The best new savings and mortgage deals
We give our verdict on new savings accounts, home loans and cashback offers.
Read More: The Telegraph – Savings
Mortgage approvals fall as banks favour richer borrowers
The number of home loans approved last month fell with lower income buyers hit the hardest.
Read More: The Telegraph – Mortgages
Mortgage approvals rise to eight-month high
Jump in home loans is reversed by lending to business, which fell by £3.2bn in March, according to the British Bankers’ Association
Read More: FT – Economy News
Lloyds and Grainger in property assets tie-up
UK lender to create a mechanism to help restore the value of thousands of non-performing home loans with the residential landlord, in what is the first deal of its kind in the UK
Read More: FT – UK Companies
Drop in mortgage lending since last year
The freeze on lending shows little sign of thawing as figures reveal the number of home loans approved fell 10pc.
Read More: The Telegraph – Mortgages
Lenders offer flexible remortgage deals
Borrowers coming to the end of a fixed or tracker-rate deal and looking to remortgage their properties in the coming months now have more options available to them, after a number of high-street lenders reduced their fixed rates and launched innovative new home loans
Read More: FT- Property
Britain’s largest lenders not always best, says study
Britain’s biggest lenders do not necessarily offer the cheapest home loans, new research discloses.
Read More: The Telegraph – Money Saving Tips
Mortgage restrictions easing off
The proportion of mortgage deals needing more than a 25% deposit falls to a two-year low of just under half of home loans.
Read More: BBC News – Your Money
Beat the interest rate hike by overpaying loans now
Borrowers should consider making additional capital repayments of their home loans while interest rates remain low, say mortgage brokers – with one high street lender now allowing customers to overpay by as much as 50 per cent
Read More: FT- Property
Dip in mortgage demand predicted
Demand for home loans is expected to fall in the coming months as the mortgage market continues to stagnate, lenders say.
Read More: BBC News – Economy
Bank sees slight mortgage pick-up
Approvals for home loans – notably for people remortgaging their properties – picked up slightly in November, figures show.
Read More: BBC News – Your Money
Slight mortgage pick-up says Bank
Approvals for home loans – notably for people remortgaging their properties – picked up slightly in November, figures show.
Read More: BBC News – Your Money
Fresh mortgage drought warning as banks lending targets withdrawn
House-hunters have been warned to expect a New Year mortgage drought as Britain’s
nationalised banks will no longer be obliged to offer affordable home loans.
Read More: The Telegraph – Mortgages
Homeowners cut mortgage debt by the most in over a year
Bank of England figures show people braced for austerity Britain by paying
down £6.1bn on their home loans in the three months to the end of September
– the most since the first quarter of 2009.
Read More: The Telegraph – Mortgages
House prices to fall, says Bank of England
House prices will fall next year, the Bank of England has warned, as home
loans become harder to secure amid government spending cuts.
Read More: The Telegraph – Mortgages
