It’s looking likely that millions of UK homebuyers are about to benefit from long-overdue improvements to the home buying and selling process, the government has announced over the last couple of days! With a new initiative to slash delays and reduce the number of...
The UK housing market kicked off 2025 on a high, with house prices increasing by 0.7% in January 2025, following a slight -0.2% dip in December, according to the latest Halifax House Price Index. The report reveals that the average property price now stands at a...
First-time buyers looking to get onto the property ladder with a minimal deposit have received a major boost, as Accord Mortgages has expanded its £5K Deposit Mortgage proposition to include flats. This enhancement makes it even easier for buyers to secure a home with...
The UK finds itself in a very strange situation currently. High inflation levels has meant that the Bank of England has now (at the time of writing this article) raised the base rate for the 13th time in a row. This has had a knock-on effect on the UK economy and most...
One of the trickiest things to do in the UK mortgage world is to get a UK mortgage if you don't live in the UK currently. So for example, if you own a buy to let in London and need to remortgage but live in Australia, this can be a difficult mortgage to arrange on...
Yesterday the Office of National Statistics (ONS) announced that despite the Bank of England base rate rises over the last few months, inflation had failed to decrease from the last time that data was collected. UK inflation currently remains at 8.7%, much higher than...
Rates are rising rapidly, and lenders are being forced to re-structure their deals as inflation remains high in the UK. It is important to be tactical with mortgages now more than ever, and it is important to secure the best possible rate as soon as possible. Our...
Being a contractor can be a great way of earning more money for your skills and expertise. Whether you choose to be a self employed contractor paying your own tax and national insurance or an employed one, being a contractor can allow flexibility with your work and...
Mortgage lenders TSB and Skipton Building Society have send messages to brokers this morning to inform them that they will be re-introducing products to the mortgage market. These new products are higher in interest rates than they previously were and follow suit with...
Traditionally, people purchasing, remortgaging or doing a product transfer on a residential property are advised by brokers and banks to take a fixed term mortgage. A fixed term mortgage means that your mortgage product and rate are fixed in place for a number of...
Financial information company Moneyfacts have reported that the average 2-year fixed mortgage rate now stands at over 6% meaning that borrowers looking to get a 2-year fixed rate loan or are coming off their current fixed deal and are hoping to get a new low rate, are...
Please note that this is an opinion piece and is purely hypothetical, exploring what could happen. Not what will necessarily happen. This week, several economists suggested that we could see a 6% base rate from the Bank of England within the next 12 months. Despite...
There have been some recent changes to Barclays mortgage policy announced today, that everyone needs to be aware of. Barclays, like many other lenders of late, have been making major changes to their mortgage affordability and their interest rates. Unfortunately for...
In a message to brokers this morning, Skipton Building Society have announced that they will be removing their 60% loan to value (60% mortgage) residential base rate tracker products from their lending offerings. They have also announced a complete refresh of their...
It is no secret that being a first time buyer and achieving home ownership in the UK is more difficult than it once was. In the past property prices were cheaper, mortgage lenders were more generous with their affordability checks, and 100% mortgages were commonplace...
If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.
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