Category: Mortgages
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Tracker Mortgages Now Cheaper Than Fixed Rates – Could You Save?
Are you tired of sky-high mortgage payments? Well, you might be in luck! Tracker mortgages are now actually cheaper than those fixed deals, which is a big change. The Bank of England is thinking about cutting interest rates for the first time in four years. This means that the cost of borrowing money could be going…
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Mortgage Rates Easing – Rightmove
There’s some good news for those hoping to buy a home, with mortgage rates finally starting to dip. The average rates across the board are down compared to last year, according to data from property website Rightmove. Let’s break down the numbers: However, it’s important to remember that even with these small reductions, mortgage rates…
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Virgin Money Shakes Up Its Mortgage Rates – Who Gets A Better Deal?
Virgin Money has just made a bunch of changes to its mortgage deals, and it’s worth knowing if you’re one of the lucky ones. They’ve been adjusting rates, launching new products, and even pulling some deals altogether. Let’s break it down so you can see if these changes affect you. New Deals, New Rates: Virgin…
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Mortgage Market – Good News for First Time Buyers?
The mortgage market has been a bit of a rollercoaster this year, with some good news and some bad. But according to the latest figures from Twenty7tec, a leading mortgage adviser tech provider, there are promising signs for first-time buyers looking to get on the property ladder. Mortgage Searches – Up and Down Overall, mortgage…
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Election Jitters Won’t Stop You Getting a Mortgage!
Don’t let the upcoming election scare you off buying a home! Experts say the mortgage market is in a good place, with lower rates and more choices than ever before. According to Octane Capital, the average mortgage rates have been steadily dropping across the board. This means you could be getting a better deal than…
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Get Ready for Higher Interest Rates – It’s Going to Be a Long Ride!
Get ready, folks, because the cost of borrowing is going to stay high for a while longer. That’s the word from the experts, and it means your finances could be affected. Financial gurus at deVere Group, a big name in money management, are warning that interest rates are likely to remain high throughout this year.…
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Mortgages for Life? 40-Year Loans Leave First-Timers Facing Retirement Woes!
It’s the dream – owning your own home. But a new trend is putting the future of first-time buyers at risk. More and more people are taking out mortgages that last 40 years! This means they’ll be paying off their homes well into retirement! Why are people choosing these super-long loans? It’s simple, really. House prices are…
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Remortgaging – Could You Be Saving Thousands on Your Mortgage?
With the cost of living soaring, it’s never been more important to make sure you’re getting the best possible deal on your mortgage. You could be paying hundreds, even thousands of pounds more each year than you need to! And, with mortgage rates changing all the time, it’s a good idea to check if you…
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Over-50s Mortgage Lender Increases Loan Sizes
Good news for homeowners over 50! LiveMore, the specialist lender for older borrowers, has just announced some big changes that could make it easier to get a mortgage, even if you’ve had some bumps in the road. First up, the good news – LiveMore has upped the maximum amount you can borrow. That’s right, you…
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HSBC Hikes Mortgage Rates as June Cut Hopes Fade
Get ready for higher mortgage bills! HSBC is raising rates on its fixed-rate mortgages, and brokers warn that more lenders will follow suit. Hopes for a Bank of England interest rate cut in June are fading fast, and that’s sending shockwaves through the mortgage market. HSBC is the latest lender to increase rates, with selected…