Mortgage Deals Help…

90% Mortgages From Newcastle
 
The Newcastle Building Society has become the latest lender to offer 90% mortgages to its customers. They are offering two types of product, a fixed rate deal and a tracker deal, aimed at the first-time buyer.
 
The fixed rate is at 5.95% for 2 years and then moves back to the lenders SVR [...]

Discount Mortgages From N&P
 
Norwich & Peterborough Building Society has launched a package of 2 three-year discounted mortgages.
 
Both deals are based on a maximum loan-to-value of 75% with a minimum £50,000 loan.  It is possible to take payment holidays as long as the required overpayments have been made.
 
3yrs With Help Upfront
 
3.15% for 3yrs – based on [...]

90% Mortgage – The Growth of the 90% Mortgage in 2010
 
Moving into 2010 and mortgage rates are starting to fall which could excellent news for first-time buyers.  In January lenders began to relax their lending criteria with more than 300 new products on the market since the beginning of 2010.  The number of 90% mortgages [...]

As the economy slowly climbs out of recession, millions of homeowners are facing a dilemma. Is it time to take advantage of low interest rates to fix your mortgage for the long term or to opt for a cheaper tracker rate pegged to the Bank of England base rate, which could rise over the next [...]

95% mortgage deals in Jan 2010

As we move into the new decade 95% mortgage deals are still hard to come by.  The recently reported 95% mortgage deals are still available but there are very few new deals coming to the table.

It also appears that these deals are mainly for current borrowers, which still leaves first [...]

Mortgage interest takes less income
According to new data released by the Council of Mortgage Lenders (CML) in November 2009 homeowners needed to use less of their income to pay for their mortgage interest.
On average the homeowner used 10.6% of gross income on their mortgage interest payments in November, compared to 11.1% in November.  A figure [...]

100 percent mortgages in 2010
 
First time buyers are set to struggle as we move into 2010 and those looking for 100 percent mortgages are not going to find any in the market.  There are no lenders willing to take the risk on 100 percent mortgages, and the maximum they are willing to risk is a [...]

 
Mortgage Rate Cuts From Nationwide
 
Nationwide has announced that it will be reducing interest rates for a number of its tracker mortgages and fixed rate mortgages.
 
The main winners will be those customers looking to borrow between 70 percent and 85 percent LTV as the rates will be reduced on these deals.
 
Borrowers who are looking at a [...]

Borrowers will find it harder to take out a competitive new home loan from Woolwich, the mortgage brand of Barclays, after it announced plans to tighten its affordability calculations.

90% Mortgages – November 09
Although the market has been quite flat and high LTV mortgages have fast disappeared over the past couple of years new deals are becoming available.  There are currently a few choices for 90% mortgages. 
 
The Nationwide has introduced a new range of mortgages with the requirement of only a 10% deposit.  These [...]