Expanded range from Chorley and new rates from the Dudley
Expanded range from Chorley and new rates from the Dudley Expanded range from Chorley and new rates from the Dudley Read More
Just 2% of London’s buy-to-let properties currently for sale have tenants in situ
England's largest levels of pre-tenanted buy-to-let investment properties are located in the North West, according to new research. England's largest levels of pre-tenanted buy-to-let investment...
March sees tenant demand in the capital warming up ahead of summer: Foxtons
Foxtons have released their monthly lettings index for March, revealing small increases in both demand and supply. Foxtons have released their monthly lettings index for...
Virgin Money increases rates and launches new buy-to-let product transfers
Virgin has extended its green reward offer as part of the changes. Virgin has extended its green reward offer as part of the changes. Read More
Skipton BS swallows UK’s oldest building society
Today, Skipton Building Society (89 branches, 830,000 members, the UK's fourth largest) takes over Chesham Building Society (3 branches, 20,000 members, one of the smallest — and, established in 1845, the UK's oldest). Background to the Skipton takeover of Chesham Building Society Despite the ongoing furore about Skipton's "exceptional circumstances" SVR increase for existing mortgage [...]
Santander’s rash of mortgage rate cuts
Santander cuts its fixed rates today by up to 0.40 per cent Responding to a general increase in mortgage market competitiveness, Santander has trimmed the rates on its five-year fixed rate mortgages by up to 0.25 per cent. The range includes a 4.99% deal for purhases only (70 per cent LTV limit, £995 fee), or [...]
Newcastle BS launches 90% loan-to-value mortgages
High LTV mortgages not just for first-time buyers Newcastle Building Society today launches mortgages for up-to-90-per-cent LTV borrowers. They're not only intended for first-timers into the housing market, but also for purchasers looking to move on up. What they won't cover is remortgagers looking to increase their borrowing and make up for reduced equity. The range [...]
Never mind buy-to-let: renting out your own home is also getting harder
If you're an owner occupier but you decide to live elsewhere for a short while, most people would assume it's OK to rent out your home. However, on a residential mortgage you need what's called "consent to let" from your mortgage lender — and they're making it more difficult to let out your existing property [...]
Principality turns 150 and bucks building society trend
Wales' principal building society approaching its anniversary relatively free of struggles While many building societies are struggling to balance the demands of savers and mortgage borrowers — with some looking to merge and others simply losing custom to the banks — Principality is one society that looks a little bit different to its competitors at [...]
Skipton mortgage hike: what’s exceptional about now?
Skipton Building Society hikes its mortgage SVR by over 1 percentage point, affecting thousands. When you're a mortgage customer sticking to your building society's Standard Variable Rate, you expect the rate to move only in line with the Bank of England Base Rate — as it has done for years. You don't expect it to [...]
