Lender cuts mortgage rates

27 November 2008
A UK mortgage lender has announced that it has cut its rates on home loans.... read more »

Banks `still cautious about lending`

8 December 2008
UK banks are still cautious about extending loans and credit to consumers and firms, an expert has said.... read more »

Tracker mortgage holders ‘£9bn better off next year’

15 December 2008
New research has suggested that homeowners with tracker mortgages could collectively be up to £9 billion better off by next Christmas.... read more »

Homeowner Mortgage Support Scheme: the criteria

11 December 2008
The Homeowner Mortgage Support Scheme, which could let households defer some of the interest payments on their mortgage by up to two years, will not help everyone having problems paying their mortgage.... read more »

First-time buyer mortgage offers rise

10 December 2008
New figures from the Council of Mortgage Lenders show a rise in the number of mortgages offered to first-time buyers in October.... read more »

Homeowner Mortgage Support Scheme

9 December 2008
In the face of rising unemployment, the Government has announced the ‘Homeowner Mortgage Support Scheme’ to give homeowners in financial trouble some breathing space.... read more »

Home loans up in October

9 December 2008
October saw more house purchase loans approved than September, in terms of both volume and value.... read more »

Banks respond to rate cut with new home loans

9 December 2008
In response to the recent fall in the UK`s base rate of interest, Lloyds TSB and Cheltenham & Gloucester (C&G) have revealed they are launching new tracker rates for consumers seeking mortgages.... read more »

HSBC to increase mortgage lending

8 December 2008
HSBC will raise its mortgage lending by 20% in 2009, in a move that could restore some confidence in the struggling mortgage market.... read more »

Base rate cut brings down mortgage costs

5 December 2008
Yesterday’s base rate cut is already making itself felt, as major lenders announce their intention to reduce the cost of their SVR (Standard Variable Rate) mortgages.... read more »

30% of adults concerned about ability to manage debt

5 December 2008
Almost a third of adult Britons are concerned about their ability to manage debt, MoneyExpert has stated.... read more »

1.99% mortgages on offer

4 December 2008
Mortgage providers are offering some people fixed-rate mortgages with exceptionally low rates – as low as 1.99%.... read more »

Interest-only mortgages fall in popularity, figures suggest

4 December 2008
The number of consumers opting for interest-only mortgages has fallen, according to new research.... read more »

1% base rate cut most likely

3 December 2008
When the Bank of England’s Monetary Policy Committee (MPC) announces its base rate decision tomorrow, anyone looking for a loan or mortgage will probably be watching.... read more »

Lender announces reduction in fixed-rate mortgages

3 December 2008
A major UK lender has revealed that it has reduced the interest repayments on its fixed-rate mortgages.... read more »

Mortgage lending dropped last month, figures show

3 December 2008
October saw fewer mortgages approved than September, figures produced by the Bank of England (BoE) suggest.... read more »

Mortgage arrears: RBS offers 6-month grace period

2 December 2008
The Royal Bank of Scotland (RBS) has promised to give at least six months’ ‘breathing space’ to homeowners who have fallen behind on their mortgage payments.... read more »

Building society mortgage lending `remains low`

2 December 2008
The amount of money lent to consumers in the form of mortgages from building societies remained low in October, new figures indicate.... read more »

Falling LIBOR could help reduce mortgage costs

1 December 2008
Three-month LIBOR – the rate at which banks lend to each other, and a benchmark used for pricing mortgages – this week fell to 3.94%. It’s the first time since December 2003, The Telegraph reports, that it has dropped below 4%.... read more »

Fixed-rate or tracker mortgage?

1 December 2008
Following the Bank of England’s base rate cut to 3%, deciding between a fixed-rate mortgage and a tracker mortgage has become even more difficult than it used to be. Choosing one or the other could potentially save you (or cost you) a lot of money in the long-run.... read more »