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Tracker borrowers fail to use low rates to overpay

Almost two-thirds of borrowers on a tracker mortgage are not taking advantage of low interest rates to overpay on their mortgage. This has risen from just over half of borrowers in May 2009, says



TFC Homeloans calls for rebrand of sub-prime

TFC Homeloans, the specialist distributor, believes that the lighter end of the sub-prime mortgage market could be returning, though those choosing to operate in it will continue to reject the traditional terminology.


Tesco to make further inroads into housing

Tesco plans to expand its house-building services with the construction of four developments in the South-East. It is reported that the supermarket also has plans to build homes, shops and leisure developments in Ipswich and the North-East.


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