Mutuals continue to grow mortgage lending in January
Gross mortgage lending by building societies and other mutual lenders was £2.4 billion in January, up by 25% compared to the same month last year.
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HSBC launches its lowest ever fixed rates
HSBC has responded to growing demand for borrowers seeking a fixed rate by launching its lowest ever 2, 5, 7 and 10 year fixed rate mortgages next week.
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First-time buyers reach highest yearly total in 5 years
The number of first-time buyers reached its largest yearly total in five years, according to new data released today by the Council of Mortgage Lenders.
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first direct launch 2.69% fixed for 5 yearsfirst direct has launched a new five year fixed rate mortgage at 2.69%.
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Gross mortgage lending by building societies and other mutual lenders was £30.7 billion in 2012, up by 30% compared to 2011.
The number of loan approvals for house purchase (55,785) increased in December and was higher than the previous six-month average (50,058) according to the Bank of England.
Gross mortgage lending in December reached an estimated £11.7 billion, according to the Council of Mortgage Lenders.
The number of loans advanced for house purchase reached the highest quarterly total for the year but remained lower than the same period last year, according to new figures released by the Council of Mortgage Lenders in Northern Ireland.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
