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B&B increases SVR by 0.25%

Bradford & Bingley is to increase its standard variable rate by 0.25%, following the Bank of England&#39s base rate rise.

Its SVR mortgage rate for both new and existing borrowers will increase from 5.54% to 5.79%, effective from Sunday November 23 2003.

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We must make borrowers aware of the risks of self-build

Ricky Okey, general manager, Charcol. The self-build market, although considered a specialist market, is actually popular with pretty much anybody. There are no typical self-build lenders or specialists but some stand out from the crowd. In the selfbuild specialist category BuildStore is in a league of its own and has pretty much cornered the market. […]

Halifax increases SVR by 0.25%

Halifax says it will be increasing its standard variable rate from 5.50% to 5.75%, following the Bank of England&#39s rate rise last week. The increase will come into effect from the December 1 2003 for existing borrowers, with tracker mortgage customers also seeing an increase in rates from the same date.

CETA to hold free prize draw at Mortgage Expo

CETA and its sister company Spanish Property And Investment Network are celebrating their attendance at Mortgage Expo with a bonanza free prize draw give-away. Prizes include a week&#39s holiday for two in Spain, including flights and accommodation, a top brand digital camera, premier rugby tickets and replica England rugby shirt, a colour TV, Christmas hampers, […]

For better or For worse For better or For worse

Offset mortgages have become the flavour of the month for many borrowers but are actually the “privilege of the wealthy”, one of Britain&#39s biggest mortgage brokers has claimed. Recent figures from the British Bankers&#39 Association show that the average mortgage has more than doubled in the past six years to £112,000. As people stretch themselves […]

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