mortgages

Can we get a home loan on the £110,000 that has been gifted?

Monday, 19 February 2018 | Question and Answer

This type of purchase of a property at a discount from the open market value is something that is often referred to as a concessionary purchase. There should be a reasonably good choice of lender that can help.

Co-op Bank brand to exit mortgage market – what does it mean for you?

Wednesday, 07 February 2018 | News

The Co-operative Bank is to stop offering mortgages directly to new customers, with the brand set to disappear from the UK mortgage market.

Thousands face hardship as mortgage benefit scheme set to close

Wednesday, 31 January 2018 | News

Thousands of households who receive government support to help them pay their mortgages are facing hardship as a benefit scheme closes in April, with few people yet to sign up for its replacement.

Lenders must act to help struggling interest-only mortgage borrowers, regulator warns

Tuesday, 30 January 2018 | News

Mortgage lenders must do more to help customers with interest-only loans, the financial regulator has said after a review into the sector outlined poor practice and a lack of engagement with struggling borrowers.

Online tool launched to help borrowers fight mortgage inertia

Friday, 26 January 2018 | News

Online mortgage broker Trussle has launched a new market monitoring tool, which alerts mortgage customers when they could save money by switching to a better deal.

M&S Bank targets first-time buyers as it debuts mortgage range

Friday, 26 January 2018 | News

M&S Bank has launched its first range of mortgage products, with a particular focus on the first-time buyer market.

Santander ditches standard variable rate for new mortgage deals

Tuesday, 23 January 2018 | News

Customers with new Santander mortgages will no longer move to the lender’s standard variable rate (SVR) when their initial mortgage deal ends.

Buy to let for first-time buyers – ‘unusual’ mortgage deal launches

Monday, 15 January 2018 | News

Specialist lender Landbay has opened up its range of buy to let mortgages in a bid to attract customers who do not already own a home.

Mortgage providers shield borrowers from base rate rise

Wednesday, 13 December 2017 | News

Thirty mortgage providers have not passed on the base rate increase to customers on their standard variable rate (SVR).

Nationwide becomes first major lender to offer equity release

Friday, 17 November 2017 | News

Nationwide has become the first major lender to offer equity release products to older borrowers.