TSB has announced that its popular Early Repayment Charge (ERC)-free tracker mortgages are still available across both its residential and buy-to-let ranges, a rare and flexible option for UK borrowers in an uncertain interest-rate market. These tracker mortgage...
All the latest breaking UK mortgage and protection news, updated daily by industry experts.
New HSBC Top Slicing Mortgage Criteria Announced
HSBC has announced a major policy change that’s set to help landlords across the country the introduction of top slicing for buy-to-let (BTL) mortgage applications. This new approach gives investors the ability to use personal income alongside rental income when...
Barclays Now Offers 90% LTV on Second Residential Properties
Barclays has announced a big update to its lending criteria, increasing the maximum Loan-to-Value (LTV) to 90% for applicants who already own another residential property with an existing mortgage. Previously capped at 80% LTV, the new policy applies to both...
Could There Be An Emergency Base Rate Rise?
Could we see an emergency base rate rise imposed on us by the Bank of England? Liz Truss's new Conservative government and her recently appointed Chancellor's mini budget released at the end of last week has caused the economy to go into a state of panic and now the...
Guarantor, Joint Borrower & Sole Proprietor Mortgages
For hundreds of years, mortgages were pretty black and white. You want to buy a property but don't have the money to pay for it in full, so you borrow money from a lender and pay them back. Normal straight forward mortgages are given based on the borrowers income,...
Will The Government Announce A Stamp Duty Cut?
According to several sources from Whitehall, Prime Minister Liz Truss's government are due to announce a stamp duty cut on property purchases in their Friday mini budget announcement. What Is Stamp Duty Tax? For anyone who doesn't know what stamp duty is, stamp...
House Prices Expected To Fall?
According to a statement from the Centre for Economic and Business Research, house prices are expected to fall in 2023, giving hope to potential buyers who are being priced out by inflated figures. But potential bad news for people looking to sell! The CEBR...
Young People Spending More On Mortgages Per Month
Young People Are Paying A Lot More On Their Mortgages Comparison website Uswitch have released figures this week from a recent study, that show young people are shockingly paying a disproportionate amount more per month on their mortgages that older people. According...
New Build Homes On The Rise
Official government figures released this week show that the amount of new build homes being built in the UK has risen by 21%, indicating that there is no slow down in the demand for buying new properties....or, is this just wishful thinking from the...
Buyers Are Reducing Property Budgets
Recent market analysis by Savills estate and letting agents suggests that new buyers and home movers are significantly reducing their property budgets because of the rising cost of living, increasing interest rates, tougher mortgage affordability rules, and spiralling...
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...
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...
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