Category: Mortgages
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Skipton Slashes Mortgage Rates
Skipton Building Society has announced a major shake-up of its mortgage rates, with cuts of up to 0.37% across a range of products. This means lower monthly repayments and potentially thousands of pounds saved over the lifetime of your mortgage. Here’s a breakdown of the key changes: These changes come hot on the heels of…
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Barclays Joins Mortgage Rate Reductions but Axes Popular Deals
Barclays is the latest lender to slash mortgage rates – but it’s also axing some popular deals for homebuyers. The bank is cutting rates on some of its existing customer mortgages by up to 0.15 percentage points from tomorrow. This follows similar moves by rivals HSBC and TSB. Here’s how Barclay’s rate cuts break down:…
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Mortgage Rate War Heats Up as TSB and HSBC Slash Prices
TSB and HSBC are the latest lenders to cut their mortgage rates, joining a fierce battle to offer the lowest deals in years. TSB is making its biggest cuts for borrowers with smaller deposits – that’s great news if you’ve only got 10-20% to put down. Here’s a taste of the savings you could snag…
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Mortgage Rate Drop – Fixed-Rate Prices Fall
Average two and five-year fixed-rate mortgages have fallen by 0.4% this week, Moneyfacts reports. This means cheaper monthly repayments are now up for grabs! Despite more sub-4% fixed deals hitting the market, the average rate across all loan-to-value (LTV) ratios for two, three, and five-year fixed-rate mortgages remains above 5%. Big Banks Slash Rates This…
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TSB Slashes Mortgage Rates by Up to 0.35%
TSB has cut rates across a range of its fixed-rate mortgages, including deals for first-time buyers, home movers and those remortgaging. Here are the key changes: First-time buyers and home movers Remortgaging Affordable Housing: TSB has also cut rates on selected affordable housing products by as much as 0.35%. All of the new rates are…
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Rent Crisis – Saving for a Mortgage ‘Impossible’ as Rent Eats Up Wages
Soaring rents are making it nearly impossible for tenants to save for a home, with some renters forking out over 80% of their wages just to keep a roof over their heads. New research from PropTech firm Canopy has revealed the extent of the UK’s rental crisis, with many struggling to afford basic living expenses…
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MPowered Mortgages’ Five-Year Fixed Rate Deals Now Starting at 4.01%
MPowered Mortgages has slashed its fixed rates for the third time in just two weeks, with five-year fixes now available from a record low of 4.01%. This latest round of cuts sees rates tumble by as much as 0.22%, making it even cheaper to buy a new home. Here’s a breakdown of the new rates…
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Clydesdale Reduces Mortgage Rates
Clydesdale Bank has announced cuts to a range of fixed-rate mortgages, potentially saving homebuyers and those remortgaging thousands of pounds. The bank has reduced rates across its residential, buy-to-let, and exclusive product ranges. Here’s what you need to know: Cheaper Deals for Homebuyers and Remortgagers If you’re looking to buy a home or remortgage your…
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Leeds Building Society Introduces Mortgage Rate Cuts
Leeds Building Society is making it easier to buy a new build home with increased mortgage limits and rate cuts. In a move designed to support aspiring homeowners, Leeds Building Society has announced it’s increasing the maximum Loan-to-Value (LTV) ratios for new build houses and flats. This means buyers will need a smaller deposit to…
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Mortgage Rate Meltdown – This Week’s Best Deals
Fixed mortgage rates are dropping fast, making it cheaper to borrow for your dream home. Good news for anyone looking to buy a home or remortgage! Lenders are slashing their fixed mortgage rates, with some of the lowest deals falling for the second week in a row. This means you could bag yourself a bargain…