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Lenders Archive
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What the papers say – 14th and 15th January 2012
Despite an uncertain outlook for the mortgage market and a recent increase in rates by lenders including ING, experts in this weekend’s financial press suggested that there are still competitively priced deals to be found. The Times warned however that borrowers should watch out for extra costs attached to ‘best-buy’ rates, as many lenders have [...] -
The Majority of First Time Buyers Seek Help from Mum & Dad
It will come as no surprise to many that first time buyers have been having a hard time of things recently and figures from The Council of Mortgage Lenders do little to change that view. It has published research of the first time buyer market that helps shed light on just how big an impact [...] -
Standard Variable Rates are just that…variable!
Two lenders in the Lloyds Banking Group stable are increasing the standard variable rate (SVR) charged to its mortgage borrowers. From tomorrow the Bank of Scotland and The Mortgage Business will increase the SVR charged to existing mortgage borrowers from 4.84% to 4.95%. Bank of Scotland and TMB no longer lend so it is those [...]