Mortgages news library

  • Banks raise tracker mortgage rates

    Lloyds TSB has raised the cost of its mainstream trackers by between 0.3% and 0.5%, while Barclays' lending arm the Woolwich is increasing its lifetime and offset tracker rate...

    Updated: 16 October 2008

  • Inter-bank lending rate inches down

    A gradual thaw in frozen money markets as global bailouts take effect has seen lending rates between nervous banks inch lower....

    Updated: 15 October 2008

  • First-time buyers at record low

    A record low in the number of first-time buyers getting on to the property ladder during August saw house prices dive by 2.7% compared with the previous month....

    Updated: 15 October 2008

  • Mortgage lender hikes tracker rate

    Tracker rates for new borrowers are being increased by Britain's biggest building society - in spite of last week's interest rate cut....

    Updated: 14 October 2008

  • Co-op cagey about Britannia deal

    A merger of the Co-op's financial services and the Britannia building society would create a business with six million customers and £70 billion of assets....

    Updated: 13 October 2008

  • Banks' support for homeowners

    UK banks have been ordered to increase lending to homeowners and small businesses as the most comprehensive state bail-out ever of the country's banking sector gets under way....

    Updated: 13 October 2008

  • Rate cut - relief for borrowers?

    When the Bank of England announced a shock rate cut of 0.5% in line with five other central banks, millions of homeowners rejoiced at the prospect of making substantial monthl...

    Louise Cuming - Head of mortgage and protection services

    Updated: 09 October 2008

  • Analysts predict interest rate cut

    The threat of economic recession is expected to result in the Bank of England cutting interest rates this week....

    Updated: 06 October 2008

  • Finance chaos delays key report

    Recent financial turmoil, including the nationalisation of Bradford & Bingley and the collapse of the banking sector in the US, has delayed a report into the UK's mortgage...

    Updated: 01 October 2008

  • Mortgage lending sees slump

    Mortgage lending plummeted in August to its lowest level ever recorded as lenders continue to struggle to raise finances because of the ongoing credit crisis....

    Updated: 30 September 2008

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