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Leeds Building Society has reduced the rate on its popular first time buyer mortgage by up to 0.5% in a move it says will help more onto the property ladder.
UK lender, the Nationwide Building Society, is celebrating the second anniversary of its Save to Buy scheme which it says is helping tens of thousands of aspiring home buyers move a step closer to buying a property of their own.
The Halifax, one of the UK’s leading lender has reduced the rates across its NewBuy, Shared Equity and Shared Ownership mortgages in a move which it says further strengthens its support of the affordable housing sector.
Castel Global has launched a specialist fund to invest in UK residential properties that will be leased into the supported accommodation sector through a charity.
Coventry Building Society has refreshed it's range of buy to let mortgages which includes a legal and valuation package for remortgages, as well as reducing rates on it's popular Flexx for term products by up to 0.24%.
The number of mortgages offered to home buyers increased in July but numbers were still less than the monthly average for the previous six months, figures from the Bank of England show.
A number of UK lenders have cut their mortgage rates for certain products and are also pledging to help struggling first time buyers get on the property ladder.
A fee free mortgage boost for first time buyers and home owners looking to remortgage or switch to Clydesdale and Yorkshire Banks has been extended until Tuesday 31st July 2012.
Short term loan lender, Tiuta, has today (11 June 2012) announced the launch of a new product range after it secured a new funding line from a Central London investment fund.
Finance Update
