With economic uncertainty remaining in 2010 Leeds Building Society has declared that five-year fixed-rate mortgages may offer consumers many benefits. The inevitable austerity measures will lead many homeowners

Savings levels have dropped in Britain as Brits rush to pay off their debts, according to research by unbiased.co.uk. The latest figures show that the amount of savings in Britain has declined quickly

Godiva Mortgages has underlined its recent entry into the residential mortgage market by launching new residential and buy-to-let mortgage rates. The new products, which will also be available for intermediaries,

Yorkshire Building Society has again reduced its first-time buyer mortgage rates to a very competitive 5.59 per cent. The two-year fixed-rate mortgage is available to first-time buyers who are able to

Lloyds TSB has launched a new market leading fixed rate mortgage for borrowers putting down a 30 per cent deposit. The new mortgage rate is available, at 2.94 per cent for up to 70 per cent loan to value

Santander has announced it plans to launch a new issue of its tracker bond and loyalty tracker bond. From September 2nd the company's tracker bond will be paying the best savings rate of 3.00 per cent

Santander has announced a further reduction on its selection of mortgage rates to suit the needs of its customers. Some fixed-rate and tracker mortgages will now be up to 0.24 per cent cheaper. The company

Nationwide Building Society has launched a new six-year protected equity bond, designed to return a customer's original investment. The bond also promises a return linked to the performance of three

Consumers living in Scotland are currently benefiting from lower mortgage repayments than in other areas of the UK, it has been claimed. According to David Marshall, business analyst for ESPC, the average

The Nottingham has launched a new fixed-rate bond offering a savings interest rate of 3.75 per cent. A limited issue bond, the product has a fixed end date of September 2nd 2012. It is to be managed remotely

A new report has warned people to be wary of high savings interest rates in the current low base rate environment. Consumer magazine Which? says that banks offering deals paying between five to eight per

The average fixed-rate charged for lifetime mortgages has increased, when compared to their closest product in the residential mortgage market, it has been claimed. According to David Black, banking specialist

Norwich and Peterborough N&P Building Society has introduced a new 'best buy' three-year mortgage product at 75 per cent loan-to-value LTV. The lender is offering the product to customers

The additional certainty offered by fixed-rate mortgage deals can help households prepare and adhere to a budget, it has been claimed. Paula John, editor at Your Mortgage, said that while such deals have

The housing market will slow in the second half of 2010, according to Savills. Jacqui Daly, director of research at the property firm, said the mortgage market remains the slowest part of the housing market. However,

There is a danger that mortgage borrowers could consider the current low base rate to be the norm, it has been claimed. Interest rates have been kept on hold at 0.5 per cent since March 2009, but cannot

Consumers are better off raiding their savings than taking out high interest loans in the current environment, according to one financial advice website. A spokesperson for Candidmoney,com said many UK

Legal & General has launched a new six-year deposit bond, the third plan in its series. The bond, which offers savers the potential for capital growth linked to the performance of the FTSE 100 Index,

A double-dip recession looks increasingly unlikely, according to the senior economic advisor to the Ernst & Young ITEM Club. Andrew Goodwin said that although the economy may not achieve the 1.2 per

High street lender Northern Rock is to cut its application fee to customers looking to buy a new property. The mortgage application fee for purchase customers comes down from £250 to £99, in

Nationwide has cut its remortgage rates by as much as 0.20 per cent on selected products today Friday August 20th. The firm hopes the rate reductions will improve the competitiveness of its products. Reductions

Motoring specialist and finance firm the AA has launched a new internet access savings account. The firm claims that the online version of its best-buy Instant Access ISA was created as a result of popular

Skipton Building Society has reduced the savings interest rates on a number of accounts after a range refresh to bring them in line with what it called "current market conditions". Rates on four

HSBC has announced it will be extending the two week offer period for its low rate, low fee, lifetime tracker mortgage to allow more people to apply for it. The lifetime tracker mortgage, which is currently

Coventry Intermediaries has launched a wide range of first-time buyer and residential mortgages through Godiva Mortgages Ltd and Coventry Building Society. The new mortgages "have something for everyone"

