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Market monitor - 20 April 2017
So what's happening in the press that you need to know about? With the major news this week that the UK will have another General Election on 8th June 2017 means the focus from editors will be on this, however, we'll find the best news to keep you informed.
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Why aren’t second charge mortgages being taken up by consumers?
At Hayes Finance we’ve seen a sizeable percentage jump in our customers taking second charge loans, rather than remortgaging.
However, this increase is not being replicated across industry. Why is that? Why are we concerned if our competitors are not guiding customers appropriately? That’s because… -
Is a mortgage war on the cards? Good news for UK consumers? (1)
At the beginning of March 2017, Yorkshire Building Society launched a 0.99% two-year mortgage. This is following the trend from Santander who launched their own .99% fixed rate in February 2017. Referring to the Yorkshire Building Society offering, it is available for new mortgage applications and …
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Is a mortgage war on the cards? Good news for UK consumers?
At the beginning of March 2017, Yorkshire Building Society launched a 0.99% two-year mortgage. This is following the trend from Santander who launched their own .99% fixed rate in February 2017. Referring to the Yorkshire Building Society offering, it is available for new mortgage applications and …
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Market Monitor - some latest articles
Missed the news? Here's some of the latest industry column inches and opinion pieces. Please click on each link to view:
An opinion piece by Mortgage Strategy on the impact of second charge mortgages
Remortgage activity is surging ahead. There is confidence despite back drop of Brexit mortgage …