Lender/General Mortgage News

• Post Office cuts fixed rate mortgage interest rates
• Published: January 16, 2008
• The Post Office has announced the second cut to its mortgage interest rate for three-year fixed rate lenders in the past two months.
  
  Yesterda...

• Housing market feeling the pinch
• Published: January 16, 2008
• Despite the global credit crunch, and its effect on mortgage lending, leading to a fall in house prices, interest rate cuts could help to inject life ...

• Mortgage brokers expect further rate cuts in 2008
• Published: January 15, 2008
• More than two-thirds of mortgage brokers expect the baseline interest rate to end the year below its current level of 5.5 per cent, according to new r...

• Scottish Widows launches new long-term fixed-rate product
• Published: January 14, 2008
• Scottish Widows has launched a new ten-year fixed-term product, looking to target homeowners who are coming to the end of their current mortgage deals...

• Mortgage debt less than a third of UK housing value
• Published: January 14, 2008
• Despite concerns over high mortgage repayments, a new survey has revealed that mortgage debt is not increasing as fast as the value of the UK's ho...

• Interest rate decision not all doom and gloom
• Published: January 11, 2008
• While homeowner's initial reaction to yesterday's (January 10th) decision by the Bank of England to hold interest rates at 5.5 per cent may ha...

• Leeds Building Society offers new fixed-rate mortgage range
• Published: January 10, 2008
• A new range of fixed-rate mortgages has been launched today (January 10th) by Leeds Building Society, offering two, three, five and ten-year products....

• Bank leaves interest rates unchanged
• Published: January 10, 2008
• The Bank of England's Monetary Policy Committee has decided to keep interest rates on hold at 5.5 per cent.
  
  Today's (January 10th) an...

• Base rate changes do not automatically lead to mortgage rate cuts
• Published: January 10, 2008
• Homeowners should not expect reductions in the interest base rate to automatically cause lenders to reduce their own mortgage interest rates, a leadin...

• Flexible mortgage useful in the event of unexpected events
• Published: January 09, 2008
• Less than half of Britons expected a financially significant event to affect them over the past two years, according to new research.
  
  This co...