Category: Mortgages
-
Perenna Reduces Mortgage Rates by Up to 0.5%
Perenna, the innovative mortgage lender, has just announced big cuts to its interest rates – meaning cheaper borrowing for you. The biggest winners are those looking at Retirement Interest-Only (RIO) mortgages. These specialist products, designed for older borrowers, have plummeted by up to 0.47% – that’s nearly half a percent! That means a 60% LTV…
-
Mortgage Processing Times Slashed: Good News for Homebuyers!
High-street lenders are now processing mortgage applications much faster, giving hope to eager homebuyers and sellers. New data reveals that big-name banks have cut their average mortgage processing time by 30%, down from 14 days in 2022 to just 10 days this year. This means you could be getting the keys to your dream home…
-
Skipton Building Society Reduces 75 Mortgage Rates!
Skipton Building Society is dropping the rates on of its mortgages, making it cheaper to get on the property ladder. These cuts could mean lower monthly payments for borrowers. Here’s what you need to know: First-time buyers: Everyone else: Jennifer Lloyd, at Skipton, says “We’re chuffed to bits to be slashing rates across our mortgages,…
-
Coventry Building Society Cuts Mortgage Rates
Coventry Building Society has announced big cuts to their mortgage rates, making it cheaper for borrowers to get a home loan. This is great news for anyone looking to buy a home or remortgage their existing property. How much cheaper are mortgages? The building society has reduced rates on its standard mortgages by up to…
-
Should you fix your mortgage now? Martin Lewis says cheaper deals are on the way!
Money saving expert Martin Lewis has some advice for homeowners – check your mortgage NOW as cheaper deals are emerging. But don’t rush into a two-year fix, he warns. Speaking on his BBC Sounds podcast this week, Martin Lewis explained that the cheapest two-year fixed-rate mortgages are currently sitting just below 4%. While that might…
-
Virgin Money Mortgage Rate Reduction
Virgin Money has announced cuts to its mortgage rates, potentially saving borrowers thousands of pounds. The reductions apply to a range of fixed-rate mortgages, including those for first-time buyers, remortgagers, and buy-to-let landlords. Here’s a breakdown of the key changes: Remortgage Deals Get Cheaper First-Time Buyer Boost Landlords Aren’t Left Out Early Repayment Charges Reviewed…
-
Market Harborough BS will Cut Mortgage Rates in October
From October 1st, the building society is dropping fixed-rate deals by as much as 0.30%. This means lower monthly payments for borrowers, putting more money back in their pockets. Here’s a breakdown of the changes: This means that for those eligible for the top ‘tier one’ deals (typically those with a larger deposit), rates now…
-
LiveMore Cuts Mortgage Rates for Borrowers with Less-than-Perfect Credit Scores
Good news for borrowers who don’t have squeaky-clean credit histories – LiveMore has announced cuts to its mortgage rates, making it easier to get a cheaper deal! LiveMore, the specialist lender, has cut rates across a range of its mortgage products by up to 0.35%. This follows hot on the heels of cuts of up…
-
Atom Bank Reduces Prime Mortgage Rates
Atom Bank has announced a second round of mortgage rate cuts this month, offering some relief to both first-time buyers and those remortgaging. The online lender has reduced rates across its prime and near prime mortgages, meaning borrowers could potentially save hundreds of pounds a year. Here’s a breakdown of the changes: Prime Mortgages (For…
-
Mortgage Rates Fall, Help for First-Time Buyers, Best Deals This Week
Mortgage rates have dropped again this week, with some of the biggest names slashing their fixed rates. This means lower monthly payments and a golden opportunity for those looking to get on the property ladder. First-time buyers with a 5% deposit can now secure a five-year fixed-rate mortgage below 5% thanks to Nationwide Building Society.…