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Co-op Bank and Britannia unveil fixed rate deals

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.

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Repossessed properties now shift twice as fast as regular sales

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 […]

Lender pays to shed borrowers

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 […]

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