Category: Mortgages
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Gen H Slashes Mortgage Rates – sub-5% Deals Back on the Table!
Generation Home (Gen H) has announced big cuts to its mortgage rates, with some deals now available at under 5%. The company has reduced rates across the board, with some products seeing cuts of up to 0.3% (that’s 30 basis points in mortgage-speak!). This includes their popular ‘homebuying bundle’, which combines a mortgage with legal…
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Family Building Society Lowers Mortgage Rates
Homebuyers and those looking to remortgage could be in for a welcome boost as Family Building Society has announced cuts to its fixed-rate mortgages. The building society has reduced rates across its residential repayment and interest-only products, offering some relief to borrowers feeling the pinch of the cost of living crisis. Here’s a breakdown of…
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Cheaper Mortgages on the Way – But Should You Wait for a Better Deal?
Mortgage rates are finally falling. But how low will they go, and is it worth waiting for an even better deal? After months of rising costs, there’s finally some relief in sight for mortgage holders. The recent Bank of England base rate cut to 5% has triggered a wave of reductions from major lenders like…
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Better Deal for Borrowers with Bad Credit as Mansfield Cuts Mortgage Rates
Good news for anyone with less-than-perfect credit looking to get on the property ladder! Mansfield Building Society has announced cuts to mortgage rates, making it easier for people with a history of debt or unusual financial situations to secure a home loan. Big Savings on Offer The building society has reduced rates across its range…
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Mortgage Rates Tumble as Big Banks Pass on Base Rate Cut!
Several big banks have slashed their mortgage rates following the Bank of England’s decision to cut the base rate to 5%. This is a welcome relief for borrowers who have been hit hard by rising interest rates in recent months. Coventry Building Society, Santander, Virgin Money, Clydesdale and Yorkshire Bank cut rates. The Bank of…
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New Low Deposit Mortgages from Furness Building Society
Furness Building Society has launched a new range of mortgages designed to help people buy new-build homes with just a 3% deposit. The mortgages are available through the Own New scheme, which sees housebuilders contribute towards the cost of your mortgage. This contribution is then used to reduce your monthly payments for the first two…
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Interest Rate Cut – Is This the Moment the Housing Market Turns a Corner?
Good news for buyers and sellers as the Bank of England reduces interest rates for the first time since the pandemic. In a move that could signal a boost for the housing market, the Bank of England has decided to cut interest rates for the first time since the start of the Covid pandemic. This…
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Yorkshire Building Society Cuts Mortgage Rates by Up to 0.25%
Yorkshire Building Society has delivered a welcome boost for borrowers by cutting mortgage rates by up to 0.25%. This means lower monthly repayments for both new and existing homeowners. The building society has reduced rates across a range of fixed-rate mortgages, making it an ideal time to secure a great deal. Here are some of…
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Mortgage Rates Could FALL as Bank of England FINALLY Slashes Interest Rates
Good news for homeowners! The Bank of England has cut interest rates from 5.25% to 5% – the first reduction in over four years. This long-awaited decision follows seven consecutive months where the Bank chose to keep rates on hold and puts an end to over a year of consecutive rate hikes that started back…
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Mortgage Market Gets a Much-Needed Boost! Who Has the Best Rates?
There’s a ray of light in the mortgage market as some of the top rates have started to drop. This comes as the Bank of England reports that mortgage borrowing shot up from £1.3 billion in May to £2.7 billion in June! While the number of mortgage approvals stayed steady at 60,000, this surge in…