interest-only mortgages

The Leeds changes interest-only criteria

The Leeds Building Society has made improvements to its interest-only mortgage range. The mutual will now...

The Mansfield launches interest-only downsizing deal

The Mansfield Building Society has unveiled a new mortgage product for interest only customers who are...

The Teachers up maximum interest-only LTV

The Teachers Building Society has increased the maximum LTV on its interest-only mortgage option...

Large majority fear not paying off interest-only loan

Nearly three-quarters of homeowners with interest-only mortgages are concerned they may not be able...

Advisers want interest-only innovation

30% of equity release advisers want product development to focus on interest-only mortgages –...

Kensington offers new interest-only deals

Kensington has unveiled interest-only mortgages up to 75% LTV to customers who earn a minimum...

Lenders must do more to engage interest-only customers

The Council of Mortgage Lenders (CML) has reported that over the past two years,...

More product choice needed to meet interest-only shortfalls

43% of advisers want to see more innovation on equity release lenders plans suitable...

New interest-only remortgage deals from the Leeds

Leeds Building Society has added two new fee-free deals for remortgages to its interest-only range. In May the...

Lifetime mortgages throw lifeline to mortgage prisoners

The number of people using equity release as a means to pay off an...

Interest-only criteria tweaked by the Leeds

The Leeds Building Society has made changes to its interest-only lending criteria. New part and part...

New products, reduced rates and fees from Kent Reliance

Kent Reliance has overhauled its mortgage range. It has launched new five-year fixed rate products,...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Millions of households exposed to financial shocks despite apparent stability

Millions of UK households that appear financially secure could struggle to absorb an unexpected...

The Mortgage Hut adopts Instamo tool to speed up mortgage applications

The Mortgage Hut has introduced Instamo's FastSubmit technology to reduce the amount of manual...

FCA sets out timetable for major expansion of anti-money laundering supervision

The FCA expects to begin taking over anti-money laundering supervision of legal, accountancy and...

MAB revenue rises as refinancing drives mortgage completions

Mortgage Advice Bureau reported an 8.6% increase in first-half revenue to £161.0m as higher...

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