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Jonathan Evans, national accounts lead, Skipton Building Society for Intermediaries As the world becomes increasingly focused on sustainability and reducing carbon footprints, the mortgage industry is also beginning to take notice. The UK government has set ambitious targets for reducing carbon emissions, including a
Nationwide Building Society has announced rate reduction across fixed products for existing members switching to a new deal by up to 1.30% from 1 November. The new switcher rates include a two-year fixed at 4.84% with a £999 fee and 4.99% with zero fee, available across all loan-to-values (LTVs). The switcher
India may not need additional borrowing, despite forgoing its revenue due to a cut in petrol & diesel, and relaxations on import duty for certain edible oils, a government source said on the basis of anonymity.
Govt has no plan for additional borrowing to manage fiscal deficit: Sources
Owners of energy-efficient homes could save hundreds of pounds by opting for a green mortgage – available from a growing number of lenders. Borrowers who plan to improve their home's green credentials may also qualify. Green mortgages are deals with special rates that are only available on properties with high levels of energy efficiency. They are designed to incentivise people to buy an efficient home or to refurbish a draughty one. There are now more than 25 green mortgages available – from bigger players including Virgin Money, Barclays and Nationwide, as well as smaller building s...