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Big mortgage lenders reduce rates
At least nine major mortgage lenders announced reduction in fixed rates this week, the biggest weekly fall since the beginning of the year, when the Bank of England cut the bank rate by 0.50% to 1.50%
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Wed, 23 Dec 2009 00:00 GMT |
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Abbey and Nationwide to lower fixed rate mortgage deals
Abbey and Nationwide are set to lower their fixed rate mortgage ranges today, Friday, as they try to rejuvenate the number of competitive products available to homebuyers and remortgage customers.
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Wed, 23 Dec 2009 00:00 GMT |
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BoE: Mortgage holders paying £200 a month less
The Bank of England said that at least 25 percent of UK homeowners are paying £200 less a month compared with the same period last year because of falling interest rates and lower mortgage payments.
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Wed, 23 Dec 2009 00:00 GMT |
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Yorkshire reduces fixed rate mortgage
Yorkshire Building Society has announced a new fixed rate mortgage reduction to aid home-movers cover the cost of the increase in stamp duty.
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Wed, 23 Dec 2009 00:00 GMT |
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Fixed rate mortgages losing appeal
Mortgage Broker John Charcol is reporting that the appeal of fixed rate mortgages fell in November with only 21.3 percent of their clients choosing a fixed rate in that month.
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Wed, 23 Dec 2009 00:00 GMT |
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Buy to let mortgages are scarcer
Getting buy to let mortgage finance is becoming harder as mainstream lenders reduce their focus on this market and specialist buy to let lenders struggle to access wholesale funding.
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Wed, 04 Nov 2009 00:00 GMT |
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Fixed rate mortgages fall out of favour
Borrowers are turning away from fixed rate mortgages as their rates remain stubbornly high compared to the Bank of England base rate.
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Wed, 04 Nov 2009 00:00 GMT |
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