The Loughborough Building Society has launched a variable discounted mortgage this week that offers customers a low 3.39 per cent interest rate over three years – that’s a 1.6 per cent discount on normal rates.
Manchester City Council announced a scheme this week aimed at helping first-time buyers get on the property ladder, with new affordable properties in the city and so-called “Manchester mortgages.”
Mortgage lender Halifax revealed today that there was an average 0.6 per cent increase in property prices last month – a neat reversal of the 1 per cent price drop recorded in December 2011.
Leading mortgage lender Halifax revealed this week that the cost of monthly mortgage repayments is on average over £100 cheaper than renting an equivalent property in England and Wales.
The Council of Mortgage Lenders (CML) revealed today that last month UK mortgage lending rose year-on-year for the fifth successive month in a row, although it is still urging caution with regard to Britain’s property market throughout 2012.
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