In most cases, you’ll need a salary of around £80,000–£100,000 to get a £400k mortgage in the UK, depending on your deposit, income type, and lender affordability rules. Below, we break down realistic salary scenarios, deposit examples and lender calculations so you...
Should I wait for mortgage rates to fall? This week’s mortgage FAQ answers one of the most common questions we’re hearing from buyers and homeowners right now. Many people are wondering whether they should wait for rates to fall, or act sooner. Here’s what you need to...
UK Mortgage Market Update – 23 February 2026 The UK mortgage market continues to shift as inflation eases, interest rate expectations change, and house prices show signs of renewed momentum. Here’s what happened this week, and what it means if you’re buying,...
In the midst of the ongoing mortgage crisis and economic crisis in general, experts and policymakers are turning their attention to new solutions to alleviate the burden put on homeowners and hopefully revive the housing market. One potential measure gaining traction...
Good news for prospective home buyers! Barclays, one of the big six of UK's leading mortgage providers, has announced a substantial reduction in mortgage rates for home buyers, hopefully making homeownership more affordable and accessible moving forward. The move...
Last week it was announced, to much joy and relief, that inflation in the UK had fallen to a level below what was initially predicted. The Bank of England are currently aiming for an inflation rate of 2%. Despite drastic measures being taken with interest rate rises,...
In a move that may impact both new and existing borrowers, Santander for intermediaries has recently made adjustments to its mortgage rates and products. The high street bank's broker-only arm has raised selected residential and landlord rates, prompting reactions...
Skipton, one of the leading mortgage providers in the UK, has announced significant changes to its buy-to-let criteria, affecting landlords across the UK. The modifications include adjustments to the Buy-to-Let Stress Rate for different fixed-term products. The stress...
In the 12 months leading up to May 2023, the UK property market experienced a moderate increase in average house prices, according to the latest data released by The Office for National Statistics (ONS). The report indicates that the average house price across the UK...
This afternoon, mortgage lenders NatWest and Coutts, have announced rate increases on their mortgage products, despite the recent drop in inflation to 7.9%. The decision has left many customers puzzled, as the current economic climate suggests that there could soon be...
In a surprising turn of events, the UK inflation rate has dropped to 7.9% in July 2023, marking a significant decrease from recent highs. It now stands at the lowest it has been in 16 months! The news comes as a relief to homeowners and potential buyers who have been...
London based mortgage lender Metro Bank has recently unveiled the upgraded version of its mortgage origination platform. The platform aims to revolutionise the mortgage application process for intermediaries while laying the groundwork for the launch of new products...
When it comes to mortgages, there are various types available to suit different financial situations and goals. Sometimes a standard repayment and interest loan is neither beneficial or appropriate for a borrower, and alternative repayment methods might be more...
Over the last few months, the UK has seen a sharp increase in average mortgage rates due to increasing economic pressures. This coupled with the general cost of living crisis has meant that many people who were once enjoying low mortgage costs and relatively...
The UK mortgage market has witnessed its fair share of fluctuations in recent months, with interest rates playing a pivotal role. As homeowners and prospective buyers seek stability and affordability, the question on everyone's minds is whether we are headed for seven...
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.