Santander Raises the LTV on First-time Buyer Mortgages

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UK Mortgage Lending Falls 10% in November

Latest CML report suggests that UK mortgage lending totaled £12 billion in November 2009, indicating a 10% decline. (Continue reading)

UK Remortgages Held Back by Market Conditions

Latest CML report suggests that the UK mortgage industry is a “2-speed market”, where mortgage activity grows, while remortgage activity drops. (Continue reading)

Credit Rating Agencies Cause Borrowers to Miss Out Mortgage Deals

UK borrowers are concerned with delays in the processing of mortgage applications caused by flawed work of credit rating agencies. (Continue reading)

New Offset Mortgage Deal Launched by First Direct

On November 30th First Direct launched a new mortgage deal that is perfect for borrowers willing to offset their savings against mortgages. (Continue reading)

Merger Between Yorkshire and Chelsea Agreed

Latest information on the Chelsea-Yorkshire merger suggests that it has been agreed by the two building societies. (Continue reading)

Leading UK Mortgage Lenders Might Merge Soon

Two important players on the UK mortgage market might soon announce a merger. (Continue reading)

Mortgage Borrowers Tend to Make Regular Overpayments on Loans

UK lenders claim that the number of borrowers making regular mortgage overpayments increased by 100-200% compared to last year. (Continue reading)

Gross Mortgage Lending Declines By Half – BSA

Latest BSA report suggests that year-on-year gross mortgage lending by UK building societies fell almost by 50%. (Continue reading)

UK Mortgage Approvals Reach Record Level in October

The latest data revealed by the Bank of England suggests that UK mortgage approvals hit the 19-month high. (Continue reading)

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