27 - Friday 27th January
Fixed Mortgage Mortgages Below 5 Percent
A number of fixed rate mortages have been launched this week, by companies including Norwich & Peterborough Building Society, Woolwich and National Counties Building Society, all offering longer terms with rates going under 5 percent.
One of the lowest fixed rate mortgages comes from building society Norwich & Peterborough, a ten year mortgage with a 3.99 per cent interest rate for the ten year fix.
The ten year mortgage is available to customers with a 25 percent deposit and £295 fee. The fixed rate mortgage offer includes a £200 cashback incentive and remortgage customers will benefit from a free valuation and free legal services.
Mortgage news for 27th January 2012 is provided by external sources including independent mortgage lenders and brokers as well as other sources including major banks and building societies.
- Tracker mortgage lenders under pressure
Deals affected by banks’ ability to borrow amid continuing doubts about economic outlook
Fri 27th Jan 2012 6:52pm - Fixed-rate mortgages buck rising trend
Homeowners can now secure cheaper fixed-rate mortgages than they could a year ago – but variable rates are set to rise
Fri 27th Jan 2012 6:08pm - Lenders launch new ten-year mortgages
A number of banks and building societies are launching competitive fixed-rate mortgages, including a new cheapest-ever ten-year loan at 3.99%
Fri 27th Jan 2012 11:12am - Sesame Bankhall Group’s mortgage business up 8% in 2011
Sesame Bankhall Group delivered £26.1bn of mortgage business to lenders in 2011, an increase of 8% on the £24.2bn delivered in 2010.
Fri 27th Jan 2012 9:43am - Govt says FCA should consult on early warnings
Financial Services Bill rejects FSA’s argument that it should not consult firms being investigated before publishing their details.
Fri 27th Jan 2012 1:43pm - Over 1,000 homes sold through FirstBuy
The UK’s three biggest house builders have sold a total of 1,250 homes through the Government’s FirstBuy scheme in its first four months.
Fri 27th Jan 2012 1:41pm - Six lenders offering 80% LTV B2L after Kensington withdraws
There are now six lenders offering 80% LTV on buy-to-let after several product launches this month, and the withdrawal of Kensington from the entire buy-to-let market at the end of last year.
Fri 27th Jan 2012 10:49am - Generational divide stalling housing market
A generational divide will stagnate the UK housing market this year, according to HSBC, as young people are unable to buy and older homeowners are unwilling to sell.
Fri 27th Jan 2012 8:30am - Moving home cost rockets 70% and stamp duty sends South East move above £16k
The cost of moving home has jumped by almost 70 per cent in the past ten years, with buyers forced to find £9,000 to pay fees and tax alone.
Fri 27th Jan 2012 5:33pm - Cost of moving house soars to almost £9k in 2011
Lloyds TSB has discovered that people hoping to move house had to pay out almost £9,000 in expenses in order to do so in 2011.
Fri 27th Jan 2012 9:57am - Fixed-rate mortgages buck rising trend
Homeowners can now secure cheaper fixed-rate mortgages than they could a year ago – but variable rates are set to rise
Fri 27th Jan 2012 6:08pm - Lenders launch new ten-year mortgages
A number of banks and building societies are launching competitive fixed-rate mortgages, including a new cheapest-ever ten-year loan at 3.99%
Fri 27th Jan 2012 11:12am
