In the News - Mortgage deals
Mortgage market sparked into life by recent offers
The availability of good mortgage deals looks set to increase after both Northern Rock and then the Woolwich, owned by Barclays, have recently announced offers. Northern Rock on Monday announced a two-year fixed rate at 5.89% for customers with a deposit of at least 25%. This was followed yesterday by the Woolwich offering a new product offering a two-year fixed rate at 5.99% for customers with 60% deposits.
The news comes as figures from the Council of Mortgage Lenders revealed that the number of home loans granted to first-time buyers fell by 8% in June 2008 - to 18,100. This was down 46% compared to June last year.
(Sources: Guardian.co.uk Times Online)
Rate these businesses/organisations:
- Northern Rock (1.85
) - The Woolwich (-.--)
- Barclays Bank (-2.11
)
Post to: Digg | Del.icio.us | Stumbleupon | Reddit | Facebook | Newsvine
13-Aug-2008 10:39:01
Sign up to Plebble's RSS feed here to keep up to date on all the latest stories.
