Category: Mortgages
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Mortgage Rate Cuts for First-Time Buyers, Landlords and Holiday Home Owners
Buckinghamshire Building Society has announced a round of mortgage rate cuts, with savings of up to 0.30% for borrowers. The building society is making changes across the board, meaning there are new deals for first-time buyers, landlords, and even people with poor credit scores. Here are some of the biggest rate cuts: The building society…
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Martin Lewis Mortgage Warning – Halifax & Lloyds Cut Rate Lock-in Period!
Homeowners with Halifax and Lloyds mortgages are being urged to act fast as the banks cut their rate lock-in window by a third. This means borrowers will only be able to secure a new mortgage rate four months before their current deal ends, down from six months previously. This change could leave homeowners with less…
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Skipton Building Society Opens Doors for First-Time Buyers with New Mortgage Offering
Skipton Building Society has revamped its Track Record mortgage, making it easier than ever for renters to finally get a foot on the property ladder. The move has been hailed as a game-changer by brokers, who say it could help thousands of people escape the rental trap. So, what’s changed? Here’s a breakdown: More People…
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Barclays Lowers Mortgage Rates and Launches New Deals for Homebuyers
Good news for anyone looking to buy a home or remortgage – Barclays is launching new deals and cutting rates! From 3rd September, Barclays is adding cheaper mortgages for both new and existing customers. Whether you’re a first-time buyer or looking to remortgage your current home, you could find a better deal. Here’s what’s changing:…
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Nottingham Joins Mortgage Rate Price War!
Nottingham Building Society has jumped on the bandwagon and cut mortgage rates by up to 1.6%! This follows hot on the heels of high street giants NatWest, Barclays and HSBC, who’ve also announced cuts to their mortgage rates. Nottingham Building Society is cutting rates across a range of their fixed-rate mortgages, making it cheaper for…
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Mortgage Hope for Homeowners as HSBC Reduces Rates!
HSBC is cutting mortgage rates across the board. From tomorrow (Tuesday, September 3rd), you’ll find cheaper deals whether you’re buying your first home, moving up the property ladder, or remortgaging. Here’s what you need to know: Existing HSBC Customers: First-Time Buyers & Home Movers: Going Green Pays Off: Remortgaging Just Got Easier: Landlords Aren’t Left…
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Boost for First-Time Buyers as Principality Offers 5.5 Times Income Mortgages
Principality Building Society has launched a new mortgage deal allowing borrowers to borrow up to 5.5 times their income. The deal, available exclusively through mortgage brokers, is a limited-time offer and applies to standard five-year fixed-rate residential mortgages. To be eligible, you must: This move comes as Principality acknowledges the diverse circumstances of first-time buyers…
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NatWest Reduces Mortgage Rates Again
NatWest has announced cuts to their fixed-rate mortgages, making it cheaper to buy or secure a better deal on your existing home loan. The bank has reduced rates by up to 0.19% across a range of their mortgages. This means lower monthly payments and potentially thousands of pounds saved over the lifetime of your mortgage.…
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Principality and TML Slash Rates – Here’s What You Need to Know
There’s good news for home buyers and those looking to remortgage, with two lenders announcing cuts to their mortgage rates. Principality Building Society is cutting rates on some of its mortgages by up to a hefty 0.48 percentage points. That’s a significant saving, particularly for those with large mortgages. The Mortgage Lender (TML) has also…
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Mortgage Approvals Bounced Back in July
Mortgage approvals have bounced back to their highest point since last September, according to the Bank of England. This suggests the property market could be heating up again. 62,000 mortgages were approved in July, up from 60,600 in June. That’s the highest number since September 2022, when 65,100 approvals were recorded. This surge in approvals…