Archived Mortgage News - June 2008

According to research from Paragon Mortgages, a majority of private residential landlords expect the demand for their properties to increase over the next year.The ...
Published: 30-Jun-2008

According to the latest figures from the Land Registry, average house prices remained flat in May, with the price of the average house remaining at £183,266.Surprisingly, ...
Published: 27-Jun-2008

The Alliance and Leicester have today announced a new two year tracker mortgage priced at less than 6%. The new scheme is available to both new and existing customers ...
Published: 27-Jun-2008

The Chelsea have today announced the introduction of a new two year discount rate which is available for both house purchases and those who wish to remortgage to ...
Published: 26-Jun-2008

In a statement to the treasury Committee earlier today, the Bank of England Governor Mervyn King stated that whilst he expects to see inflation top 4% this year, ...
Published: 26-Jun-2008

In an announcement earlier today, Deep Blue heralded the launch a new range of loans designed for high earners who wish to purchase homes at the top end of the ...
Published: 25-Jun-2008

Earlier today, Halifax announced they will be introducing a new Mortgage Account Fee with effect from the 29th June. The Fee will apply to all new mortgages taken ...
Published: 25-Jun-2008

Mortgage arrangement fees have increased month on month for over a year, and Chancellor Alistair Darling says enough is enough. With some lenders charging up to ...
Published: 25-Jun-2008

Stonehaven announced today that mortgage intermediaries are now able to source their interest only lifetime mortgage through the market leading intermediary sourcing ...
Published: 23-Jun-2008

Due to current rate increases in the market, The Equity Release Club announced today that their exclusive Norwich Union 6.2% Equity Release Mortgage product is ...
Published: 20-Jun-2008

At a time when many other lenders are withdrawing or pulling back from lending in the buy to let market, RBS Intermediary Partners announced today that from Thursday ...
Published: 19-Jun-2008

In a statement issued earlier today, the Council of Mortgage Lenders announced that gross lending in May was an estimated £25.5 billion, which is 2% lower than ...
Published: 19-Jun-2008

The Abbey have recently announced another sub 6% mortgage deal which will be available through a selected number of mortgage brokers. The rate which is set at the ...
Published: 19-Jun-2008

Mortgage lenders up and down the country have flocked to withdraw mortgage rates, allowing only hours for customers and brokers to get applications in. In most ...
Published: 17-Jun-2008

In a report released today, emoneyfacts.co.uk, the financial advisers portal has revealed that the average two year fixed rate is now 6.75%, higher than at any ...
Published: 17-Jun-2008

In his review of the housing market, published this morning, Sir Bryan Carsberg has called for the scrapping of home information packs (HIPs), and regulation of ...
Published: 16-Jun-2008

The Mortgage Warehouse has today announced improved rates for Halifax customers who reach the end of their current mortgage deal, or those who wish to increase ...
Published: 13-Jun-2008

In an announcement earlier today, RBS intermediary Partners announced the launch of three new fixed rate mortgage deals. RBS IP is the part of the RBS Group which ...
Published: 13-Jun-2008

Following their decision to remove all existing rates earlier this week, the Scarborough Building Society have today announced new rates available from Friday 13th ...
Published: 12-Jun-2008

In an announcement made earlier today, the Council of Mortgage Lenders has revealed that fixed rate mortgages became more popular in April, suggesting that borrowers ...
Published: 12-Jun-2008

For some considerable time, it has been apparent that the valuation and conveyancing processes have not always taken full account of discounts and other incentives ...
Published: 11-Jun-2008

The Skipton has today announced the launch of a range of new fixed rate products.The range includes three and five year fixed rate schemes at 7.39% with both being ...
Published: 10-Jun-2008

Rics housing market survey published today indicated that the balance of Chartered Surveyors reporting house price falls decreased slightly in MayThe RICS house ...
Published: 10-Jun-2008

According to a recent announcement, the directors of Chelsea Building Society and the Catholic Building Society have agreed in principle that the two societies ...
Published: 09-Jun-2008

The Cheltenham & Gloucester have today announced that with effect from Tuesday 10th June, their successfull All Weather mortgage will be available via intermediaries ...
Published: 09-Jun-2008

In a report released today, the Competition Commission launched a scathing attack on the way that Payment Protection Insurance is sold in the UK. According to the ...
Published: 06-Jun-2008

The Intermediary Mortgage Lenders Association (IMLA) has today jumped to the defence of mortgage lenders who are the subject of the latest attack by the Liberal ...
Published: 06-Jun-2008

According to the latest results from the Halifax House Price Index, house prices fell by 2.4 per cent in May and are 3.8 per cent lower on an annual basis. This ...
Published: 06-Jun-2008

The National Association of Estate Agents is urging the government to take immediate action to assist the housing market out of the doldrums. In doing so it has ...
Published: 05-Jun-2008

Self build specialist BuildLoan and lender The Mortgage Business announced today the launch of an exciting new Self Certification Lifetime Tracker mortgage for ...
Published: 03-Jun-2008

Data released by the Bank of England shows that in April, loans for the purchase of homes fell by around 8%, and is now around 50% lower than this time last year. ...
Published: 03-Jun-2008

Abbey have announced the launch of a new five year fixed rate at 5.69%. The scheme is available for both house purchase and remortgage, and is available for loans ...
Published: 03-Jun-2008

The recent announcement by the Land Registry House Price index of a 0.2% drop in house prices for the month calls into question statistics received from elsewhere. ...
Published: 02-Jun-2008