interest rate

Advantage, the specialist lending subsidiary of Morgan Stanley, has today announced a series of changes across its mortgage range.

Growth in net lending secured on property has fallen in August compared with July and is also down on the previous six-month average, according to the Bank of England.

Nationwide has today announced a number of changes to its fixed rate and tracker mortgages.

Mortgages Plc has announced it will be withdrawing all adverse buy-to-let products as well as changing maximum loan amounts for some of its riskier products.

House price growth remained steady at around 11% per year in August, according to Assetz composite house price index.

Residential landlords have protected themselves from the higher cost of borrowing - triggered by rising interest rates - by reducing the gearing of their portfolios, according to buy-to-let lender Paragon.

Platform, the intermediary lending arm of Britannia Building Society, has reduced rates across its prime, self-cert, buy-to-let and self-cert buy-to-let product ranges.

Sesame says advisers should look to supplement their business volumes by selling hard on payment protection products as mortgage volumes are likely to fall in the current economic crisis.

Mortgage Box and Personal Touch have today announced they will join forces with Mortgage Express to launch an exclusive buy-to-let deal.

Mortgages plc has suspended its entire heavy and unlimited adverse product range, as well as tightening other lending criteria it was announced today.