Story by: Dominic Welling, FTAdviser
Lloyds TSB and Cheltenham & Gloucester (C&G) have announced they will cut their new mortgage rates next week following yesterday's Bank of England base rate reduction.
Age Concern's guide to equity release is being provided to advisers free of charge as part of a partnership with Hodge Lifetime.
The Halifax has become the latest lender to announce it will cut the rates on some of its mortgage products following the Bank of England's decision yesterday (8 January) to cut the base rate to 1.5 per cent.
Welcome Finance, the second charge mortgage lending arm of Cattles, is to withdraw completely from the intermediary market at the end of January, Money Management understands.
Alliance & Leicester has launched three exclusive remortgage deals for intermediaries.
Abbey, HSBC, Nationwide, Royal Bank of Scotland (RBS) and Lloyds TSB and Cheltenham & Gloucester have been quick to announced that they will be passing on today's reduction in the base rate to customers in full.
Bank of Ireland is to withdraw from the UK intermediary mortgage market with immediate effect, Money Management can reveal.
Britannia Building Society has announced that it will cut the rates on its fixed rate mortgages from Friday (9 January) by up to 65 basis points.
Alliance & Leicester (A&L) has launched a range of mortgage deals for 2009, with rates starting from just 3.49 per cent.
Gross mortgage lending has more than halved in the last year, according to the Council of Mortgage Lenders.
Swindon is the destination this week as our mystery shopper explores the market's appetite for mortgages in the New Year.
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For the last few years, on a Wednesday, my email inbox has been packed with Bank of England Monetary...