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KEYWORD "Base rate" - 100 RESULTS
Approvals set to rise if mortgage market sticks to historic pattern

A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...

29 August 2024

From: Breaking News

Landlords have spoken - these are the loans they want

There’s no question that fixed rate mortgages are the product of choice among the majority of borrowers. It’s not just the...

27 August 2024

From: Breaking News

Rightmove reverses house price forecast after rate cut

The positive impact of this month’s Bank of England base rate cut, combined with other encouraging market data, has led Rightmove...

21 August 2024

From: Breaking News

First Time Buyers increasingly rely on Bank of Mum and Dad

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

19 August 2024

From: Breaking News

Society relaunches its General Client Account

Monmouthshire Building Society has relaunched its General Client Account, with an enhanced product designed to provide a secure and efficient solution...

07 August 2024

From: Breaking News

Could the Bank of England make THREE rate cuts this year?

There’s speculation that there could be two more base rate cuts announced before the end of the year, following last week’s...

05 August 2024

From: Breaking News

Tomorrow's Interest Rate Decision - stick or drop?

Speculation continues to mount about the likely decision by the Bank of England’s monetary policy committee when it debates base rate...

31 July 2024

From: Breaking News

Industry reacts to last mortgage approval figures

Mortgage approvals on house purchases for June were 59,976 according to the Bank of England - down marginally (0.3%) from 60,134...

31 July 2024

From: Breaking News

High Street lenders could push more into sub-4% deals - Moneyfacts

Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...

29 July 2024

From: Breaking News

Lenders dropping rates faster than expected says Rightmove

Rightmove says the scale of rate cuts being announced by lenders - including the first sub-4% mortgage in many months -...

29 July 2024

From: Breaking News

Lenders' rate cuts so far this week

More rate cuts are being announced by lenders all the time as they vie for business and anticipate the Bank of...

17 July 2024

From: Breaking News

Shock as Bank of England advised not to cut rates in August

One of the Bank of England monetary policy committee members has advised against a cut in base rate on August 1. Jonathan...

10 July 2024

From: Breaking News

Interest Rate and Labour Tax worries hit prime property market

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

08 July 2024

From: Breaking News

Volatile Mortgage Rates hurt the Housing Market

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That...

26 June 2024

From: Breaking News

Sharp Criticism for obstinate Bank of England over rate hold

There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...

24 June 2024

From: Breaking News

Interest Rate Impact - why rates are volatile for mortgages

Interest rates for borrowers have been volatile over the past six months, despite no change to the Bank of England base...

24 June 2024

From: Breaking News

What’s Happened to Mortgage Rates Since 2010?

Moneyfacts has analysed the movements in mortgage rates since the Conservatives came to office in 2010. Average two-year fixed mortgage rates fluctuated...

17 June 2024

From: Breaking News

Mortgage product choices boom with some at 16-year high

Independent mortgage monitor service Moneyfacts says rises to average two- and five-year fixed mortgage rates have gained pace month-on-month. The overall five-year...

20 May 2024

From: Breaking News

Interest Rate impact on Mortgages - a six month analysis

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

13 May 2024

From: Breaking News

Base Rate Held Again - what this really means for mortgages this summer

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

13 May 2024

From: Breaking News

Mortgage Rate changes prompts housing market rethink by Savills

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

07 May 2024

From: Breaking News

All change - more rate and product changes from major lenders

Several of the UK’s biggest lenders have raised rates on their mortgage products this week already, as speculation grows that the...

01 May 2024

From: Breaking News

Good News of Approvals from the Bank of England

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

08 April 2024

From: Breaking News

Bank of England Base Rate Cut - when will it happen?

The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...

02 April 2024

From: Breaking News

Rates Continue to Fluctuate Across Mortgage Sectors

Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...

25 March 2024

From: Breaking News

New analysis shows link between rates and longer mortgage terms

The ‘average’ 25 year mortgage term is increasingly becoming a thing of the past says USwitch. A recent study of the data...

