Category: Mortgages
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Family Building Society Cuts Mortgage Rates
Family Building Society has announced it is reducing mortgage rates by up to 0.25% on some of its most popular deals. The cuts affect both two- and five-year fixed-rate mortgages and apply to deals for homeowners and landlords. This includes landlords buying through a limited company. The building society stressed that the cuts would be…
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Yorkshire Building Society Lowers Mortgage Rates
Yorkshire Building Society has announced a second round of mortgage rate cuts this August, offering a glimmer of hope to both first-time buyers and those looking to remortgage. The building society has reduced rates across its range of mortgages, with some fixed-rate deals falling by as much as 0.20%. This move comes as a welcome…
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Homeowners Rush to Remortgage as Rates Fall
Remortgage activity surged by a fifth in July as homeowners rushed to lock in better deals following recent interest rate cuts. According to the latest data from LMS, a leading mortgage technology provider, there was a significant 20% jump in the number of remortgages completed in July compared to the previous month. Five-Year Fixes Most…
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FHL’s Mortgage Rate Cuts for First-Time Buyers and Borrowers with Credit Issues
Foundation Home Loans has slashed mortgage rates by up to 0.5%, offering a lifeline to first-time buyers and those with a history of credit problems. The specialist lender has reduced rates across its range of fixed-rate mortgages, including deals for: Big Savings for First-Time Buyers and Those with Past Credit Issues The biggest savings are…
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Fixed-Rate Mortgages Top Choice for Homeowners in 2024
New research has revealed that fixed-rate mortgages are the most popular type of home loan in 2024, with almost a third of homeowners opting for the security of fixed monthly payments. A survey of 4,950 people by Compare the Market found that 28% of respondents considered a fixed-rate mortgage when looking at their options. This…
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Home Buyer Demand Surges – This Week’s Best Mortgage Rates
Good news for sellers as mortgage rate cuts spark a buying frenzy! The property market is heating up! Thanks to recent mortgage rate cuts, more and more people are clamouring to buy homes. Rightmove, the property website, has revealed that since August 1st, there’s been a 19% increase in the number of people contacting estate…
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Nationwide Slashes Mortgage Rates
Nationwide Building Society is dropping its mortgage rates with some of the lowest deals ever offered. From tomorrow, August 22nd, you can get a fixed-rate mortgage with an interest rate as low as 3.78%. That’s a significant drop from their previous rates and could mean huge savings for you over the life of your loan.…
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NatWest Joins Mortgage Rate War – But Is It Good News for You?
NatWest has jumped into the mortgage rate war with a mix of rate cuts and increases that could impact both first-time buyers and those looking to remortgage. This comes hot on the heels of similar moves by HSBC, as major lenders battle it out to offer the most attractive deals. But what do these changes…
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Reduced Mortgage Rates and 10-Year Fix Announced by Perenna
Perenna, the specialist long-term fixed-rate lender, has announced a shake-up of its mortgage range, including the introduction of a 10-year fixed-rate deal. This will sit alongside its existing range of 15-year fixed-rate mortgages. What are the new rates? The lender has cut rates across its range, with some of the biggest savings to be made…
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Millions Locked Out of the Property Market by Credit Issues
New research reveals that millions of Brits are struggling to get a mortgage because of problems with their credit history, leaving them feeling trapped and discriminated against. 14.8 million adults – that’s nearly three in every ten – have found it harder to get a mortgage because of marks on their credit file. Imagine being…