PMS is launching two discounted rate deals through Hinckley & Rugby Building Society. The first is a two-year deal at 3.45% at up to 80% LTV and the second is a two-year deal at 3.95% at up to 85% LTV.
So Lloyds Banking Group is no longer offering borrowers an interest-only repayment method if they are borrowing more than £500,000. (Mortgage Strategy Online). Picture this scenario – a middle-aged couple with four children sell their current property and have £1.5m cash. They want a new property for £2m so they would like a £500,000 interest-only […]
CHL Mortgages has reported a 40% fall in the level of three-month arrears since arrears peaked in February 2009.
The average rent in the UK rose by 0.6% to £663 per month in April, 2.2% higher than a year ago, according to the latest Buy-to-Let Index from LSL Property Services, which owns the UK’s largest lettings agent network, including national chains Your Move and Reeds Rains.
Regarding your story that the Post Office is launching a new range of mortgages (Mortgage Strategy Online), every time I see Bank of Ireland pretending to be the Post Office I feel rather sick. This is the lender that claimed to be deleveraging from the UK when the market most needed funds and the one […]
This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]
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