13 March 2024

From: Breaking News

Agents impatient with mortgage lenders despite better news on sales

The estate agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

06 March 2024

From: Breaking News

Two year fixes fall by fastest rate since 2022 - Moneyfacts

Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...

19 February 2024

From: Breaking News

Octane Capital issues a brutal warning on mortgage rates

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

14 February 2024

From: Breaking News

Nationwide’s shock rate rise may not be the only one - warning

At the middle of last week Nationwide slashed its rates to the most competitive of all in the current lenders price...

05 February 2024

From: Breaking News

Shock government figure means likely delays to first rate cut

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

22 January 2024

From: Breaking News

Landlords hit hard by Soaring Mortgage Costs - new data

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

03 January 2024

From: Breaking News

Swap Rate falls trigger speculation of early 2024 rate cut

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

27 December 2023

From: Breaking News

Brokers Speak Out - key industry issues for 2024

Crystal Specialist Finance has conducted its Annual Survey with over 10,000 brokers for the second year running. The point is to see...

20 December 2023

From: Breaking News

Falling swap rates indicate lower mortgage rates - eventually

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

20 December 2023

From: Breaking News

Interest Rates - year ends on optimistic note as brokers hope for better 2024

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

18 December 2023

From: Breaking News

Google search topics reveal growing worries about repossessions

Homeowners are increasingly researching into mortgage repossessions online, signalling that many are worried about falling behind on their payments. The research by...

13 December 2023

From: Breaking News

Lender warns rates must drop further and faster to boost housing market

The Mortgage Lander is warning that mortgages rates will need to come down more, and faster, to really kick-start the housing...

20 November 2023

From: Breaking News

Buy-to-let landlords reduce borrowing amidst rising rates

The nation’s landlords are responding to higher levels of mortgage interest rates by cutting their borrowing. The research comes from specialist property...

15 November 2023

From: Breaking News

Bridging Lending Bounces Back in Q3 2023

Contributors to a quarterly specialist finance publication have reported a 15.3 per cent increase in bridging loan transactions, totalling £191m, during...

13 November 2023

From: Breaking News

Base Rate on Hold - what it means for mortgages

The Bank of England has held base rate at 5.25 per cent, with most analysts saying this is likely to be...

06 November 2023

From: Breaking News

Base Rate Decision Week - will the pause turn into an interlude?

The Bank of England is expected to hold base rate at 5.25 per cent this week with many analysts expecting this...

30 October 2023

From: Breaking News

Mortgage Guarantee Extension in package of first time buyer help

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

30 October 2023

From: Breaking News

Interest Only - another surge in demand online

Searches for interest-only mortgages rose a hefty 51 per cent in the past month as buyers seek to improve affordability. Research data...

25 October 2023

From: Breaking News

Rate Rise Rumours - latest inflation data may trigger new hike

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

23 October 2023

From: Breaking News

Is The Mortgage Price War Really Over?

Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...

09 October 2023

From: Breaking News

Mortgage Approvals Take A Dive, admits Bank of England

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

04 September 2023

From: Breaking News

Borrowers switch to lump-sum repayments and fixed rate products

UK mortgage customers are turning to fixed rates and lump-sum payments as interest rates rise, according to new research by Butterfield...

23 August 2023

From: Breaking News

Will improving economic news trigger a Mortgage War?

There is speculation that the recent spate of figures from the UK economy may prompt a war between mortgage providers as...

21 August 2023

From: Breaking News

Warning - Inflation Won’t Hit 2% Target until Mid-2025

The Bank of England’s monetary policy committee is warning that inflation - which is effectively determining base rate and interest rates...

14 August 2023

From: Breaking News

Absolute Lunacy - mortgage industry responds to latest rate rise

The Bank of England’s latest base rate rise - up 0.25 per cent to 5.25 per cent - has been poorly...

08 August 2023

From: Breaking News

Brokers’ Views - What Next for Interest Rates?

A series of financial experts give their prediction for next week’s Bank of England monetary policy committee decision - No rise?...

