Tag: mortgage
Mortgage Misery for thousands as Halifax raise standard variable rate to 3.99%
The UK’s biggest Mortgage lender, the Halifax has confirmed it’s increasing it’s variable mortgage rate from 1 May, the rise from 3.5% to 3.99% was due to higher costs of raising ends. It follows RBS who raised the rate on two of its mortgages from 3.75% to 4%. Some 200,000 borrowers with [...]
Rents fall for the second month in a row
Rents fell for the second month in a row during January as investors piled into the buy-to-let market, research has indicated. The average rent in England and Wales dropped by 0.3% to stand at £682 a month, as a rise in professional landlords helped to ease the mismatch between supply and demand which had been [...]
Mortgage Lending Picking up again
Mortgage lending to home buyers picked up again in June, the Council of Mortgage Lenders (CML) says. Its figures showed that there were 52,000 new loans granted to home buyers, 19% more than in May and up 14% on the same month a year ago. The CML said activity was “still on an upward trajectory” [...]
Santander offer the chance to win free repayments for a whole year
Homeowners seeking cheap mortgages can go one better with Santander this month, as the lender is offering lucky competition winners the chance to win free repayments for a whole year. Consumers applying for, or holding an existing mortgage with Santander, are to be entered into a prize draw to have their mortgage repayments paid for [...]
