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Tuesday 03rd of March 2009

News Tag: mortgage products

February 27, 2009

Abbey launches new mortgages, reduces rates

by David Masters
Abbey launches new mortgages, reduces rates
Abbey today launched two new no-fee fixed-rate mortgages. Both the Remortgage Solution and the Homebuyer Solution are three year no-fee mortgages at 4.59% with up to 75% loan to value (LTV). Free valuation and free legal fees are included in both packages. The lender has also reduced rates in its two and three year 60% LTV remortgage products. The two year remortgage is now fixed ...

April 18, 2008

March mortgage lending 17% down

by Gill Montia
Latest figures from the Council of Mortgage Lenders (CML) present a mixed picture. Last month, gross lending increased by 5% on February, to £26.3 billion, but was 17% down on March 2007. Traditionally, there is a 20% difference between February and March mortgage lending, as the housing market arises from winter lethargy. This year's low figure for March reflects both a lack of confidence in the housing market and ...