Financial information company Moneyfacts have released figures this week that show that the average 2 year fixed mortgage deal rate now stands at over 4%! Specifically 4.09%. The highest average rate for almost 10 years. Since the Bank of England increased the...

  Big changes have come in for NatWest Mortgage Requirements in the last month, and it's good news for mortgage customers, mortgage advisors, and vendors alike! The new changes cover additional income, speeding up application processing and broadened green...

New mortgage lender Perenna has made headlines today as they have been granted a licence to offer 50 year mortgages to their clients! A 50 year mortgage term would absolutely dismantle the long held understanding that between 35 and 40 year mortgage terms were all...

  The office of national statistics (ONS) have confirmed that in July 2022, inflation has risen from 9.4% to 10.1%. This is now the highest it has been in over 40 years, indicating that a recession is almost unavoidable at this time. The Bank of England increased...

  In recent months, high mortgage interest rates seem to be the only thing the property market has been speaking about, and for a good reason! Figures released by Moneyfacts last week show that current interest rates are now quickly encroaching rates that we...

  The Halifax House Price Index have released figures this week that show that in July 2022, house prices fell by 0.1%, the first reduction in house prices that they have seen in 13 months since last June. This drop in house prices, although not enormous, is...

  Metro Bank have announced that they will be making some pretty major changes to their mortgage products for residential, remortgage, and buy-to-let ranges. The London based bank has always been known as a metropolitan lender with competitive services aimed at...

  The Mayor of London Sadiq Khan has come out this week to demand that a citywide rent freeze be imposed as inflation and the cost of living begins to ramp up. A rent freeze would mean that landlords and other businesses and organisations that let out residential...

Official figures announced by Money comparison website Moneyfacts show that the average time a mortgage product is available to consumers is down to 17 days, meaning that lenders are pulling products at a rapid rate and people are missing out on the more competitive...

Private bank Coutts have said that demand for 1 million pound plus high-end London properties in the country’s capital has increased in the last year despite the rest of the property market beginning to struggle. Coutts have said that 13% more of these types of...

  Today is crunch day as the Bank of England must now decide whether they will raise interest rates to unprecedented levels. This comes as the European Central Bank and the US Federal reserve have both done exactly that by raising borrowing costs to...

  In the face of rising interest rates and a rising cost of living, The Financial Conduct Authority (FCA) has said that it would be extremely wise for banks, lenders, and advisor to encourage homeowners to switch mortgage products. Doing so could save you...