Which mortgage lenders have the lowest (and highest) SVRs?
A look at the good and bad guys when it's time to revert to your lender's standard rate. Following yesterday's post on Standard Variable Rate (SVR) increases, we thought we'd round up the current highest and lowest revert-to rates we're aware of. The range between the best and worst in the market is quite staggering [...]
Why are mortgage SVRs on the increase?
Can you believe that some lenders are increasing their Standard Variable Rates at a time of static low bank rates? Despite the Bank of England Base Rate (BoEBR) staying put at an all-time low of 0.5%, some lenders have increased their standard mortgage interest rates by as much as 1.49%. Nationwide's change is the most [...]
Leeds Building Society enters the January Sales
Looking for a fixed rate? Up to £1,135 savings in mortgage fees from the Leeds Leeds Building Society is taking its current 3 year fixed rate mortgages and stripping out several of its fees for a New Year sale offering. The 3-year fixed rate mortgage range starts at 4.75% (60 per cent LTV) and goes [...]
Standard Life gets sucked in to Barclays
Mortgage Blog - Latest mortgage news and advice Looks like Standard Life has given up trying to be a bank – despite 6 years of profitable operation. The insurer has sold its Standard Life Bank operation to Barclays, which shelled out £226 million for the acquisition and says it doesn't expect to shed any of [...]
Virgin one step closer to bidding for Northern Rock?
Mortgage Blog - Latest mortgage news and advice This could just be a rumour, but it looks like Virgin Money has lured a former Northern Rock chairman onto its board as it pursues a banking licence. Virgin positioned itself as a bidder for Northern Rock before the bank's eventual nationalisation in February 2008, and it [...]
Is fee-free worth the premium?
Mortgage Blog - Latest mortgage news and advice Is fee-free worth the premium? Things are all going a bit fee-free lately. Several lenders are taking the initiative to cut down or remove product fees as cash-strapped borrowers plan their next moves in the mortgage market. And some of these deals are starting to look a [...]
Mortgage advisers get a boost – but bad credit clients still out in the cold
Mortgage Blog - Latest mortgage news and advice Mortgage advisers get a boost - but bad credit clients still out in the cold Mortgage market rehabilitation signs are all around us, as Mortgage Brain reports a big increase in the number of different deals available through mortgage advisers. Technically speaking I should say mortgage 'intermediaries', as [...]
HOT NEWS
Skipton International launches Limited Company Lending
UK mortgage industry news for intermediaries
