Mortgage News, Insights & Advice

  Following a press release this morning given by the new Chancellor of the Exchequer Jeremy Hunt, confidence has returned slightly to the market. But many don't think that this will cause any drop in mortgage rates to occur. Jeremy Hunt, the newly appointed...

Before the weekend, finance news outlets across the country broke the news that mortgages could cost and extra £5,100 per year for the average mortgage borrower by the end of 2024. A shocking claim, yes. But is it true? Market analysis organisation Resolution...

  A report issued out to the public yesterday by mortgage lender Santander shows that an increasing number of property purchasers are willing to pay more for energy efficient homes as the increased costs to heat and power a property starts to impact the general...

For most mortgage borrowers, the sensible thing to do has been to fix your mortgage product and rate for a certain period of time. Most lenders will offer products that you can fix for 2, 3, 5 or 10 years. Fixing your mortgage rate means that you will have confidence...

  Recent research has shown that the average monthly cost of a variable rate mortgage, in comparison to the more commonly utilised fixed rate mortgage, has increased by 13.3% and is only likely to increase as rates jump up and up. What Is A Variable Rate...

  Virgin Money, the banking arm of Richard Branson's Virgin Group have been the latest in a swarm of mortgage lenders to announce new rate increases to their residential and buy-to-let products. In recent weeks and months, mortgage lenders have been bumping up...

  Santander have announced that they will now be offering mortgage products of up to 95% LTV, or mortgage products where the borrower will only need to contribute a 5% deposit. This re-introduction of 95% mortgage lending by Santander is a huge game changer for...

  "Rising mortgage costs mean significant house price drop is inevitable", claims economic research organisation Capital Economics in their recently released report on the state of the housing market. Is a significant reduction in house prices really on the way...

  This morning, The Exeter building society Head of protection distribution Jamie Page sent a message out to all mortgage and protection brokers. In the message he presented a dossier of reporting's that he and the building society have made in regard to...

The latest news coming out of number 10 today is that, in an attempt to fix the damaged and struggling mortgage market, the government is looking into different property purchase schemes and how they are being utilised. One of these schemes on the table for discussion...