Mortgages News

CAUTION: Louise CummingLONGER-term mortgages are undergoing a revival with a rush of lenders offering tempting 10-year fixed-rate deals. Halifax is the latest lender to join the queue, slashing its 10-year rate by 0.2 per cent to 4.99 per cent. But the best deals currently on offer are from the Norwich and Peterborough Building Society and Yorkshire Building Society offering 4.68 and 4.69 per cent respectively. "Ten-year fixed-rate products are undergoing a revival," said Louise Cuming, ...

OLDER savers have been hit by a double whammy with the withdrawal of two of the best-paying accounts. Portman Building Society has axed its 50 plus savings account which paid five per cent, while Stroud & Swindon BS has shut its instant access Diamond Account which paid 4.85 per cent. "It does make you wonder if this is the start of things to come and that over 50s accounts will disappear al ...

Jeff Prestridge, Mail on Sunday5 February 2006 FOOTBALL, guest speakers and donations to charities - these are all weapons being used by the nation's building societies to tempt their millions of members into having their say on a range of important issues. More than 15 million members will be given the opportunity over the next 11 months to air their views about the mutuals that look after their savings or mortgages. They will be asked to approve bosses' pay, reappoint non-executive directors,  ...