03 - Friday 3rd February
Low Rate Fixed Rate Mortgages
The lowest rate fixed rate mortgage has been launched by Chelsea Building Society, at a rate of 3.19 percent, with a flat fee of £1,495 and a 30 percent deposit.This is the first time mortgage brokers have seen a fixed rate mortgage with rates at the level and it will allow them to provide extremely good value to customers who are looking for the security of a fixed rate mortgage.
Mortgage news for Friday 3rd February 2012 is provided by external sources for one of the UK's leading mortgage broker directorys, Find Mortgage Lenders and Brokers. Our directory provide you with a list of independent mortgage brokers and lenders local to your area.
- Best mortgage rates go private
Some private banks will price their mortgage rates relative to overnight Libor, which is closer to Bank of England base rate at just under 0.6 per cent
Fri 3rd Feb 2012 6:20pm - Chelsea’s five-year fixed-rate mortgage
3.19 per cent deal comes with a fee of £1,495 and is available to borrowers with a deposit of 30 per cent or more
Fri 3rd Feb 2012 6:11pm - Sale and rent back schemes halted
The financial regulator has cracked down on controversial sale and rent back deals that target distressed homeowners
Fri 3rd Feb 2012 1:21pm - Warning over holiday lets for pensions
New schemes allow Sipp investors to gain exposure to property investments – but some administrators are refusing to hold them
Fri 3rd Feb 2012 5:53pm - FSA says rent-back market effectively closed
The Financial Services Authority has today published a report that shows most sale-and-rent-back transactions were either unaffordable or unsuitable and never should have been sold.
Fri 3rd Feb 2012 10:37am - Joint legal representation option for bridging at Precise
From this Monday Precise Mortgages will allow bridging clients to choose the option of joint legal representation rather than the market norm of separate representation.
Fri 3rd Feb 2012 2:13pm - UK to enter recession in 2012, warns Niesr
The UK is set to enter recession in the first half of 2012, the National Institute of Economic and Social Research has warned.
Fri 3rd Feb 2012 9:47am - Top 20 burglary hotspots: Home insurance data reveals postcodes with highest rate of claims
Homeowners in Stoke Newington in north London are the most likely to have made a claim for theft or burglary on their home insurance policy, according to new research.
Fri 3rd Feb 2012 8:42am - LV= cuts rate on its lifetime and flexible lifetime mortgages
LV= has announced that it will cut the rates on their lifetime and flexible lifetime mortgages for the second time this year as a result in a fall in the wholesale rates.
Fri 3rd Feb 2012 5:24pm - UK service sector PMI growth eases double-dip recession fears
Growth in both manufacturing and the vital services sector surprised economists and could help the UK avoid slipping back into recession in the first quarter of 2012.
Fri 3rd Feb 2012 12:14pm - Best mortgage rates go private
Some private banks will price their mortgage rates relative to overnight Libor, which is closer to Bank of England base rate at just under 0.6 per cent
Fri 3rd Feb 2012 6:20pm - Chelsea’s five-year fixed-rate mortgage
3.19 per cent deal comes with a fee of £1,495 and is available to borrowers with a deposit of 30 per cent or more
Fri 3rd Feb 2012 6:11pm - Warning over holiday lets for pensions
New schemes allow Sipp investors to gain exposure to property investments – but some administrators are refusing to hold them
Fri 3rd Feb 2012 5:53pm - Sale and rent back schemes halted
The financial regulator has cracked down on controversial sale and rent back deals that target distressed homeowners
Fri 3rd Feb 2012 1:21pm - Best mortgage rates go private
Some private banks will price their mortgage rates relative to overnight Libor, which is closer to Bank of England base rate at just under 0.6 per cent
Fri 3rd Feb 2012 6:20pm - Chelsea’s five-year fixed-rate mortgage
3.19 per cent deal comes with a fee of £1,495 and is available to borrowers with a deposit of 30 per cent or more
Fri 3rd Feb 2012 6:11pm - Warning over holiday lets for pensions
New schemes allow Sipp investors to gain exposure to property investments – but some administrators are refusing to hold them
Fri 3rd Feb 2012 5:53pm - Sale and rent back schemes halted
The financial regulator has cracked down on controversial sale and rent back deals that target distressed homeowners
Fri 3rd Feb 2012 1:21pm
