.uk announces new and improved website
Moneyfacts.co.uk has relaunched its comparison website, making it even easier for consumers to compare financial products.
RICS: Bank of England October mortgage approvals
Commenting on the Bank of England mortgage approvals, Simon Rubinsohn, RICS chief economist said: "The latest data from the Bank of England confirms that the volume of mortgage approvals edged up a little further in October.
Requests for sub-prime mortgage advice rises
People searching for whole of market advice on sub-prime mortgages have leaped, increasing from 3% in September to 7% in October, according to figures from Unbiased.co.uk.
Mortgage approvals and gross lending hold steady
The value of building society mortgage approvals in October was £1,511 million - broadly in line with the £1,565 million of approvals in September, according to the Buildings Societies Assocation (BSA).
Private rental sector needs Government help
The rental sector is increasingly seen as key to future housing strategy as production of new homes is out of line with consumer demand.
Pre-Budget Report must increase competition in mortgage market
The Association of Mortgage Intermediaries (AMI) has outlined the legislative changes it wants to see in the forthcoming Pre-Budget Report (PBR).
Leeds launches 2-year fixed rate mortgage at 3.79%
Leeds Building Society has launched a new 2-year fixed rate mortgage at 3.79%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
More mortgage rate cuts from Abbey
From Friday 27 November, borrowers will be able to benefit from further reductions to Abbey and Alliance & Leicester's mortgage rates.
Coventry reduces mortgage rates by up to 0.66%
Coventry Building Society is launching a new mortgage product range with rates lowered by up to 0.66%.
Buy-to-let remortgaging activity hits two year low
The proportion of landlords remortgaging their investment properties has fallen to its lowest level for over two years, research from Paragon Mortgages has revealed.
Not all holidays must come to an end
As the end to the stamp duty holiday looms, figures from moneysupermarket.com show the amount of house buyers looking to purchase a property under £175,000 has increased significantly in the last three months.
CML: Government proposals to extend mortgage regulation
The Council of Mortgage Lenders has a mixed response to the Treasury's proposals to extend the scope of FSA mortgage regulation to cover second-charge mortgages, buy-to-let mortgages, and the sale of mortgage books to third parties.
FLA: Treasury mortgage regulation review
Commenting on HM Treasury's Mortgage Regulation recommendations, Fiona Hoyle, Head of Consumer Finance at the Finance & Leasing Association, said: "Second-charge lenders are not opposed to a move to FSA regulation, but they have yet to be persuaded that there is a compelling case for change.
Greater protections for mortgage borrowers
The protections enjoyed by UK mortgages borrowers are to be strengthened under new proposals published by the Treasury today.