Santander’s mortgage market share falls 5.5%

If you read the artical what NOT is being said is that this lender has also been very strick on income

Santander UK, the second-largest mortgage lender in the UK, today revealed that its share of the mortgage market has contracted from 16.3% in 2011 to 10.8% this year, its quarterly management statement has revealed.

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Tesco offers 1.99% fix; poised to lend £1bn at "affordable" rate

Just launched mortgage lender Tesco Bank is offering its lowest ever deal with a two-year fixed rate at 1.99% for 60% Loan to Value borrowers.

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CML hits back at BBC investigation into ‘large mortgage fees’

The Council of Mortgage Lenders (CML) responded today ahead of tonight’s BBC Watchdog programme looking at lenders “squeezing” homebuyers with “large mortgage arrangement fees.”

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What is NOT being said is the fact that BANK FEES have climb exponentially over the last 5-7 years. I know that this is common practice and no lender is doing anything different so, the consumer is left with 2 choices 1) pay the fee or 2) don't take the mortgage and not move.  Not much of a choice 

Virgin Money linked to RBS branch sale deal

Virgin Money has made "informal" contact with Royal Bank of Scotland (RBS) over the sale of 316 of its branches, after the original deal with Santander collapsed.

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Tesco Bank expands mortgage range

Tesco Bank has expanded its mortgage range introducing 60% LTV fixed rate mortgages for two and five years. It's a good interest rate but the fee is eye watering.

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Nationwide first big lender to kill off interest-only

Brokers have received a Nationwide update alerting them that the lender will no longer offer interest-only mortgages to new or additional borrowers.

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Eyes turn to November action as BoE holds rates again

The Bank of England has held interest rates at 0.5% for the 42nd consecutive month.

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