Unity launches residential range

Unity Homeloans has launched a residential range. The light to medium sub-prime range now allows for County Court judgements up to £7,500. The lender has also introduced 90% LTV on light adverse deals and maximum amounts of £1m on self-cert and £1.5m on full status deals. Unity is offering 5.69% on its two-year fixed rate and there are also new three-year fixed rate options in all product categories.

Prices rose £50 a day in February

House prices rose by over £50 per day during February, an average of the main house price indices compiled by Assetz reveals.House price indices from Rightmove.co.uk, Halifax, the Department of Communities and Local Government, the Financial Times and Nationwide, show the average price of a home in February was £201,650, up from £200,628 in January.