Interest-only home loans' future takes double blow

NatWest and RBS are the latest high street names to withdraw from market

Mortgages loans rise 5 per cent in October

Mortgage loans hit their highest level since January last month as approvals for house purchases rose 5 per cent to 52,982.

The Funding for Lending scheme has helped building societies to focus on the first-time buyer market

Bank's funding scheme boosts mortgage market at last

The Bank of England's Funding for Lending scheme is finally breathing life into a largely moribund mortgage market after a 14 per cent jump in home loans in October, the Council of Mortgage Lenders said yesterday.

Buyers are still locked out of their first home purchase

Schemes to encourage first-timers are there but many are waiting until things improve. By Chiara Cavaglieri
Many pensioners face the prospect of having to sell their home to pay off the mortgage

Mortgage approvals up following launch of Funding for Lending Scheme

There was tentative evidence that a multibillion-pound scheme designed to unclog the flow of credit to Britain's homebuyers was starting to have an impact today as official figures showed a spike in mortgage approvals.

Tighter lending rules are intended to make sure borrowers can take out only deals they can afford

New mortgage clampdown is five years in the making, but is it too late?

The watchdog's rules will make it harder to borrow but the damage may be done.

The average 5-year fixed mortgage has gone down from 5.41% to 4.55% since 2010

New mortgage rules will affect 9m UK households with an existing mortgage

Toughened mortgage lending rules to make sure borrowers can only take out deals they can afford and prevent any return to irresponsible lending have been outlined by the financial services regulator.

Many pensioners face the prospect of having to sell their home to pay off the mortgage

Repay before you're 75: Tough new mortgage rules to hit older housebuyers

New rules on mortgage lending that could prove problematic for those trying to get on the property ladder are due to be announced tomorrow.

Competition in the mortgage market increased further today as Tesco Bank slashed its rates and launched a deal at below 2%.

The cheapest mortgage in Britain: Tesco launches 1.99% mortgage - but you need a hefty 40% deposit

Tesco will today launch Britain’s cheapest mortgage, slashing its rates to as low as 1.99 per cent and effectively starting a price war in the mortgage market.

The average 5-year fixed mortgage has gone down from 5.41% to 4.55% since 2010

Mortgage lending drops after two-year high

Mortgage lending was “disappointingly lacklustre” in September, sliding by 10% compared with the previous month when borrowing for home buyers reached a two-year high, lenders said today.

Escape routes for pensioners caught in a mortgage trap

Many baby boomers aged over 65 with interest-only loans face losing their homes, reports Sarah Davidson

Spotlight On: HSBC fixed-rate mortgages

The deal

Cheaper mortgages will only help the rich or those who are long term homeowners

Britons cut mortgage debt by £9.8bn

Britons reduced their mortgage debt by £9.8 billion in the second quarter of this year as the housing market remained subdued, Bank of England figures showed today.

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