Leeds Building Society has added to its fixed-rate buy-to-let mortgage portfolio by introducing a new deal at 5.99 per cent for three years. The product is available up to 80 per cent loan-to-value (LTV) and was described by the provider Read more…
The mortgage market in the UK could be set to benefit following the announcement of new government policies regarding the home loan sector. Ray Boulger, senior technical manager at John Charcol – an independent mortgage adviser based in the UK Read more…
Building societies are increasing efforts to offer competitive mortgage rates, new research has suggested. Carried out by the Telegraph, the study revealed mutual lenders are becoming more flexible in their offerings to first-time buyers (FTBs), while also placing an emphasis Read more…
Halifax has announced mortgage applicants who see their house purchase collapse through no fault of their own will have their valuation costs refunded. The bank noted it is the first lender to make such a valuation fee promise in instances Read more…
The mortgage lending industry in the UK needs to pull together to benefit the housing market’s long-term health, it has been claimed. Martijn Van der Heijden, chairman of the Council of Mortgage Lenders (CML), called on the sector to place Read more…
Leeds Building Society has unveiled a new ten-year fixed-rate mortgage, which is available up to 75 per cent loan-to-value (LTV) at 4.58 per cent. In addition, the group has also introduced a deal for borrowers with a smaller deposit in Read more…
Gross mortgage lending rose markedly in May, new figures have suggested. The Council of Mortgage Lenders (CML) has calculated such deals amounted to a £12.2 billion for the month – a total 24 per cent greater than the £9.9 billion Read more…
There has only been a marginal increase in the number of cash buyers in the UK compared to the amount of mortgage customers since the end of 2010. This is according to Quick Move Now – a home buyer that Read more…
Older people in the UK are having difficulty maintaining their mortgage payments, new figures have suggested. Released by the Consumer Credit Counselling Service (CCCS), the findings revealed an escalation in the number of over-60s seeking assistance with their home loan Read more…
Principality Building Society has been recognised for its mortgage provision in the Financial Times Adviser Online Services Award. The group scooped the title of best overall five star best mortgage lender and packager at the prize-giving, which is voted for Read more…