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Latest News
Buy to let from Skipton BS
To further enhance the importance of buy to let mortgages, Skipton Building Society has launched some competitively-priced buy-to-let mortgages.
There is a two-year fixed at 3.89% that available up to 60% loan to value (LTV) with an application fee of £245 and a completion fee ... read more
Aldermore
Since opening its doors for business in the summer of 2009,Aldermore has lent more than £1bn worth of residential and commercial mortgage funding, saying that it has maintained its focus on providing mortgage finance to creditworthy borrowers frustrated by intransigent high stree... read more
NEW BUILD CRITERIA IS CHANGING
Mortgage industry insiders have said that Lenders are gearing up to relax their criteria on new-build property.
One bank, HSBC has decided to increase the loan-to-value (LTV) on new-build property from 75 per cent to 85 per cent thus requiring a much smaller deposit than in th... read more
OFFSET MORTGAGES SAVE MONEY
Offset mortgages give you the opportunity to save a lot of money by saving on mortgage and or to trim years off the term of your home loan.
At the moment savings rates are poor but offsetting your savings against your mortgage makes sense especially for higher-rate taxpayers.... read more
First time buyer lending has gone up
New figures have shown that mortgage lending to first-time buyers (FTBs) rose in February.
The figures released by the Council of Mortgage Lenders (CML), showed 14,100 home loans were taken out by this group during the four-week period.
Compared to that recorded in January... read more
Mortgage deals decline
According to Moneyfacts the number of mortgage deals on offer has fallen back suddenly, after rising steadily towards the end of last year.
The highest monthly figure since 2007, the number of deals peaked at 2,757 in February, dropping back to 2,325 and 2,288 in March and A... read more
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