Research from price comparison website USwitch.com has revealed that two million UK homeowners are considering mortgage payment holidays.
Despite the government’s promise to defer interest payments on mortgages for up to two years, some borrowers, who have struggled to remortgage, are being forced to take action now.
The research suggests that mortgage payment holidays on this scale [...]

Borrowers struggling to find a good mortgage or remortgage deal may be pleased to know that Nationwide has reintroduced 95% LTV mortgages to its products on offer.
Since the credit crunch, borrowing more than 60% of the value of a property has been difficult.
The deal, however, comes with a 7.18% interest rate for two years, making it more [...]

According to new research from Durham University, homeowners who remortgaged when house prices were healthy used the cash for necessitites.
Rather than blowing the money, families spent it on things they desperately needed.
Professor Susan Smith of Durham University said that the credit crunch will affect families on a similar income, who will now be unable to find [...]

Lender Alliance and Leicester has made changes to three of its two year fixed rate mortgage deals.
It has reduced its 5.49% rate with an arrangement fee of £599 to 4.94%, and the 5.59% deal has been reduced to 4.99%.
On top of these changes , the two year fixed rate fee saver, which provides remortgage customers [...]

The Bank of England Monetary Policy Committee may decide to cut the base rate further this week.
Since the previous cut, banks have been urge to lower their interest rates, but so far, lenders have only reduced their Standard Variable Rates (SVRs).
Many lenders do not accept applications for new loans at SVR.
A previous cut may affect [...]

New Bank of England figures reveal that mortgage approvals have decreased by 74% since October 2007.
Mortgage lending was down to %0.5 billion, much lower than the previous six-month averages of £2.7 billion.
Remortgaging rose in October to 72,000, 1,000 remortgage deals above September’s figures.

Premier Mortgage service has announced that it is joining forces with Hinckley and Rugby Building Society to offer a new two-year fixed rate deal.
The deal includes a rate of 4.39% for two years, whilst the maximum loan is £500,000 with a LTV of 65%.
For remortgage customers, the product is available with free valuation and legal [...]

Today RBS Intermediary Partners revealed a range of mortgages with reduced rates.
Their First Active 2 year fixed rate online only deal, with a maximum loan-to-value of 60%, will be reduced to 4.99%, down from 5.75%. The deal comes with £999 arrangement fees.
Additionally, all First Active residential remortgage deals will come with no basic legal or [...]

In a bid to attract mortgage and remortgage customers, The Coventry has repriced a selection of its fixed rate Godiva mortgages.
The Coventry is offering its best rates on ten-year and three-year fee-free offset mortgages, both available with 65% loan-to-value.
Colin Franklin, head of sales at the Coventry and managing director of Godiva Mortgages said:
“I’m sure that [...]

There are many situations in which it might be a good idea to change your current deal and find a better mortgage rate. Perhaps you have accrued more expenses in your day-to-day life; a new baby is on the way, or rising fuel prices are simply making life far more costly? Or, maybe you have [...]