01 August 2023

From: Breaking News

Huge Rise in Popularity of 35 Year Mortgages - new figures

New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...

01 August 2023

From: Breaking News

Interest rates WILL go up next week … and maybe after that

There’s general agreement amongst brokers and other finance sector professionals that the Bank of England will next week raise interest rates...

25 July 2023

From: Breaking News

Mortgage Relief - UK banks can withstand the next economic crisis

The Bank of England’s latest stress test of the financial system suggests that UK's eight largest lenders could survive a worst...

18 July 2023

From: Breaking News

Brokers warn on growing housing market crash fears

The latest house price index - this one from the Halifax - has triggered a huge wave of concern about the...

11 July 2023

From: Breaking News

Mortgage approval boost means broker advice ‘needed more than ever’

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

04 July 2023

From: Breaking News

Broker Alert: first sign of borrower arrears across UK

Pepper Advantage, a global credit intelligence company with over $60 billion in assets under management, has published a gloomy report on...

27 June 2023

From: Breaking News

UK Finance reminds lending sector of obligations

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

27 June 2023

From: Breaking News

Rate Rise Preview: what it means for mortgages

There’s almost complete unanimity amongst analysts that this week will see yet another Bank of England base rate rise - and...

20 June 2023

From: Breaking News

Warning: UK mortgage rates set to rise further

The Bank of England’s monetary policy committee does not meet until June 22 but that doesn’t mean there’s any let up...

13 June 2023

From: Breaking News

Will There Be A Housing Crash?

Mortgage lenders and brokers have rarely had a higher profile than right now, when they are seen as key to the...

13 June 2023

From: Breaking News

Property expert gives his verdict on new mortgage products

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

23 May 2023

From: Breaking News

Record year for building society

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

07 March 2023

From: Breaking News

Stormy weather for homebuyers but forecast is brighter

The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...

07 February 2023

From: Breaking News

Finance expert offers spoonful of sugar to mortgage holders

Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...

07 February 2023

From: Breaking News

What is the Bank of England cooking up and what will it taste like?

The Monetary Policy Committee of the Bank of England meets on Thursday with the market expecting them to announce 0.5% raise...

31 January 2023

From: Breaking News

Homebuyers more buoyant than expected, says Rose Capital

Homebuyer confidence is higher than was expected at the end of 2022, according to a leading mortgage broker. Richard Campo, founder of...

31 January 2023

From: Breaking News

Bridging loans increase as rising base rates impact property market

Revolution Brokers claim that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising...

29 November 2022

From: Breaking News

Revealed: 41% of deals pulled since mini-budget as mortgage chaos grips UK

Since Kwasi Kwarteng's mini-Budget last Friday - which has caused a run on the pound and mass panic in financial markets...

30 September 2022

From: Breaking News

Devastating hit for homebuyers as mortgage costs climb

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

27 September 2022

From: Breaking News

The mortgage sector accounts for 71% of the £250bn worth of property sold

According to the latest research by Revolution Brokers, £251 billion worth of properties have sold across England. The mortgage sector accounts...

22 September 2022

From: Breaking News

Revealed - mortgage costs increase up to 21.5%

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

15 September 2022

From: Breaking News

Households hit – mortgage costs account for 28% of disposable income

The proportion of disposable household income required to cover average mortgage repayments is 27.6% so far in 2022 – the highest...

21 July 2022

From: Breaking News

Moving in a positive direction – expert reacts to interest rate rise

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

21 June 2022

From: Breaking News

Mortgage roundup – and the market continues to thrive…

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

05 May 2022

From: Breaking News

Are mortgage approvals set to soar in 2022? Studies point to yes

Mortgage approval levels could climb right through until Christmas as the pandemic property market boom shows little sign of slowing, new...

19 April 2022

From: Breaking News

Mortgage roundup – new year, new products, new rates

In the first mortgage roundup of 2022, Introducer Today takes a look at the latest mortgage news, from Landay’s bolstered Green...

