REMORTGAGING HOMEOWNERS URGED TO SEEK ADVICE AMID 'FRAGILE' MARKET Borrowers reaching the end of their fixed rate deals are being urged by a top industry body to speak to a whole-of-market broker to get advice as the mortgage market remains ‘fragile’. The advice comes from UK Finance as it [...]
BEST REMORTGAGE DEALS FROM 4.08% FOR JUNE 2023 - IDEAL HOME If you're shopping around for a remortgage deal, some rates are dropping which is good news for homeowners looking to switc When it comes to remortgage deals, rates are still fluctuating. So before you lock into your next [...]
MORTGAGE DEALS DISAPPEARING - WHAT'S BEHIND IT? - TIMES MONEY MENTOR Nearly 800 mortgage deals have been withdrawn by lenders after higher-than-expected inflation figures raised forecasts of how much UK interest rates will go up. The Bank of England increased the base interest rate for the twelfth consecutive time [...]
CAN YOU SAVE MONEY WITH A 'GREEN' MORTGAGE - WHICH? New 0% deal for green home improvements but bigger green home loans can be pricey. Green mortgages are a rapidly evolving concept designed to reward borrowers living in energy-efficient homes - but the deals aren't always appealing. As a [...]
NEW CREDIT SCORING TO HELP FIRST-TIME BUYERS GET A MORTGAGE - ZOOPLA Leeds Building Society has teamed up with Experian to incorporate regular direct debit payments into credit scores for first-time buyers. Key takeaways Leeds Build Society will enable first-time buyers to use a wider range of payments as [...]
WHAT IS A 100% MORTGAGE AND CAN I GET ONE? - TIMES MONEY MENTOR If you’re a first-time buyer in the UK you may want to know if you can get a 100% mortgage. We explain who is eligible and how they work after lender Skipton launched a no-deposit [...]
UK MORTGAGES: TIME TO SWITCH AND FIX TO SAVE UP TO £400 A MONTH - THE GUARDIAN Average SVR at highest level for more than 15 years as number of home loan products available jump The average standard variable rate (SVR) for mortgages has climbed to its highest level [...]
FIVE THINGS TO DO NOW IF YOUR FIXED-RATE MORTGAGE IS ENDING SOON - TIMES MONEY MENTOR More than one million UK households will see mortgage deals end this year, meaning a possible jump in their monthly repayments. Here’s what to do if your fixed-rate deal is ending soon. Interest [...]
WILL MY MORTGAGE REPAYMENTS GO UP WITH RISING INTEREST RATES? - TIMES MONEY MENTOR Will my mortgage repayments go up in price following the latest UK interest rate rise? If so, how much by and when will I notice a difference? Is it too late to do anything about [...]
BORROWERS BREATHE SIGH OF RELIEF AS FIXED MORTGAGE RATES FALL AND CHOICE HITS 15-MONTH HIGH - YOUR MORTGAGE Average mortgage rates fell in May as product choice reached a 15-month high, indicating a return to a steady market, data from a financial information company has revealed. The Moneyfacts UK [...]
