Category: Mortgages
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Vida Homeloans Cuts Mortgage Rates
Vida Homeloans is cutting mortgage rates by up to 0.30% This means cheaper deals for those looking to buy a home or expand their property portfolio. The cuts apply to both residential and buy-to-let (BTL) mortgages, with most residential products seeing reductions of up to 0.20%. Here’s what you need to know: Best Deals on…
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House Prices Rise as Mortgage Rates Fall – What are the Best Deals This Week?
Halifax’s latest House Price Index revealed that house prices have seen their biggest jump since November 2022. In the year leading up to September, prices shot up by 4.7%, meaning the average UK home will now set you back a cool £293,399. Don’t panic! Amanda Bryden, the brains behind mortgages at Halifax, wants you to…
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TSB Tempts Homeowners with New Two-Year Mortgage Deal
TSB has brought back its two-year fixed-rate mortgage for those remortgaging at up to 75% loan-to-value. This means that borrowers with a 25% deposit, or those remortgaging with 25% equity in their homes, will be eligible. The deal comes with a fee of £1,495. And there’s more good news for homeowners looking to remortgage. The…
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Family Help Mortgages Could Be Key for First-Time Buyers – What’s Available?
Good news for those struggling to buy their first home! While it’s still tough to save enough, mortgage options for first-time buyers are improving. Katie Brain, from financial experts Defaqto, explains: “We’ve seen a huge increase in first-time buyers relying on help from family members to get a mortgage.” In fact, 57% of first-time buyers…
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Would You Sacrifice Your Dream Job to Get a Mortgage?
Are you itching to ditch the daily grind and chase your passions? Think carefully – it could be harming your chances of getting a mortgage. New research reveals that a staggering one in four Brits have abandoned their dream jobs due to fears of being rejected by mortgage lenders. A recent survey of 2,000 adults…
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Buckinghamshire Lowers Mortgage Rates, Includes Borrowers with Credit Issues
Buckinghamshire Building Society has announced some great news for anyone looking to get a mortgage, with cuts to interest rates on offer across the board. The building society has reduced rates on its standard mortgages by up to 0.20%, meaning cheaper monthly payments for borrowers. Even better news for anyone with marks on their credit…
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Castle Trust Bank Cuts Mortgage Rates for Renovations
Castle Trust Bank has announced some fantastic news for anyone looking to buy a property, with big cuts to interest rates on a range of mortgages. There’s good news whether you’re thinking of making some home improvements or becoming a landlord, as Castle Trust Bank has reduced rates on many of its mortgages. Let’s break…
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Homebuyers Ditch Fixed-Rate Mortgages for Flexible Trackers in Uncertain Market
Tracker mortgages have seen a huge surge in popularity, with a 67% increase in borrowers snapping them up since 2021. New data from wealth manager Quilter reveals this significant shift in the mortgage landscape. So, what’s behind this trend? Let’s break it down: Flexibility is Key: Tracker mortgages see your interest rate rise and fall…
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Mortgage Hope as Bank Chief Hints at Bigger Rate Cuts
Good news for anyone looking to buy a house – mortgage rates could be about to fall! The big boss of the Bank of England has hinted that interest rates could be cut even further. Andrew Bailey, the Governor of the Bank of England, has suggested that the Bank could be “a bit more aggressive”…
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Halifax Reduces Rates and Hints at Future Cuts
Halifax has just slashed their mortgage rates, and experts are predicting further cuts later this year! Halifax, one of the UK’s biggest mortgage lenders, has announced a significant reduction in rates for those looking to remortgage. The new rate of 0.24% is a welcome change from the previous 0.11% and could mean savings for homeowners.…