Category: Mortgages
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Friends Can Now Help You Bag a Mortgage!
Good news for first-time buyers struggling to get on the property ladder: you can now borrow more cash with the help of your mates! That’s right, Generation Home (Gen H) has changed its rules to allow friends and family members to boost your income, increasing the amount you can borrow on a mortgage. This means…
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Furness Building Society Reduces Mortgage Rates
Changes at Furness could mean saving hundreds on your mortgage – here’s what you need to know. In a piece of good news for homebuyers and landlords, Furness Building Society has announced a significant cut in mortgage rates, with some slashed by as much as 0.24% Here’s the breakdown: For Homebuyers: For Buy-to-Let Landlords: What…
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MPowered Announces More Mortgage Rate Cuts
MPowered Mortgages has slashed their two-year fixed rates for the second time in a week, offering a glimmer of hope to homebuyers facing a challenging market. This welcome news comes as a response to soaring demand, with double the number of people looking for two-year fixed rates compared to last year. What are the new…
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Saffron Slashes Mortgage Rates by up to 0.6%
Good news for homeowners – Saffron Building Society has announced massive cuts to their mortgage rates, with some slashed by as much as 0.6%. This could mean significant savings for borrowers. The biggest drop is on their five-year fixed-rate mortgage for those with a 20% deposit (80% loan-to-value). The rate plummets from 5.37% to just…
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Mortgage Rate Cuts – Yorkshire Building Society and Santander Slash Costs
Good news for homebuyers and those looking to remortgage – Yorkshire Building Society and Santander are the latest lenders to announce mortgage rate cuts. This follows similar moves by Accord and TSB, offering some much-needed relief for borrowers. Yorkshire Building Society Makes a Move Yorkshire Building Society is cutting rates for the second time in…
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Mortgage Rate Cuts from TSB and Accord
In a welcome boost for the property market, both Accord and TSB are slashing mortgage rates on a range of products. This means lower monthly payments for both homeowners and landlords. Let’s break down exactly what these changes mean for you: TSB Cuts Rates for Homeowners and Landlords TSB is joining the mortgage rate price…
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First-time buyer mortgages are £100 cheaper than last year – could now be the time to buy?
Good news for first-time buyers – mortgage rates are dropping! It’s finally happening! Mortgage rates are dropping, making it cheaper to get on the property ladder. The average five-year fixed-rate mortgage is now 4.97%, down from a hefty 5.91% a year ago. That’s a significant saving for anyone looking to buy their first home. Two-year…
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Two-Year Mortgage Deals Double in Popularity as Buyers Bet on Falling Rates
Homeowners are increasingly turning to two-year fixed-rate mortgages in a gamble that interest rates will fall in the near future. New data from online mortgage lender MPowered Mortgages has revealed a surge in popularity for shorter-term fixes. In the first half of 2022, just 21% of movers opted for a two-year fixed rate deal. This…
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Coventry Building Society Reduces Mortgage Rates
Coventry Building Society has announced cuts of up to 18bps on residential fixed mortgage rates and up to 15bps on buy-to-let rates, offering some relief for borrowers in a challenging market. This applies to both new and existing customers, making it a great time to snag a new deal. These cuts apply to two, three,…
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Barclays Slash Mortgage Rates – Big Savings for Homebuyers!
Good news for anyone looking to buy or remortgage their home! Barclays has announced major cuts to their mortgage rates, with savings of up to 0.33% available. Here’s what you need to know: For those buying a new home: Thinking of remortgaging? Here’s a breakdown of some of the key rate changes: These rate cuts…