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Remortgaging at highest level since 2009
18th September 2017
New data from UK Finance reveals that lending for house purchases in July was lower than in the preceding month but higher than the same month a year ago. Home movers borrowed £7.1 billion in July, down 9% compared with June but up 15% compared with July 2016. This equated to 32,800 loans, down 10% […]
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Leeds BS offers more choice for remortgage customers
5th September 2017
Homeowners looking to remortgage this autumn have more choice with new fixed-rate deals from Leeds Building Society. Highlights of the expanded range include: a five-year, fees-assisted, fixed-rate mortgage available up to 65% loan-to-value (LTV) at 1.94%; a five-year, fees-assisted, fixed-rate mortgage available up to 80% loan-to-value (LTV) at 2.14%; and a two-year, fee-saver, fixed-rate mortgage […]
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Accord launches new cut-rate remortgage products
14th August 2017
Accord Mortgages has reduced mortgage rates at most loan-to-values (LTVs) and introduced a new three-year option at 85% LTV. The intermediary-only lender, which is part of Yorkshire Building Society, has reduced mortgage rates by up to 0.12%. Highlights of the updated mortgages include a two-year fixed-rate deal at 1.37% up to 65% LTV for house […]
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New cashback Help to Buy remortgage deals at Teachers BS
14th August 2017
Teachers Building Society has launched a new fee-free Help to Buy remortgage with £400 cashback to cover legal and admin fees. The three-year fixed-rate remortgage at 2.99% has no arrangement fee and is designed to help homeowners who want to remortgage and stay within the Help to Buy scheme. Andy Yates, business development manager at […]
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Citizens Advice: Customers paying extra £439 a year by not remortgaging
31st July 2017
Loyal customers who don’t remortgage after their fixed-term mortgage deal ends are paying £439 extra a year, on average, according to new research from Citizens Advice. The penalty affects people who are rolled onto their bank’s standard variable interest rate at the end of a fixed-term mortgage deal rather than opting to remortgage their property. […]
