The UK finds itself somewhat in the middle of a mortgage crisis. Mortgages are becoming more and more expensive and people are struggling to keep up with rising mortgage interest rates and repayments. We hear a lot about residential borrowers in the news, but often...

In a message to brokers today via email, new TSB mortgage product changes have been announced. Impacting residential mortgages, buy-to-let mortgages, product transfer applications, and additional borrowing mortgages. These new changes come in with a huge shift in the...

Popular UK mortgage lender Skipton have announced that as of today (26th June 2023) they will be introducing some new big changes to their visa criteria and mortgage policy for non-UK nationals residing in the UK and looking to purchase a property. Normally most...

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...

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...

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...