N&P have reduced SVR by 0.15% to 4.85%.

Scottish Building Society:
Have reduced their SVR by 0.20% to 5.04%
Have introduced a new 5 year fixed rate

Astra:
Minimum floor rates increased from 1% to 3% on all discount products
Introducted a new SVR product with redemption penalties and a reservation fee
Reduced SVR by 0.15% to 4.85%

Abbey:
SVR reduced by 0.45% to 4.24%
All product end dates and completion deadlines rolled over by one month
75% 5 year fixed purchase product reduced by 0.10% and a fee of £299 introduced

Cheshire Mortgage Corporation has made various criteria changes which include the following:
Income Calculation & Criteria revised
Minimum employment period revised
Board and Lodgings – no longer accepted
Property Types revised
Income Proof revised
Maximum Age revised
New Proof of Residency Requirements
Explanations required for all arrears, CCJs and defaults
Address history requirements revised
Valuation requirements revised

Northern Rock::
Selected 2 Year Fixed rates reduced by 0.10%
2 Year fixed rate exclusive with £1,995 fee reduced by 0.10%
L&G exclusive 3 year 65% LTV product reduced by 0.10%

Alliance and Leicester:
Launched a new 5 year fixed rate at 5.79%

Marsden:
Fixed and tracker rates have increased by average of 0.10%
End dates changed on most products

National Counties Building Society:
Will no longer lend on an interest only basis without a suitable repayment vehicle

Woolwich:
Launched new Homebuyers Direct products. These are shared ownership/shared equity government schemes that have a max LTV of 70% but where the customer can borrow 90% of their share. Products are available through intermediaries.

For advice on these and other mortgages, click here

Manchester Building Society have reduced their SVR by 0.25% to 4.84%.

Abbey (Intermediary):
Fees reduced on 2 year 75% LTV trackers.
New First Time Buyer 4 year fixed rate at 85% LTV launched.

Skipton:
85% LTV products withdrawn. Maximum lending will now be to 75% LTV.
Reduced SVR by 0.5% to 3.5%.

Bank of Scotland and Halifax have now capped the maximum loans on all fast track products to £500,000.

RBSIP First Active and RBSIP Royal Bank of Scotland:
Have reduced 2 year fixed rates at 75% LTV by 0.10%.
New 2 year fixed rates at 80% LTV launched.

Alliance and Leicester (Intermediary):
New 5 year fixed rate at 5.99% at 85% LTV launched for Purchases only.

First National have withdrawn all products.

Monmouthshire Building Society has reduced SVR to 4.99%.

Dunfermline Building Society reduces SVR by 0.30% to 5.19%.

Halifax Further Advance/Product Transfer ranges:
4 year trackers replaced by 5 year trackers. Rates remain unchanged.
New 4 year fixed rate products launched.

On Monday 23rd March we are making further improvements to our mortgage range. We are introducing brand new 4 year Fixed products:

We are also reducing the rate by up to 0.20% on most of our 2 year Fixed products: