When looking for a new mortgage, the landscape can often seem dominated by the big names, leaving smaller institutions overlooked. I’m talking the Halifax, Santander, NatWest, and Nationwide of the mortgage market. However, delving into lesser-known lenders like...
All the latest breaking UK mortgage and protection news, updated daily by industry experts.
UK Property Market Bounces Back: Surprising Trends Revealed in January 2024 Report!
The latest findings from the Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey for January 2024 indicate a promising turnaround in the UK property market. Positive shifts observed in key things such as buyer demand, agreed sales, and new...
Halifax Announces Exciting Rate Reductions of Up To 0.53%
In a move that's sure to make waves in the housing market, Halifax is shaking things up with some exciting changes to its product range. Effective from Thursday the 1st of February 2024, the following modifications are set to give homebuyers and homeowners more...
Coventry Building Society Launches 3 Year Fixed Mortgage
Middleweight mortgage lender Coventry Building Society have announced this week that they will be launching 3 year fixed mortgage products as part of their attempt to draw in mortgage applications during a time of economic uncertainty. Coventry have said that...
Mortgage Availability Falls Due To High Interest Rates
High interest rates and lenders reluctance towards new business has been blamed for a huge dip in available mortgage products. Finance data website Moneyfacts have released figures that the number of products offered fell across all loan-to-value tiers have...
Financially Prepare For The Inevitable
This week we sadly saw the death of our Queen Elizabeth II of the United Kingdom and commonwealth realms. The Queen passed away at the grand age of 96 years old and the crown has now passed to her son, the new King Charles III. The Queen was a symbol of duty,...
Speak To A Mortgage Advisor To Stop Mortgage Worries
Its a completely normal and natural thing to worry about money. 99.9% of people have worried about money at one time or another and we see it as our duty to try and alleviate financial worries as much as possible. Right now, the most common stresses stemming...
People Buying Homes Is Falling Rapidly
The amount of new homebuyers in the market seems to be falling rapidly, according to research carried out by The Royal Institute Of Chartered Surveyors. Is this something to be concerned about or just a blip as people feel the crunch of the cost of living? It...
Barclays Bank Increase Mortgage Rates
Barclays bank have announced that they will be increasing their mortgage rates again in line with countless other lenders. We have coined the term lender panic in recent months to name the mass hysteria that mortgage lenders seem to be going through right now...
Are Green Mortgages A Solution For The Cost Of Living?
As gas, electricity, and water bills start to creep up and up, many people are looking at ways to cut costs. Whether its listening to Martin Lewis's rambling suggestions on TV or cutting back on TV time and having the heating running, people are trying to find...
Mortgage Searches Increase Significantly
Very encouraging figures released by financial advice platform Twenty7tec this week show that the amount of people searching for a mortgage has increased significantly in the last month despite reservations due to looming economic downturn. Against all odds and...
Sellers Cutting Asking Price For Quick Cash Sales
Recent figures show that property sellers are substantially cutting the asking price on their properties by up to £150,000. But not just for anybody. It seems that sellers are knocking huge amounts off their property to attract cash buyers for a quick and...
Virgin Money Increase Mortgage Rates Again
Mortgage lender Virgin money increase mortgage rates again across their core products, despite only announcing rate reductions for some products a couple of weeks ago. These rate increases from Virgin money are just another example of the mass rate rise panic that...
House Prices Rising Or Falling?
How much is my house worth if I look to sell in the next 12 months? How much will I have to fork out to be able to afford a house? Will properties become cheaper? Is the UK set for a housing market crash? Are house prices rising or falling? All valid questions...
Remortgage Borrowing Spikes
Newly released figures from the Bank of England this month show that remortgaging borrowing figures spiked in July 2022 while regular net mortgage borrowing figures dipped slightly. In June 2022, net mortgage borrowing figures for the country were recorded at...
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