Skipton Building Society has today announced an exciting new range of mortgage products aimed specifically at first-time buyers, offering greater flexibility and accessibility in an increasingly challenging property market. This new range comes at a time where first...
HSBC has today announced an increase in its maximum loan-to-value (LTV) lending limits for residential mortgages. The changes, effective from today, apply to all new-build properties and flats, including non-new-build flats, across the UK. In this news article I will...
When purchasing a property, securing a sufficient deposit is one of the most significant financial hurdles you’ll encounter. Saving a large enough deposit, especially when you are having to pay rent and bills at the same time. Can be very difficult. For many, this...
Before the weekend, finance news outlets across the country broke the news that mortgages could cost and extra £5,100 per year for the average mortgage borrower by the end of 2024. A shocking claim, yes. But is it true? Market analysis organisation Resolution...
A report issued out to the public yesterday by mortgage lender Santander shows that an increasing number of property purchasers are willing to pay more for energy efficient homes as the increased costs to heat and power a property starts to impact the general...
For most mortgage borrowers, the sensible thing to do has been to fix your mortgage product and rate for a certain period of time. Most lenders will offer products that you can fix for 2, 3, 5 or 10 years. Fixing your mortgage rate means that you will have confidence...
Recent research has shown that the average monthly cost of a variable rate mortgage, in comparison to the more commonly utilised fixed rate mortgage, has increased by 13.3% and is only likely to increase as rates jump up and up. What Is A Variable Rate...
Virgin Money, the banking arm of Richard Branson's Virgin Group have been the latest in a swarm of mortgage lenders to announce new rate increases to their residential and buy-to-let products. In recent weeks and months, mortgage lenders have been bumping up...
In a challenging economy like the one we find ourselves in today, the help and support of an experienced and dedicated mortgage broker is invaluable. Going it alone in the mortgage world at this moment in time is dangerous as rates increase left right and...
Santander have announced that they will now be offering mortgage products of up to 95% LTV, or mortgage products where the borrower will only need to contribute a 5% deposit. This re-introduction of 95% mortgage lending by Santander is a huge game changer for...
"Rising mortgage costs mean significant house price drop is inevitable", claims economic research organisation Capital Economics in their recently released report on the state of the housing market. Is a significant reduction in house prices really on the way...
Your current fixed mortgage deal might not be up for renewal anytime soon, but is it worth biting the bullet and paying the lender's early redemption penalty to secure a new mortgage deal now? Last week the mortgage market fell into chaos as lenders started...
This morning, The Exeter building society Head of protection distribution Jamie Page sent a message out to all mortgage and protection brokers. In the message he presented a dossier of reporting's that he and the building society have made in regard to...
The latest news coming out of number 10 today is that, in an attempt to fix the damaged and struggling mortgage market, the government is looking into different property purchase schemes and how they are being utilised. One of these schemes on the table for discussion...
As financial advisors, we are passionate about taking care of people and making sure that we can help make people's lives better financially in any way we can. So, with this mentality at the forefront of everyone in the office's minds, we wanted to extend our...
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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