New TSB mortgage deal lets you leave early without any charges

Fix your mortgage for five years without the commitment: New TSB deal lets you leave early for free but is it worth the extra cost? New deal lets borrowers fix for five years without having to pay for leaving early TSB’s new mortgage only carries early repayment charges up to three years  This means borrowers … Read more New TSB mortgage deal lets you leave early without any charges

Could a Netflix subscription one day help you get a mortgage?

How have you spent the lockdown? For many people it’s involved a lot of TV. The market research company Kantar estimated in May a fifth of all UK households had signed up to a TV streaming service like Amazon Prime, Netflix or the newly launched Disney+ since the start of lockdown. Parents juggling working from … Read more Could a Netflix subscription one day help you get a mortgage?

What you MUST know if you took a mortgage holiday

Borrowers are being urged to start clearing mortgage debt again as more than a million payment holidays come to an end this month. Around 1.8 million homeowners have taken a three-month payment break since the lifeline was announced in March.  Borrowers have until the end of July to extend current holidays by a further three … Read more What you MUST know if you took a mortgage holiday

Saffron BS mortgage gets cheaper if you make your home greener

Saffron Building Society is offering environmentally conscientious homeowners the chance to save money on their mortgage by making their homes greener.  The lender’s new retro-fit mortgage is a two-year fixed rate at 1.47 per cent with a £999 fee, available to homeowners and first-time buyers with 20 per cent or more equity to put in. … Read more Saffron BS mortgage gets cheaper if you make your home greener

Beverly BS bounce back mortgage designed to help the self-employed

Self-employed borrowers frozen out by banks since lockdown get some hope as small building society offers a new ‘bounce back’ mortgage Self-employed will have been hard pressed to find a mortgage so far this year  Banks have limited who they lend to as worries over the economy loom New deal could help by letting those … Read more Beverly BS bounce back mortgage designed to help the self-employed

Barclays now lets you fix your mortgage for a decade at 1.99%

Barclays offers Britain’s first ever 10-year mortgage at less than 2% – but is locking in for so long a good idea? Barclays introduces first 10-year fixed rate mortgage under 2% interest Rates on long-term fixes fall across the board amid increased borrower demand Brokers warn borrowers that leaving these deals early could cost them  By … Read more Barclays now lets you fix your mortgage for a decade at 1.99%

Mortgage approvals fell to record low in May amid crash fears

Mortgage approvals tumble to record low as lenders axe deals amid fears house prices will collapse Just some 9,300 mortgages to buy homes were handed out in May That’s down from around 15,800 in April and 90% below the February level Mortgage approvals are a third lower than the worst month of the financial crisis  … Read more Mortgage approvals fell to record low in May amid crash fears

Mortgage crunch as banks axe 90% of 10% deals in lockdown

Banks and building societies risk triggering a mortgage credit crunch, with 90 per cent of the 10 per cent deposit home loans on offer before lockdown axed. Figures calculated for This is Money show that banks and building societies have already pulled more low deposit mortgage deals in the past four months than in the … Read more Mortgage crunch as banks axe 90% of 10% deals in lockdown

Mortgage holidays taken by one in six homeowners during lockdown

One in six homeowners take mortgage holidays as lockdown leaves almost two million unable to keep up with monthly repayments An average of £755 a month has been deferred by borrowers since March Mortgage repayment breaks have been taken by 1.9million homeowners Banks have been required to offer payment breaks since the lockdown began  Here’s … Read more Mortgage holidays taken by one in six homeowners during lockdown

INVESTMENT EXTRA: Scottish Mortgage delivers out of this world return

Back in 1909, Louis Bleriot piloted the first flight across the Channel, making history – and winning a £1,000 prize from this newspaper. That same year, the Straits Mortgage and Trust was set up to finance the Malaysian rubber industry. Today that investment trust, now known as Scottish Mortgage, is the world’s biggest and one … Read more INVESTMENT EXTRA: Scottish Mortgage delivers out of this world return