The Co-operative Bank and Britannia are launching two fixed rate deals starting from 2.95%. The products include a two-year fixed rate at 2.95% up to 75% LTV and a five-year fixed rate at 3.99%, again up to 75% LTV.
The number of new properties coming onto the market jumped by 34% following the government’s decision to suspend HIPs, a 68% increase on the same week last year, according to Countrywide.
The length of time it takes to sell a repossessed property has fallen, with the time to exchange now running at less than half that for standard property sales. Data from Spicerhaart Corporate Sales for the year to the end of April shows that repossessed properties take an average of 21 days to exchange from […]
Paying borrowers to take their mortgage business elsewhere – that’s the latest bizarre development in what has become the crazy world of Irish banking. A decade ago Bank of Scotland (Ireland) shook up the cosy cartel operated by native banks. It offered customers dramatically cheaper rates including low-cost tracker mortgages, setting off a reckless battle […]
LV= has appointed Clare Lucas as equity release product development manger, following an internal promotion.
Johnson Fleming’s current charity of the year is CLIC Sargent: the UK’s leading cancer charity for children and young people, and their families.
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