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    • Million pound mortgages reach five year high
    The number of homes sold at ?1 million and above has tripled over the last five years. ?1 million pound plus mortgages in England and Wales have increased from 2,249 in June 2002 to 6,170 in June of this year, with London accounting for the highest proportion of sales at 58%. Halifax ...

    HSBC reduces fee-free lifetime tracker mortgage rate
    Those seeking a lifetime tracker mortgage should look to the HSBC as it has lowered the interest rate on its fee-free mortgage from 6.45% to 6.44%. Available at up to 90% loan to value, the lifetime tracker follows the Bank of England's base rate at 0.69% above. The new mortgage has been ...

    Mortgage holders seek DIY improvements
    The growing fascination with DIY looks set to grow as ever increasing numbers of mortgage holders make improvements to make their homes more valuable. Halifax figures show that nearly 25% of homeowners who carried out DIY in the last year do so in the hope that it would help increase the ...

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    • Daily Interest Mortgage

    A Daily Interest Mortgage can make perfect sense if you want to keep it simple

    A daily interest mortgage is a mortgage where the interest is applied on a daily basis instead of the usual monthly time frame; therefore you pay less in interest payments.

    With a Daily Interest Mortgage, every mortgage payment made reduces your balance the very next day. Your interest is calculated on this new amount for the rest of the month - which means you pay less in the long run.

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