August saw a marked increase in gross mortgage lending by building societies and other mutuals, new figures have shown. According to the Building Societies Association (BSA) statistics, this activity stood at £3 billion for the month, which was 40 per Read more…
Yorkshire Building Society has announced new mortgage rate cuts for people with smaller deposits. The organisation said the move represents a continuation of its commitment to offering competitive products for this class of homebuyer. Rates on 90 per cent loan-to-value Read more…
Clydesdale and Yorkshire Banks have announced new market-leading mortgage rates. The lenders revealed first-time buyers can now take advantage of the lenders’ two-year fixed-rate products, which boast a rate of 2.99 per cent up to 65 per cent loan-to-value. There Read more…
Halifax has announced it will extend its new seven-year mortgage deal to all NewBuy customers. The agreement, which does not include a product fee, will be available through the lender’s branch network and selected intermediaries. Aimed at first-time buyers and Read more…
Yorkshire Building Society has announced cuts to rates on selected tracker mortgages. Following recent reductions to its home loans at 75 per cent loan-to-value (LTV), the group revealed decreases are being made to its tracker products at 75 per cent Read more…
People in the UK are deciding to stick with standard variable rate (SVR) mortgages in the current economic climate, new research has shown. Carried out by Halifax, the study revealed this is the case even though the gap between monthly Read more…
The Co-operative Bank has announced a raft of rates reductions across its mortgage range. It was revealed levels have been cut by up to 90 basis points on more than 20 products offered by the group. The changes are being Read more…
Mortgage fees in the UK have reached a record high, new research has shown. Carried out by Moneyfacts.co.uk, the study revealed the average home loan arrangement cost has climbed 70 per cent since March 2008. It was revealed that such Read more…
HSBC has launched a new competitive mortgage range aimed at helping first-time buyers (FTBs) looking to access the property market. Targeted at borrowers with a ten per cent deposit, the collection includes the lowest-ever seven-year fixed-rate home loan at 90 Read more…
Norwich and Peterborough (N&P) Building Society has announced reductions to its rates for fixed-term mortgages. The provider noted the move means it is now offering some of the most competitive fixed-rates for people looking to borrow for a low-fee home Read more…