Sesame Bankhall has distributed 13 per cent of all UK mortgages, confirming its position as the top intermediary distributor in the UK. The group issued combined results of over £12.7 billion of

Charities are unhappy with the savings account rate offered by their current provider, according to a poll. The Fair Investment Company's research involved 82 charities being asked if they were satisfied

Intermediary residential and buy-to-let mortgage lender Aldermore has extended its range of mortgages. The company's new products now include new two-year fixes that are available up to 80 per cent

House asking prices in England and Wales dropped by 1.7 per cent in August, people looking at cheap mortgage may be interested to know. Figures from property website Rightmove highlighted that prices fell

Those looking for a cheap mortgage will be interested to hear that the Post Office has cut the rates across its fixed-rate, tracker and buy-to-let mortgages. The fixed rates have been slashed across all

Fewer lenders are offering buyers interest-only mortgage deals, with Coventry Building Society being the latest to withdraw its offering from the market. It is estimated that over a million buyers signed

Fixed-rate borrowers are currently more attractive to borrowers than they have been in recent months, it has been claimed. According to Ray Boulger, senior technical manager at John Charcol, this is because

Ten million mortgage customers could see their finances hit if interest rates move back up to 2008 levels, it has been claimed. Research by PricewaterhouseCoopers PwC found that if rates rise to the

A growing number of customers are looking at acquiring fixed-rate mortgages, with 48 per cent of borrowers in June taking out one of these deals, those looking for cheap mortgages may be interested to

In addition to cheap savings interest rates, Halifax has announced that its current account customers are to benefit from up to £120 a year in cash rewards. Those who put £1,000 or more into

HSBC has announced that it will be increasing the number of branches that open on Saturdays, which could be another factor to consider alongside the best savings interest rates when choosing where to open

Borrowers searching for a mortgage should look beyond the initial rate, according to the Council of Mortgage lenders CML. Sue Anderson, head of member and external relations at the CML, said that people

The Co-operative Bank and Britannia have seen a 31 per cent rise in like-for-like mortgage applications over the first half of 2010. Data from the bank highlights that there has also been a 13 per cent

Gross mortgage lending by mutual lenders rose last month, the Buildings Societies Association BSA has revealed. Lending stood at £1,508 million in May 2010, up eight per cent on the 1,399 million

Nationwide Building Society has introduced a new four-year fixed-rate bond, offering another option for UK savers. From today Wednesday June 30th, the lender is offering an interest saving rate of 4.15

Santander has launched a new range of fixed-rate bonds, news which may interest consumers looking for the best savings interest rates. The high street bank will pay up to 3.75 per cent interest on consumers'

A new study has found that access restrictions are in place on 38 per cent of savings accounts. The research, conducted by Defaqto, indicates that some consumers may be prevented from accessing many of

A home building firm has teamed up with Legal & General to offer the UK's first company Isa account. Barratt is enabling its staff to access ten different investment funds in a tax-free Isa wrapper. Employees

The low Bank of England base rate has been "a saving grace" for many households over the last year-and-a-half, it has been claimed. According to Paula John, editor of yourmortgage.co.uk, the

Platform has announced the launch of a new seven-year fixed-rate mortgage deal. The Co-operative Bank's dedicated intermediary mortgage lender is offering the product with free valuation, and free standard

Home repossessions are at a two-year low, according to new figures from the Financial Services Authority FSA. In the three months up to the end of March 2010, 10,500 homeowners had their properties repossessed,

Leeds Building Society has launched a new shared ownership mortgage product designed to help first-time buyers onto the housing ladder. The product offers a fixed-rate for shared ownership of 6.99 per

People have been made to sit up and take notice of their finances, as a result of the economic downturn, it has been claimed. Phil Perry, director of ARK Financial Planning, said more people are looking

Norwich and Peterborough N&P Building Society has increased the maximum loan-to-value LTV it offers, potentially boosting the hopes of first-time buyers. The society has increased its LTV on a

Coventry has launched a new range of fixed-rate mortgage products, including cheaper mortgage rates. Customers taking out a three-year fix at up to 70 per cent loan-to-value LTV can now pay 4.2 per cent,