New borrower mortgage repayments remain at a low rate in Scotland, new figures have shown. Provided by Bank of Scotland, the statistics revealed such sums are at their least sizeable as a proportion of disposable earnings for ten years. It Read more…
Those looking to purchase a home should research all available mortgage rates before putting pen to paper on a deal. This is the suggestion of Michael Ossei, personal finance expert at uSwitch – an online and phone-based comparison service – Read more…
Leeds Building Society has announced it is cutting the rate on its two-year fixed-rate mortgage by 0.20 per cent. The reduction means the deal is now available at 2.95 per cent with up to 75 per cent loan-to-value (LTV). Those Read more…
Barclays has announced it is reducing the mortgage rates on some of its most popular products. The bank revealed these levels are being lowered by as much as 0.30 percentage points, while a five-year fixed-rate option at 4.89 per cent Read more…
Leeds Building Society has unveiled a new shared ownership mortgage product. The group has introduced the deal to assist first-time buyers (FTBs) as they look to get their foot on the first rung of the property ladder . With a Read more…
Branches of the Post Office are to include mortgage specialists as the group looks to become one of the top ten home loan providers in the UK. The organisation revealed these experts are to initially feature in five of its Read more…
Coventry Building Society has unveiled a new collection of mortgages to help people get their foot on the first rung of the housing ladder. The group has launched the home loan range at up to 90 per cent loan-to-value (LTV) Read more…
People can help to prevent a fall into mortgage arrears be prioritising their debts, it has been suggested. Catherine Hearnden, director at MyMortgageDirect, noted an increasing number of individuals may be sliding into financial trouble of this type as a Read more…
Gross mortgage lending by building societies and other mutuals is continuing to climb, new research has shown. According to the Building Societies Association (BSA), the first six months of 2012 saw activity of this type reach £14.1 billion. This represented Read more…
Recent mortgage rate cuts from a number of lenders suggest home loan providers are starting to wise up to what borrowers really want. This is the suggestion of Michael Ossei, personal finance expert at uSwitch.com, who was speaking in response Read more…