News - Products
NatWest Intermediary Solutions is introducing a quartet of new deals to its core products and reducing rates on the rest of its range.
The Co-operative Bank is to withdraw its interest-only mortgage range, it has announced.
Halifax has become the fourth lender to launch a product range to support its participation in the NewBuy scheme.
Other News - Products articles
Demand for UK housing hit its highest level in two years in March as more properties were put up for sale ahead of the Stamp Duty holiday-end, data suggests.
Analysts are predicting a wave of increases in mortgage interest rates after Halifax announced it would increase its standard variable rate (SVR) to 3.99% from 3.5% in May.
Limits on loan-to-value (LTV) mortgages were back on the agenda last night after George Osborne told MPs the Bank of England could intervene to prevent another housing crisis.
Tesco Bank’s chief executive, Benny Higgins, has suggested that its long-anticipated launch into the mortgage market will happen by as early as April this year.
The Financial Services Authority (FSA) has published guidelines to push lenders to simplify wording on mortgage contracts that permit switching consumers from interest-only to repayment mortgages.
The FSA has issued a warning to consumers over schemes which appear to pay off a homeowner’s debts, whilst allowing them to remain in their home.
Barclays is set to increase the maximum LTV of its Woolwich mortgage fixed rate range to 90% LTV from tomorrow.
Specialist lender Aldermore has launched a 100% LTV Guarantor mortgage to help "disenfranchised" first-time buyers get on the housing ladder.
The difference between the rates charged for fixed rates and lifetime mortgages has widened significantly in the last two years, according to a report.
Fixed rate mortgage saw their popularity reach a year high in June attracting 48% of new borrowers, according to CML data.
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