The weekend papers addressed a range of mortgage topics but coverage was less dense than in recent weeks. The Guardian looked at the high street banks who offer up to 95 per cent loan-to-value, as well as the Bank of Ireland mortgage’s 1st Start deal; a joint mortgage using the income of a pa ... more...
Nationwide has defied recent trends by cutting some of its fixed-rate mortgages. The Daily Mail and Daily Express both reported that the lender had cut the cost of a five-year fixed-rate loan for those with a 25pc deposit to 5.85pc, down from 6.15pc. A similar two-year deal is offered at 5.95 ... more...
The midweek mortgage-related press was much quieter than usual, with only a scattering of articles across national papers.
The Financial Times reported that a number of buy-to-let lenders had scaled back their exposure to risk, as they cut maximum loan amounts and withdrew some comp ... more...