Many lenders in the UK view buy-to-let mortgages as a more profitable option than other loans currently available on the market. This is the suggestion of Lee Grandin, director at Landlord Mortgages, who explained providers are preferring to deal with Read more…
A new landlord mortgage range aimed at property investors has been introduced by Skipton Building Society . The rates on the home loan options have been reduced by up to 20 per cent and also feature lower charges, while there Read more…
Lenders could be prepared to ease their strict mortgage criteria in the second half of the year if house prices perform well in the coming months, one expert has claimed. Gary Styles, strategy, risk and economics director at Hometrack, said Read more…
Barclays has unveiled a number of new home loan products, which come after the bank’s annual results showed a ten per cent rise in new mortgage lending. As part of the update, the institute is introducing a cut of 0.11 Read more…
The tax efficiency of offset mortgages could attract increasing numbers towards the products. Paula John, editor-in-chief at Your Mortgage, said she is surprised by the small number of people in the UK who have so far taken advantage of the Read more…
Mortgage values in the UK could dip in 2012, as it has been claimed house prices in the nation are set to tumble over the next 12 months. Paul Holmes, chief executive officer of Firstrung, noted this movement is likely Read more…
There has been a significant increase in the number of first-time buyers (FTBs) seeking mortgage advice at the beginning of 2012, new research has shown. Carried out by unbiased.co.uk, the study revealed 41 per cent of the total number of Read more…
Homebuyers in the UK are likely to be unsettled by any plans to cap loan-to-value mortgage ratios. This is according to Karen Barrett, chief executive of unbiased.co.uk, who was speaking in response to George Osborne’s suggestion that the Financial Policy Read more…
A new ten-year fixed-rate mortgage from Norwich and Peterborough Building Society (N&P) has proved a hit among homeowners in the UK, it has been claimed. The provider noted it has seen unprecedented demand for the product, which is its lowest-ever Read more…
Those looking to secure a mortgage in order to purchase a new home may find the cost of doing so increases this year, judging by newly-released figures. The Halifax Housing Market Confidence Tracker has shown that 29 per cent of Read more…