Examples set by the big High Street brands could push more lenders into offering sub-4% rates, predicts independent mortgage monitor Moneyfacts. The...
Archive
The average five-year fixed mortgage rate is now 4.97%, down from 5.91 % a year ago; and the average two-year fixed...
15 July 2024
From: Breaking News
The availability of deals at 95% loan-to-value has risen to its highest point in over two years. Overall, it was the fifth...
10 July 2024
From: Breaking News
A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...
26 June 2024
From: Breaking News
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
oneyfacts data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month...
12 June 2024
From: Breaking News
Despite a more subdued period for the mortgage market, analysis by Moneyfacts shows a handful of lenders pulled higher loan-to-value deals. Last...
05 June 2024
From: Breaking News
There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...
20 May 2024
From: Breaking News
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 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
Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...
09 May 2024
From: Breaking News
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
Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...
18 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
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
The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...
17 January 2024
From: Breaking News
There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...
10 January 2024
From: Breaking News
Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...
18 December 2023
From: Breaking News
Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...
04 December 2023
From: Breaking News
The average five-year fixed mortgage rate is now 5.21%, down from 5.62% a year ago The average two-year fixed mortgage rate is...
27 November 2023
From: Breaking News
Many of the country’s major lenders - and quite a few smaller ones, too - have slashed mortgage rates in response...
20 November 2023
From: Breaking News
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
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, which equates to an extra...
23 October 2023
From: Breaking News
The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...
16 October 2023
From: Breaking News
It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. As...
09 October 2023
From: Breaking News
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...
02 October 2023
From: Breaking News
Brokers have criticised NatWest for allegedly offering a sub-5.0 per cent 60 per cent LTV five -year fixed mortgage rate direct...
27 September 2023
From: Breaking News
After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...
11 September 2023
From: Breaking News
Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...
16 August 2023
From: Breaking News
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
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
A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...
06 June 2023
From: Breaking News
A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...
06 June 2023
From: Breaking News
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
Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...
28 March 2023
From: Breaking News
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
The FinTech mortgage lender using AI to simplify the mortgage journey for homebuyers and re-mortgagers, MPowered Mortgages, has recently expanded its...
13 October 2022
From: Breaking News
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
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
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
Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...
21 October 2021
From: Breaking News
The Nottingham has unveiled loan-to-value (LTV) limited company buy-to-let (BTL) fixed-rate products. The building society has announced four new two and five-year...
13 May 2021
From: Breaking News
The Nottingham has announced the relaunch of 90% loan-to-value (LTV) mortgages for potential borrowers. In what is described as more good news...
28 January 2021
From: Breaking News
Hinckley & Rugby Building Society has cut the interest rates on three mortgages particularly attractive to first-time buyers. The fee-free mortgages are...
30 January 2020
From: Breaking News
Mortgage costs in the buy-to-let (BTL) market have continued to fall over the last three months, according to Mortgage Brain. Its quarterly...
19 December 2019
From: Breaking News
Paragon’s buy-to-let switch and further advance product ranges have been refreshed for portfolio and non-portfolio landlords. The products include a range of...
21 August 2019
From: Breaking News
Paragon has updated its buy-to-let mortgage products for spring 2019. The restored range includes a choice of two and five-year fixed rate...
23 April 2019
From: Breaking News
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
The cost of mortgages is on the rise with the price of the majority of mainstream residential mortgages increasing during the...
06 February 2018
From: Breaking News
Metro Bank has announced a variety of changes to its residential fixed, buy-to-let (BTL) and large loan product ranges. Rate reductions by...
31 October 2017
From: Breaking News
Buy-to-let mortgage costs have stabilised at record lows, according to analysis by Mortgage Brain. Costs have continued to fall on an annual basis,...
15 February 2017
From: Breaking News
The latest product data analysis from Mortgage Brain has revealed that recent predictions about potential increases in mortgage costs are starting...
18 January 2017
From: Breaking News
The latest quarterly data analysis from Mortgage Brain shows that the cost of mortgages continued to fall over the past three...
19 October 2016
From: Breaking News
Skipton Building Society has launched a revised range of two and five-year fixed rate residential mortgages with rates lowered by up...
20 May 2016
From: Breaking News
Coventry for intermediaries has launched a range of competitive 10-year fixed-rate mortgages charging from 2.99%. These including a 10-year fixed offset mortgage,...
21 April 2016
From: Breaking News
There has been a surge in three-year fixed rate mortgages with number of deals on the market rising 16% in the last...
06 April 2016
From: Breaking News
Two, three and five-year fixed rate mortgages have plunged to new lows despite speculation of a base rate rise next year. Comparison...
05 November 2015
From: Breaking News
The popularity of fixed mortgage rates is hitting new heights with 96% of homebuyers opting to fix during September for the second successive...