More Mortgages News

Yorkshire BS appoint finance director

Robin Churchouse has been appointed at the Yorkshire Building Society's new finance director, replacing Andrew Gosling who retires at the end of May.

  • Date published: 17.03.2010

Legal & General launches exclusive deal with Accord

Legal & General Mortgage Club has launched two exclusive fixed rate mortgage products, provided by Accord Mortgages.

  • Date published: 17.03.2010

Homebuyer confidence fragile before election: BSA

Confidence in the housing market remains fragile according to the Building Societies Association's property tracker survey, with buyers forecasting that property prices will grow but uncertain if now is a good time to buy.

  • Date published: 17.03.2010

Britannia and Co-op launch three-year tracker

Britannia Building Society and the Co-operative Bank are to launch a three-year tracker and five-year capped rate mortgage from Friday (19 March).

  • Date published: 16.03.2010

Northern Rock name chief financial officer

Northern Rock has appointed Jim McConville, former group finance director of Scottish Widows, as its chief financial officer.

  • Date published: 16.03.2010

New Leaf adds Cheshire products to panel

New Leaf Distribution has teamed up with Cheshire Mortgage Corporation to offer the firm's regulated mortgage products to its advisers.

  • Date published: 16.03.2010

Mortgage availability jumps 70 per cent over year

The number of mortgage products available has increased 70 per cent since this time last year to hit 2,053 compared with a low of just 1,209 on the market on 1 April 2009.

  • Date published: 16.03.2010

Police form mortgage forum to tackle fraudsters

The National Fraud Authority (NFA) and the Metropolitan Police have brought together key partners in the mortgage community to establish a mortgage fraud forum.

  • Date published: 16.03.2010

FSA data reveals state of mortgage market

The amount of repossessions and arrears continued to fall at the end of 2009 but consumers are continuing to struggle to find high loan-to-value home loans, according to the FSA.

  • Date published: 16.03.2010

RBS chief says banks are being made scapegoats

Banks have been turned into a scapegoat for the financial crisis, but other factors are to blame as well, according to Stephen Hester, group chief executive of the Royal Bank of Scotland (RBS).

  • Date published: 16.03.2010

Drawbridge Finance widens its offering

Drawbridge Finance, the specialist short and medium-term lender, has launched into the wider market today (15 March) to offer an enhanced range of products via a selected number of key partners.

  • Date published: 15.03.2010

Rightmove reveals house price growth is stalling

The growth in house prices came to a standstill in March as prices increased by just 0.1 per cent - the lowest increase ever recorded in March, according to Rightmove.

  • Date published: 15.03.2010

Lloyds to double mortgage overpayments

Lloyds Banking Group launched a new scheme on Saturday (13 March) that will allow customers with a variable rate mortgage to overpay their mortgages by up to 20 per cent with no financial penalty.

  • Date published: 15.03.2010

Scottish Widows Bank reports increased profits

Scottish Widows Bank has reported a profits of £38.2m for 2009.

  • Date published: 15.03.2010

N&P reveals impact of financial crisis

Norwich & Peterborough Building Society reported a pre–tax profit of £1.3m for 2009, compared with £5.9m in 2008.

  • Date published: 15.03.2010

Leeds launches three and five-year fixed rates

Leeds building society has launched a range of three and five-year fixed rates products including some fees-assisted versions for those who require help with up front costs.

  • Date published: 12.03.2010

Remortgages hit eight year low as all loans drop off in January

January saw the lowest monthly level of remortgage activity for eight years as the number of house purchase loans taken also decreased by half over the month.

  • Date published: 12.03.2010

Banking legend Brian Pitman dies

Former Lloyds chairman and chief executive Brian Pitman died yesterday (11 March) at hospital, after suffering a heart attack earlier in the week.

  • Date published: 12.03.2010

Mortgage Intelligence partners with Kensington

Prime lender Kensington has partnered with Mortgage Intelligence and Mortgage Next as key distributors for its product range.

  • Date published: 11.03.2010

V Loans and WLM Money on Link Loans panel

Master broker V Loans and packager WLM Money have teamed up with relaunched secured loans lender Link Loans to offer its new range of products.

  • Date published: 11.03.2010

Link Loans re-enters secured loans sector

Link Loans has re-entered the secured loans broker market after receiving new equity funding from the Royal Bank of Scotland (RBS).

  • Date published: 11.03.2010

Newcastle reports neither profit nor loss in 2009

Newcastle building society has reported that it broke even over 2009, revealing neither a profit nor a loss for the year after tax in its final results.

  • Date published: 11.03.2010

Mortgage affordability is 'at record levels'

Property prices now more affordable than at any time since in 2003, according to research by property website Zoopla.

  • Date published: 11.03.2010

Coventry in merger talks with Stroud & Swindon

Coventry and Stroud & Swindon building societies this week revealed that they are in the early stages of a merger.

  • Date published: 11.03.2010

Gov't should support equity release sector: MPs

Parliamentarians have called for more government support to highlight equity release as a viable retirement funding solution.

  • Date published: 11.03.2010

RBS bidders could foot the Bank’s liquidity bill

Potential bidders for Royal Bank of Scotland branches being sold off under EU state aid rules have identified a possible funding shortfall as a result of support it received from the Bank of England.

  • Date published: 11.03.2010

Bailed-out banks fail to act competitively

Lenders are still not offering competitive mortgage deals despite the Bank of England base rate being at an historic low for a year, according to Moneyfacts.

  • Date published: 11.03.2010

Mortgage Works launches mum and dad mortgage

The Mortgage Works is launching a new range of guarantor products offering a variety of liability levels.

  • Date published: 11.03.2010

Chelsea wraps peace of mind into 5-year fixed rate

Chelsea, the fifth largest building society, has launched two additional five-year fixed rate mortgages.

  • Date published: 11.03.2010

Owner-occupier rates point to years of decline: CML

Home ownership is set to decline in the coming years due a lack of new homes and mortgage rationing, according to the Council of Mortgage Lenders.

  • Date published: 11.03.2010

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