A fixed rate mortgage may interest households looking to cope financially in the current climate. James Hillon, head of mortgages at the Co-operative Bank – which has over 300 high street branches and nine million customers – noted the option Read more…
Direct mortgage lenders provided 81 per cent of market leading rates in the past 12 months, newly-released research has shown. According to data released HSBC and collated by Moneyfacts, best buy tables continue to be dominated by these groups. In Read more…
Many individuals are seeking a buy to let mortgage that will allow them to earn money from renting out their property, data has revealed. Research from Paragon Mortgages discovered intermediaries saw a rise in these products during the third quarter Read more…
Mortgage approval rates are at a two-year high, according to newly-released research. Rightmove’s House Price Index for October also found conditions in the north are more buoyant than those in the south. The gulf in cost of home ownership is Read more…
Mortgage lending conditions in the UK are tightening as a result of uncertainty regarding the wider economic climate, new research has suggested. According to the latest e.surv Mortgage Monitor, first-time buyer (FTB) numbers in September dropped to their lowliest levels Read more…
The number of buy-to-let mortgages available on the UK market rose significantly over the third quarter of 2011, new research has shown. Carried out by broker Mortgages for Business, the study revealed this amount was 26 per cent greater than Read more…
The availability of offset mortgages looks set to increase, as more providers are entering the market with the promise of competitive and innovative home loan deals. One such organisation is Chelsea Building Society, which has announced a move into the Read more…
The UK’s buy-to-let mortgage market has seen a considerable improvement since the start of the year with increases in the number of banks and building societies willing to lend in the sector and the level of products available. Regional building Read more…
Buy-to-let mortgage rates in the UK remain markedly higher than residential home loan options, new findings have shown. Despite average rates for two, three and five-year fixed-rate buy-to-let products experiencing a significant drop since September 2010, the study from independent Read more…
Midlothian appears to be home to the youngest mortgage seekers in Scotland, as new research has shown the average age of home purchasers in the area is 27. Carried out by Bank of Scotland, the study revealed this is the Read more…