House buyers and shoppers dampen hopes of rate cut
The prospects of a pre-Christmas cut in interest rates receded sharply yesterday amid evidence of a pick-up in demand for mortgages and the willingness of bargain-hungry ...
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Going for brokers
Some things in life you only learn through experience, and taking your first mortgage is a prime example of this. Making a mistake here can be costly and stressful, which...
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Q&A: What the base rate cut means for you
What does this mean for savers?
The full picture of how today's decision will impact on individual savers will only become clear in the next few days as savings provider...
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Switching frenzy as rates drop
A summer mortgage rate bonanza has brought about a switching frenzy among applicants - but beware of extra charges that could spoil attempts to grab a bargain.
With lend...
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Endowment claims hit record
The number of people seeking compensation for mortgage endowment shortfalls soared by more than a third last year to reach record levels.
The Financial Ombudsman Servic...
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Tracking down the best rate
Homeowners are hoping to cash in on the prospect of falling interest rates by switching to tracker mortgages - loans that mirror movements in the base rate. Broker Mortga...
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Abbey fined over endowments
Abbey National is urgently contacting 50,000 mortgage endowment customers who were refused compensation after the bank was fined £800,000 by the Financial Services A...
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Q&A: equity loan scheme
Later this week the chancellor, Gordon Brown, will confirm plans to allow first-time buyers to borrow funds to supplement a mortgage, enabling them to buy previously unaf...
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Deal that's no longer a quick fix
There's a nasty shock awaiting householders who took advantage of super-low fixed rate mortgages in 2003. The deals are coming to an end, and monthly mortgage payments ar...
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Mortgage lenders who innovate and find new ways to do things get our backing.
The vast majority of lenders use centralised systems to make decisions about who they shoul...
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