Mortgage rate rises announced by five lenders
Five mortgage lenders have announced they are increasing rates in the latest blow to home buyers and anyone looking to remortgage.
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Five mortgage lenders have announced they are increasing rates in the latest blow to home buyers and anyone looking to remortgage.
The cheaper route on to the property ladder risks trapping buyers on the first rung
The changes to mortgage criteria mean the money people get from the Child Benefit payment can now count towards income affordability for a mortgage - this means people could potentially borrow more
HSBC has trimmed rates on a number of residential and buy-to-let deals in the 60% LTV tier by up to 11 basis points today. The biggest cut is to its two-year fix at 60% LTV for new customers making a residential purchase, which has reduced by 11 points to 4.88%, with no fee. Its five-year fix at 60% LTV, also for new
Santander will offer 40-year interest-only mortgages among a range of moves that loosen its lending criteria next week (9 April). The high street lender says it will lift the maximum term it offers on interest-only mortgages to 40 years, from 25 years, in line with its capital and repayment mortgages. It will