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Yorkshire building society has relaunched 90% mortgages for first-time buyers and cut its interest rates, in a rare piece of good news for those trying to get on to the housing ladder. The lender, which suspended 90% home loans earlier this month after unprecedented demand from buyers, said these deals would only be available when…
As the cost of buying a property continues to exceed the budgets of many homebuyers, the prospect of paying less – but for much, much longer than previous generations – has emerged. Recent research from Santander suggests that almost half of buyers would consider taking out a mortgage for a 40-year term in order to…
First-time buyers and homeowners remortgaging their properties have been given some good news at the start of the year as a number of lenders have cut their rates in an increasingly competitive market. Last week HSBC dropped rates on 31 different mortgages while the market-leading product for a 10-year fixed-rate loan also went down. The…