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General Mortgage News

Locate the news stories that affect you and your mortgage as soon as they happen. The Mortgage News section deals with the more mainstream types of mortgages.

Lender First Direct has claimed that mortgage borrowers could save themselves thousands of pounds by taking out an offset product rather than a savings account. According to First Direct, over the past two years UK offset mortgage borrowers have earned…
A leading financial comparison site is urging potential mortgage borrowers to avoid the pull of low interest rates on products and concentrate on considering the packages that have benefits across the board to avoid paying more than is necessary. Moneysupermarket.com…
Wednesday, 08 June 2011 13:37

Platform cuts mortgage rate by 0.6 per cent

The Co-Op bank's intermediary mortgage lender has cut its main rates by up to 0.6 per cent as part of a plan to ensure more business comes their way. Mainstream two-year and four-year trackers are on offer by Platform at bank…
An estimated 3.5million home owners are being classed as mortgage prisoners who are unable to move or find a cheaper deal. The news relates to one in three homeowners in the UK and the hardest hit are said to be borrowers who…
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