Mortgage Blog

[...] Skipton Building Society hikes its mortgage SVR by over 1 percentage point, affecting thousands. When you're [...]

[...] Today, Skipton Building Society (89 branches, 830,000 members, the UK's fourth largest) takes over Chesham Building [...]

[...] Wales' principal building society approaching its anniversary relatively free of struggles While many building societies are [...]

[...] has just been approved by both sets of members. If the formalities go ahead, the resulting building society will be the UK's second largest after Nationwide, with combined assets around £ [...]

[...] Today, Skipton Building Society (89 branches, 830,000 members, the UK's fourth largest) takes over Chesham Building [...]

[...] Skipton Building Society hikes its mortgage SVR by over 1 percentage point, affecting thousands. When you're a [...]

[...] of Chesham Building Society Despite the ongoing furore about Skipton's "exceptional circumstances" SVR increase for existing mortgage borrowers, it seems to be trading nicely: [...]

[...] downright frustrating that Skipton Building Society has chosen this month to invoke 'exceptional circumstances' and impose a huge rate increase that will affect over 60,000 mortgage customers. [...]

[...] #2. Here are some specific mortgage lender illustrations: • Intelligent Finance charges mortgage borrowers a lease fee of 0.5 per cent of the outstanding mortgage every six months — a [...]

[...] about Skipton's "exceptional circumstances" SVR increase for existing mortgage borrowers, it seems to be trading nicely: yesterday it announced pre-tax profits had recovered [...]

[...] struggles While many building societies are struggling to balance the demands of savers and mortgage borrowers — with some looking to merge and others simply losing custom to the banks — [...]

[...] , on a residential mortgage you need what's called "consent to let" from your mortgage lender — and they're making it more difficult to let out your existing property in this [...]

[...] has been static for months. You especially don't expect the rate lurch when your mortgage lender offered a guarantee that its SVR would never be more than three points over base. That&# [...]

[...] borrowers, however, are not so well served at high loan-to-value ratios. The number of tracker mortgages with a loan-to-value above 90 per cent grew only slightly, from 43 to 51 in the last twelve [...]

[...] a 2-year fixed rate mortgage of 3.89% with no fees — a best buy option for many. Tracker mortgages start from 2.69% (base + 2.19% for two years, with an admin fee of £999) and can [...]

[...] -buy table appearances on fixed term savings bonds. Now, the bank has started lending on residential mortgages – including buy-to-let. Buy-to-let investors who don't mind chancing [...]

[...] -let mortgages typically have higher interest rates and stricter qualifying criteria than residential mortgages, meaning #3 there is as much an obstruction as #1 or #2. Here are some specific mortgage [...]

Skipton Building Society hikes its mortgage SVR by over 1 percentage point, affecting thousands. When you're a mortgage customer sticking to your [...]