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Godiva launches ERC-free sub-prime range

Godiva Mortgages, the specialist lending subsidiary of Coventry, is launching a range of credit impaired mortgages without early repayment charges.

Borrowers with credit problems will be able to choose from a range of flexible trackers and fixed rates in the near prime, extra light and light adverse categories.

All the products offer a free valuation and free legal fees for remortgagors. A booking fee of £199 and an arrangement fee of £800 applies to all products.


Capital Fortune slams lenders for pulling fixed rates

Capital Fortune Independent Mortgage Advisers has hit out at top lenders for withdrawing their current fixed rate products despite the recent interest rate hold. It says existing deals are to be replaced with higher rates across the board, significantly increasing the cost of borrowing and despite the Bank of England agreeing to put rates on […]

Callcredit buys Legatio

Callcredit has bought the online payment service provider Legatio Technologies.Legatio Technologies was set up over five years ago, and has a strong reputation as an innovative provider of online payment services. Legatio’s current client roster includes Her Majesty’s Revenue and Customs and the Employment Tribunal Service, as well as private sector companies. These include household […]

UCB modifies rates across range

UCB Home Loans is slashing rates on its self-cert and buy-to-let two-year tracker products. However, it is increasing fixed rates on its prime self-cert and buy- to-let two, three and five-year products, its near-prime self- cert and full-status deals, as well as its prime full-status two and three-year products.

Firm sounds buy-to-let repossessions warning

Moore Blatch has forecast a sharp rise in buy-to-let repossessions as re- cent interest rate rises start to affect landlords.The repossession litigation specialist says repossessions have flattened over the past year, but warns that the market could see a significant upswing in them as both buy-to-let and owner-occupier borrowers begin to feel the pinch of […]


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