interest rate

The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates on hold at 5%.

Abbey is making interest rate reductions on a number of fixed rate and tracker products from tomorrow.

Leeds Building Society has launched a new range of mortgages, including a two-year fixed rate with no tie-ins.

Average two-year fixed rates have fallen further in recent weeks to an average of 6.39%, according to Moneyfacts.co.uk.

Kensington Mortgages has launched a new range of home loans through All Types of Mortgages (AToM).

Halifax is reducing rates on a number of its mortgage products and has introduced a new 60% LTV tier for borrowers with large amounts of equity in their homes.

Abbey has announced it will launch a range of low fee mortgage deals for borrowers with large deposits.

Woolwich has cut rates on its range of fixed rate mortgages by up to 0.28% due to the continuing fall in swap rates.

Leeds Building Society has re-launched its five-year fixed rate mortgage with lower rates and smaller fees.

Coventry for Intermediaries will be adding new offset and buy-to-let mortgages to its range later this week.