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 Sunday, 22 November 2009
Money

Mortgages News

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Mortgage News

MONEY

Bank to launch 'fee-free' account

Spanish banking giant Santander is set to launch an assault on the current account market with the introduction of a fee-free account available to mortgage customers.


ECONOMY

Mortgage lending up five per cent

Mortgage lending rose by 5% during October as the market continued to recover from its traditional summer dip, figures showed.


MONEY

Lloyds cuts mortgage interest rates

Lloyds Banking Group has slashed interest rates on a number of its mortgages and launched a new best buy deal.


MONEY

Northern Rock cuts loan rates again

Nationalised bank Northern Rock has cut its mortgage rates for the fourth time in just over a month.


ECONOMY

Homeowners' mortgage borrowing up

Homeowners' mortgage borrowing increased in September while the number of loans approved for house purchase also grew, figures have shown.


INDUSTRY

Lodgers used to pay off mortgages

The number of households with a lodger has increased by a quarter in recent years, six times higher than official figures show, according to a new study.


MONEY

Parents save for children's houses

A fifth of parents with grown-up children plan to use their savings to help their offspring get on to the property ladder, a survey has revealed.


MONEY

Mortgage fees average almost £1,000

The typical mortgage arrangement fee has jumped by nearly 14% this year with charges on some deals now averaging more than £1,000, research has shown.


ECONOMY

New buyers push up mortgage lending

Strong demand from people buying a new home has helped mortgage lending edge up by 2% during September, figures have shown.


Rich lists - pricey properties

Property

There may be chaos in the financial and property worlds, but some houses look immune to the gloom. Check out these pricey properties