Mortgages

Regulator looks to ease pressure on older interest-only borrowers

Friday, 08 September 2017 | News

Older borrowers could soon find it easier to access interest-only mortgages under plans announced by the regulator.

Clock starts ticking ahead of two-year PPI claims deadline

Thursday, 07 September 2017 | News

Consumers who were mis-sold Payment Protection Insurance (PPI) now have two years to submit a claim against their provider.

Mortgage borrowers punished for loyalty

Thursday, 27 July 2017 | News

Stay loyal to your mortgage lender and you could be penalised by as much as £1,000 a year, according to new research by Citizens Advice.

Lloyds to pay £283m compensation to struggling mortgage borrowers

Thursday, 27 July 2017 | News

Lloyds Banking Group is to pay out £283 million in compensation to more than half a million of its mortgage customers.

Bank of England issues warning against bad loans and tightens mortgage affordability tests

Thursday, 29 June 2017 | News

The Bank of England is to force banks to hold bigger reserves against consumer loans, amid fears that lenders are unprepared for future financial shocks.

Ask the Experts: How can my grandmother release some cash from her property?

Friday, 23 June 2017 | Question and Answer

There are many people who wish to unlock the value in their home. One way to do this is via an equity release scheme.

Homeowners face £3,242 penalty for failing to remortgage

Friday, 02 June 2017 | News

Consumers with a mortgage at one of the UK’s big six lenders could be losing more than £3,000 a year by staying on their provider’s standard variable rate (SVR).

Most borrowers have no plans to remortgage

Thursday, 01 June 2017 | News

Almost three quarters of mortgage borrowers say they have no plans to remortgage in the coming year, according to the results of a Moneywise poll of 9,000 readers.

Millions struggle to repay mortgage yet over half have never remortgaged

Wednesday, 17 May 2017 | News

More than half of homeowners have never remortgaged to another deal, even though in most cases this could cut their monthly repayments.

Deal of the week: get £1,000 cashback on Halifax mortgages

Friday, 12 May 2017 | News

Halifax has launched a £1,000 cashback offer to those taking out a qualifying mortgage. Buying a home is an expensive business, so cashback deals can assist with the cost of moving.