02 - Thursday 2nd February
Buy to let mortgages with reduced application fees
Barclays has announced that their buy to let mortgages will be available with reduced application fees for fixed rate mortgages between £125,000 and £250,000.
Barclays' 75 percent buy to let mortgage, a fixed rate mortgage with a rate of 5.29 percent will be available with a fee of £1000 for loans of amounts between £50,000 and £125,000 and for mortgages between £125000 and £250, the fee will bow be £2,499. For loans between £250,000 and £1,000,000 the rate will be unchanged at £3,999.
Mortgage news on 2nd February 2012 is provided by external sources, such as major banks nad building societies as well as independent mortgage lenders and brokers. You can find mortage brokers in your loca area with our free directory.
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Thu 2nd Feb 2012 6:20pm - FSA to increase mortgage broker fees
The Financial Services Authority has today revealed its Annual Funding Requirement for 2012/13, which includes an increase in the fees mortgage brokers will pay.
Thu 2nd Feb 2012 3:49pm - Halifax Intermediaries ups max LTV to 90% for new-build houses
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Thu 2nd Feb 2012 12:24pm - Loughborough’s gross mortgage lending up 7% in 2011
The Loughborough Building Society has reported a 7% year-on-year rise in gross mortgage lending for 2011.
Thu 2nd Feb 2012 3:07pm - Barclays cutting the fees on its B2L deals
From tomorrow, Barclays is cutting the application fee on its buy-to-let range for loans between £125,000 and £250,000.
Thu 2nd Feb 2012 12:29pm - Principality’s mortgage lending climbs 7% to £1bn in 2011
Principality Building Society has reported gross mortgage lending of £1bn for 2011, a 6.5% increase on the previous year.
Thu 2nd Feb 2012 11:39am - Bank of Ireland looks to sell more UK mortgage portfolios
Bank of Ireland is looking to offload two of its UK mortgage portfolios worth nearly £2bn, Money Marketing understands.
Thu 2nd Feb 2012 10:52am - Revived right-to-buy scheme will fail to deliver, says Hometrack
The government’s plans for a revived right-to-buy scheme will fail to deliver the one-for-one replacement rate promised, according to a report on the initiative by Hometrack.
Thu 2nd Feb 2012 10:38am - Nationwide increases rates by up to 0.20%
Nationwide has increased rates on a number of its fixed and tracker mortgage products by between 0.10% and 0.20%.
Thu 2nd Feb 2012 10:09am - Lloyds group pledges not to cut branch numbers for three years
Lloyds Banking Group has pledged to keep the same number of branches in its total network for the next three years.
Thu 2nd Feb 2012 9:51am - Buy-to-let mortgage deals increase by 100 in a year and interest rates fall - Moneyfacts
There are 100 more deals on offer now than a year ago - and the average buy-to-let rate has dropped from 5 per cent to 4.79 per cent.
Thu 2nd Feb 2012 12:14pm - ‘Lowest ever’ five year fixed rate mortgage from the Chelsea
Chelsea Building Society has unveiled its lowest ever five year fixed rate mortgage. The 70 per cent LTV deal is available at 3.19 per cent.
Thu 2nd Feb 2012 10:30am - New mortgage lenders fail to sparkle
State Bank of India will offer UK residential mortgages, but most new entrants are not providing significant competition
Thu 2nd Feb 2012 3:00pm - Solar buyers in race to beat tariff deadline
Government deadline gives homeowners less than four weeks to install and register renewable energy systems to qualify for higher rate
Thu 2nd Feb 2012 6:20pm - New mortgage lenders fail to sparkle
State Bank of India will offer UK residential mortgages, but most new entrants are not providing significant competition
Thu 2nd Feb 2012 3:00pm