18 January 2022

From: Breaking News

Kent Reliance for Intermediaries launches new large loan residential range

Kent Reliance for Intermediaries, part of the specialist lending and retail savings group OneSavings Bank plc, has launched a new large...

12 August 2020

From: Breaking News

Pension cash dominates the savings market

Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...

29 August 2019

From: Breaking News

Borrowers at risk if tracker rates fall – claim

Less than 5% of tracker rate mortgages are available on the market, which reflects the current ‘lack of appetite’ for variable...

14 August 2019

From: Breaking News

Roma Finance launches five-year mortgage for property investors

Bridging and development finance lender Roma Finance has launched a five-year mortgage to allow investors to purchase or refinance investment property. Through...

02 August 2019

From: Breaking News

Three quarters of homeowners unable to correctly define ‘remortgaging’

The majority (61%) of current and soon-to-be homeowners in the UK don’t fully review their mortgage agreement before signing it, and...

19 July 2019

From: Breaking News

Competition at higher LTVs benefits first-time buyers

Data from Moneyfacts UK found the average two-year fixed rate at max 95% loan-to-value (LTV) is at a record low, while...

14 December 2018

From: Breaking News

Growth in number of approvals to small deposit borrowers

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

16 November 2018

From: Breaking News

Larger deposit borrowers see market share squeezed

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

17 October 2018

From: Breaking News

Mortgage costs drop during Q1 2018

The cost of most mainstream mortgages were down when compared to the start of last year, according to the latest quarterly...

10 May 2018

From: Breaking News

Demand for five-year fixed deals drops to annual low

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

27 April 2018

From: Breaking News

Legal & General and Shawbrook team up for new product launch

Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel.   The products cater for second charge and...

21 December 2017

From: Breaking News

TMA ensures advisers with Base Rate Hub launch

The Mortgage Alliance (TMA) has announced the launch of its Base Rate Hub for its advisers following the recent base rate...

21 November 2017

From: Breaking News

Variable mortgage enquiries soar despite bank rate rise

Borrowers are still opting for variable mortgages despite the Bank of England base rate increase, new figures from Yorkshire Building Society...

14 November 2017

From: Breaking News

Hesitant borrowers turn to fixed rate mortgages

Yorkshire Building Society has seen a surge in fixed rate mortgage applications from borrowers ahead of a potential Bank of England...

31 October 2017

From: Breaking News

Freedom Finance launches new campaign against rising future interest rates

Freedom Finance has urged UK families to examine their finances after revealing that an average mortgage bill could increase more than...

18 September 2017

From: Breaking News

Accord to boost borrowers with new tracker mortgage

Accord Mortgages has launched a new tracker mortgage with no early repayment charges. The lender says this new product will give borrowers...

24 February 2017

From: Breaking News

Scottish borrowers are most active mortgage switchers

Mortgage borrowers in Scotland are the most proactive when it comes to switching products, according to new research. A YouGov study, commissioned...

17 February 2017

From: Breaking News

Remortgage activity continues to increase, research reveals

Homeowners remortgaged for an average of £15,000 more in 2016 than they did two years ago, with 57% of remortgage cases...

01 February 2017

From: Breaking News

Some lenders remain unresponsive to base rate change

Just over two months since the Bank of England cut the base interest rate to 0.25%, an array of lenders are...

21 October 2016

From: Breaking News

Fifth of first-time buyers could be 'priced off' the property ladder

Following the Bank of England's decision to cut the base rate to 0.25%, a fifth of 18 to 34 year-olds could...

24 August 2016

From: Breaking News

Interest rates remain at historic low of 0.5%

Despite intense speculation that interest rates would be cut, the Bank of England has confirmed that its base rate will remain...

14 July 2016

From: Breaking News

Nine out of 10 opt for fixed rates

Nine out 10 borrowers are opting to fix their mortgages despite little sign of forthcoming base rate hike. Historically low mortgage interest...

26 May 2016

From: Breaking News

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