Mortgages

New figures released today by the Council of Mortgage Lenders (CML), which show fixed rate mortgages have fallen to their lowest level of popularity in three years, appear to contradict claims made yesterday by Abbey .

House prices saw their largest monthly fall for over 15 years in March, dropping by 2.5%, according to the Halifax.

Abbey is to make a series of changes to its mortgage range, including the withdrawal of its 100% mortgage it was announced today.

The number of homeowners considering a five-year fixed rate mortgage has doubled over the past month, according to research by Abbey.

Chelsea Building Society's non-conforming mortgage range is to have certain high-risk products removed, it was announced today.

Future Mortgages has announced it is to reduce maximum loan to value (LTV) ratios across its range of prime and sub-prime mortgage products.

Mortgage lenders believe all borrowing should carry a mandatory risk warning regulated by the FSA, according to research by repossession specialists Moore Blatch.

Halifax will raise mortgage borrowing costs for customers with a deposit of less than 25% from next Monday.

Salt, the intermediary arm of Derbyshire Building Society, has withdrawn its entire mortgage range with immediate effect, it announced today.

BuildLoan, the intermediary arm of self-build and renovation specialist BuildStore, now offers its lifetime tracker mortgage through lender The Mortgage Business.