TSB have announced some surprisingly huge new increases to their interest rates this morning. As brokers, we did expect that we would see TSB rates increasing, however these new products seem to be much higher than most other lenders. The question on everyone's lips...

Coventry Building Society have announced a return to the market with some new higher rates, after withdrawing almost all of their existing residential products last week. For reasons that will no doubt become clearer in the next few weeks when the Bank of England's...

A recent study in to the impact of mortgage rate rises since the end of 2022 suggests that the borrowers of average 2-Year Fixed Mortgages are £35 a month or £420 a year worse off, with many paying even more than that on their mortgage deals. How long can this payment...

Recent data released by the Bank of England has revealed that mortgage approval has dropped and continues to drop as well as the number of new mortgage borrowing. The main reason for this? The economic crisis. A significant downturn in the UK economy, combined with...

Nationwide building society announced on the 15th of May 2023 that they would soon be introducing a new green 0% mortgage product for additional borrowing on properties. What does this mean exactly? Well it doesn't mean that you won't have to pay anything at all on...

Product refreshers, product withdrawals, product increases, whatever you want to call it. Something is stirring in the mortgage market this week, and many lenders are making changes to mortgage products that will mean that rates are going up. In the first couple of...

Mortgage lender Bank of Ireland, normally known for their exclusive low bespoke rate products have announced that we will soon see buy to let rates increasing across their product offerings. A shock certainly to see this from Bank of Ireland but an understandable...

Several UK mortgage lenders have started enhancing their interest only criteria with some great new positive changes, making life much easier for borrowers and brokers alike. When getting a new mortgage, it has traditionally been a default setting (so to speak) to...

The Office of National Statistics have sensationally announced that UK inflation has dropped to 8.7%, the first time it has been below double figures in almost a year. So what does this mean for definite? What could it mean for the future? And what does this mean for...

Here is a brief breakdown of the average mortgage rates UK banks are currently offering in the final week of May 2023. The last few weeks have seen a bit of turbulence when it comes to mortgage interest rates. The raising of the Bank of England's base rate on the 11th...

A newly announced government initiative could see lenders providing mortgage rate reductions for energy efficient homes or homeowners who are willing to make improvements to their existing properties, making them more energy efficient. With the average mortgage rate...

It isn’t just about rates. When looking at mortgages it is important to consider all mortgage fees, other associated fees, incentives and the small print. This is what we do for our clients, and this is what sets our advice and guidance apart from the rest. In this...