In most cases, you’ll need a salary of around £100,000–£125,000 to secure a £500k mortgage in the UK, depending on your deposit, income structure, and lender affordability rules. Below, we break down realistic salary scenarios, deposit examples and lender calculations...
Is it better to fix for 2 years or 5 years in 2026? This week’s mortgage FAQ answers one of the most common questions we’re hearing from buyers and homeowners right now, should you choose a 2-year fixed rate or a 5-year fixed rate? This is one of the most common UK...
UK Mortgage Market Update – 2 March 2026 The UK mortgage market continues to shift as expectations around interest rates change, mortgage pricing stabilises, and house price data shows renewed momentum. Here’s what happened this week, and what it means if you’re...
The UK is on the brink of experiencing the slowest two-year mortgage growth in a decade, that is according to a recent report by Ernst & Young Item Club. High-interest rates and restrained economic expansion are expected to dampen the enthusiasm of prospective...
Mortgage lender NatWest (one of the big six lenders in the UK) has announced significant cuts to landlord stress rates and reduced buy-to-let and residential mortgage rates, offering new competitive options for new and existing borrowers. In a move that is sure to...
Before their recent shift from a hard to a soft credit footprint before the submission of mortgage applications, Barclays is introducing two significant enhancements to their loan-to-income (LTI) policy. These changes, set to take effect from Thursday the 26th of...
More than a fifth of mortgage payers won't shift to a new lender, and more than a third haven't changed their mortgage in the past five years, according to research from YouGov. Despite a variety of new deals coming to the market and mortgage interest rates dropping,...
Coventry Building Society and Accord Mortgages are set to make significant adjustments to their mortgage products, providing new and existing borrowers with more competitive mortgage product offerings. These changes are scheduled to take effect at the end of October...
When it comes to securing a substantial mortgage loan, choosing the right lender can make a world of difference. In places like London, properties sell for much higher than the rest of the country, which means that large mortgage loans are almost an essential in a lot...
In an exciting development for prospective homeowners and property investors, Santander mortgage cuts have been announced on a selection of residential and buy-to-let mortgage products. These changes, scheduled to go into effect on the 24th of October 2023, are set to...
In a move that promises to provide much-needed relief for homebuyers and existing mortgage customers, TSB has announced a series of rate reductions on its mortgage products, effective from this Friday. This includes the launch of an attractive 3-Year Fixed Rate...
When it comes to getting a mortgage, understanding the nuances of credit checks is paramount for borrowers seeking new home finance. Recent developments from Barclays Bank have brought significant changes to the credit checking process for mortgage applicants. In this...
Virgin Money Mortgages, one of the more prominent high street lenders, has recently made noteworthy changes to its residential and landlord exclusive mortgage products. These changes, which include reductions of up to 0.26%, are aimed at providing more attractive...
In today's ever-changing mortgage market, securing the best remortgage deal to suit your needs can be a daunting task. However, Nationwide Building Society offers a range of attractive remortgage options and criteria that can help you make the most of your property...
In a move aimed at benefiting large portfolio landlords, The Mortgage Works (TMW), Nationwide Building Societies buy-to-let arm, has announced some noteworthy updates to its existing portfolio affordability assessment criteria, effective from the 17th of October 2023....
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.