Latest News
Google Closes Its UK Mortgage Comparison Website
Earlier, we have already reported that Google has purchased a UK-based comparison website BeatThatQuote for almost 40 million dollars. In only a few month, the Internet giant started working on its own mortgage comparison portal, UK Compare Mortgages.The company did not make any official statements about the new website. In September 2011 the... Read more
New BTL Mortgage Available from TBMC at Only 3.25%
TBMC, specialist buy-to-let and commercial mortgage broker, announced on February, 6th the launch of a new discounted buy to let deal from Hinckley & Rugby Building Society.The 2-year mortgage available for those with a 40% deposit, comes at only 3.25% and free valuation. Moreover, it has no early repayment charges.The fees that come are a 999... Read more
UK House Prices Increase 0.6% in January 2012
House prices in the UK rise by 0.6% in January but still remain 1.7% lower than at the same time last year.The latest house prices index published by Halifax, the mortgage arm of Lloyds Banking Group, suggests that UK property prices rose by 0.6% in January 2012. This is the first house prices increase registered by the bank in the past 3... Read more
Leeds Building Society Launches New Mortgage Deals
UK lenders, including banks and building societies, are doing their best to attract new customers by cutting mortgage interest rates.This time, it was the Leeds Building Society, which announced new discount mortgages on Thursday, January 26th.The building society has launched a 2-year fixed mortgage loan available at 5.25% for mortgage borrowers... Read more
Attractive Mortgage Deals Introduced by the Co-operative Bank
On January, 19th the Co-operative Bank announced the launch of new mortgages for borrowers with large deposits.From Friday, January, 20th borrowers with 40% deposits can get either a fixed-rate of a tracker mortgage at just under 3%.As such, a 2-year fixed-rate mortgage with 60% loan-to-value ratio is available for buyers at just 2.79%. The same... Read more
More Mortgages Available in the UK – Moneyfacts
The latest research performed by price comparison portal Moneyfacts suggests that the number of mortgage loans available to Brits has increased lately.As such, in the beginning of 2012, the overall number of mortgages available to UK borrowers stood at 3,180 which compares to only 2,527 at the same time last year.Of these, there are 280 mortgages... Read more
New Fixed-rate Mortgage Available from Nationwide
On January, 12th one of the leading UK lenders, the Nationwide building society, announced the launch of a brand new fixed-rate mortgage deal that may be very attractive for first-time buyers.The 90% loan-to-value ratio deal is available for borrowers at as low as 5.29% and a 900 pounds fee. The deal is fixed for 2 years.Those who are ready to... Read more
UK House Prices Rise 0.2% in December – LSL Property Services
According to the latest report published by LSL Property Services/Acadametrics, house prices in the UK remained almost unchanged in December 2011.The report published by the company on Friday, January 13th revealed that the month-on-month increase only amounted to 0.2% in December. The average house was priced at 220,385 pounds.On an annual basis,... Read more
Availability of Mortgages in UK Shrunk in December
The latest report by Mortgage Brain published on January, 10th suggests that the number of mortgage products available in the UK slightly fell in December, 2011.Despite this fact, however, the overall number of mortgage loans available to Brits in the past 6 months of 2011, was 6% up from the first half of the year.Banks and building societies... Read more
Mortgage Availability Improved by 87% in 2011
A research by Mortgage Brain found out that the number of available mortgage products in the UK has increased by as much as 87% in the past 12 months.As such, in December 2011 there are 14,052 mortgages available from UK banks and building societies, whereas there were only 7,519 products available at the same time last year.According to Mortgage... Read more
