Mortgages News

Mortgage lending rose 6% in February

18/03/2010

Gross mortgage lending increased six per cent last month, rising to an estimated £9.2billion, the latest figures from the Council of Mortgage Lenders shows. This increase is unusual, the CML said, because February is the shortest month, but can partially be explained because of the end of the stamp duty holiday at the beginning of January, ...

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Mortgage rate cuts leave borrowers in a quandary

The recent mortgage rate cuts by UK lenders are 'good news' for borrowers, but also leave them with a difficult decision to make, says Hannah-Mercedes Skenfield, mortgages channel manager at moneysu... more
Santander mortgage rates gather no moss with more cuts

Santander has been on a roll in recent weeks when it comes to mortgage rates, and has announced yet another rate cut – the sixth of this year so far. The latest mortgage rate cuts, effective i... more
Mortgage rates will keep falling while base rate stays at 0.5%

As the Bank of England has voted to keep the base rate at 0.5 per cent for the twelfth consecutive month, mortgage advisors John Charcol say this is good news for borrowers who will see rates contin... more