Tag Archives: mortgages

Mortgage rates at record lows

The Yorkshire Building Society has launched what it says is the lowest ever fixed rate mortgage. The new product offers an interest rate of 1.07 per cent over an initial two-year period. The cost is 4.5 per cent APR on … Continue reading

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HSBC launches lowest ever fixed-rate mortgage

HSBC has this week launched the market’s first five-year fix below two per cent. The mortgage is available at 60 per cent loan to value (LTV) and has a booking fee of £1,499. HSBC has also launched a two-year fix … Continue reading

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Lending slumps despite improved market conditions

Mortgage lending has fallen despite Stamp Duty changes and a continuing price war among lenders. However, lending may increase as lenders offer ever lower rates for fixed-term mortgage products. The Council of Mortgage Lenders (CML), which represents lenders who collectively … Continue reading

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Unexpected ‘bounce back’ in UK house prices

House prices in the three months to January were 1.9 per cent higher than in the preceding three months, according to the latest house price index from the Halifax. This was the first increase in the quarterly rate of increase … Continue reading

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Mortgage lenders to make product comparison easier

The government’s recently announced changes to the rules around Stamp Duty are still making headlines. Many industry organisations have welcomed the changes. The Council of Mortgage Lenders (CML) has welcomed the reform of stamp duty land tax away from its … Continue reading

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Cautious Second Steppers keep first-time buyers off the property ladder

Detached houses are the property of choice for homeowners looking for their next step on the property ladder according to the fourth annual Second Steppers Report from Lloyds Bank. However, as they delay their move to save cash and equity … Continue reading

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Eastern region performs well as housing market shows further signs of cooling

The housing market is continuing to cool according to the latest figures released by the Nationwide Building Society. House prices in the Eastern region remain higher than the national average however. The Nationwide said that house prices rose by just … Continue reading

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