There will always be great demand for high loan-to-value (LTV) mortgages, it has been claimed. Louise Holmes, spokeswoman for Moneyfacts.co.uk, noted lenders recognise this and are therefore cautiously returning to this section of the market with competitive deals in tow. Read more…
An increasing number of high loan-to-value mortgages coming on to the market could indicate a good time to purchase for first-time buyers (FTBs). Paul Holmes, chief executive officer at Firstrung – a company specialising in providing FTB solutions – has Read more…
Santander has unveiled a range of mortgages that are being made available as part of the government’s NewBuy scheme. The organisation is hoping the products – which are being provided via intermediaries with ties to Bovis Homes, Persimmon, Berkeley and Read more…
England and Wales have witnessed two major mortgage possession peaks since 1990, new figures have shown. Produced by the Ministry of Justice – which is one of the government’s largest departments, with 76,000 employees to its name – and the Read more…
Coventry Building Society has refreshed its buy to let mortgage range by reducing rates and fees on a number of selected products. The organisation is now offering a two-year fixed-rate deal until July 31st at 4.30 per cent, down on Read more…
A new property and mortgage finance app has been unveiled by Halifax . The bank has launched the UK’s first smartphone application to provide a one stop shop for individuals eager to find a new home . State-of-the-art technology has Read more…
Individuals in Britain have been warned that a hike in mortgage rates could be on the horizon. Michael Ossei, personal finance expert at uSwitch, has noted even though a reduction in insolvencies is welcome news, people need to be aware Read more…
Lloyds TSB’s first-time buyer (FTB) customers have seen their new fee saver mortgage offerings improved. The lender revealed it is now giving people the opportunity to save up to £760 on the cost of their home loan, while an extra Read more…
New customers will no longer be able to take out interest-only mortgages from the Co-operative Bank . The lender has revealed these individuals can only secure home loans on a capital and repayment basis going forward. A number of factors Read more…
Halifax has pledged to help mortgage seekers looking to get their foot on the first rung of the property ladder. The bank announced it will settle half of any first-time buyer (FTB) stamp duty bill for houses valued up to Read more…