Category: Mortgages
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Atom Bank Cuts Mortgage Rates for First-Time Buyers and Borrowers with Small Deposits
Atom Bank has announced a round of mortgage rate cuts, a move that could save borrowers thousands of pounds. The cuts will affect both near prime borrowers (those with a less-than-perfect credit history) and prime borrowers with small deposits. How Much Could You Save? Rates on near prime mortgages are being cut by up to…
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Keystone Cuts Fixed Rates by Up To 0.25%
Keystone has reduced fixed rates across the board, including standard, specialist, expat, product transfers, holiday lets and even switch & fix ranges. Here’s a breakdown of the reductions: Why the sudden change? Keystone’s managing director, Elise Coole, explained: “Recent decreases in SWAP rates have provided us with the opportunity to pass on these savings directly…
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Mortgage Rate Cuts from Vida and Principality
Two more lenders are slashing their rates. This could mean cheaper deals for both homebuyers and landlords. Specialist lender Vida has announced cuts of up to 0.30% on both its residential and buy-to-let mortgages. This means lower monthly payments for borrowers, particularly those looking for higher loan-to-value products. Here’s a breakdown of Vida’s cheapest rates:…
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Gen H Raises Mortgage Rates While Others Cut
Gen H is making a splash with some changes to its rates. They’re saying they’re doing this to “protect customer service levels” after a busy week, but let’s break down what it means for you: Bank of Ireland Cuts Costs Bank of Ireland is taking a different approach and is cutting rates on some of…
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Halifax Cuts Mortgage Rates: Good News for Buyers, Bad News for NatWest
It’s a battle for the best mortgage deals out there, and Halifax is throwing down the gauntlet! They’ve rduced rates on some of their most popular two and five-year fixed mortgages, hoping to tempt borrowers away from the competition. Halifax has reduced rates across a range of loan-to-value (LTV) ratios. This means that whether you’re…
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Mortgage Rates Fall to Six-Month Low, But Choice is Shrinking for Buyers
According to the latest data from financial experts Moneyfacts, the average two-year fixed-rate mortgage has dropped to 5.56%, while the average five-year fixed-rate deal now sits at 5.20%. This means borrowers could save hundreds of pounds a year on their repayments. This drop in rates is a welcome relief after the turmoil of the mini-Budget…
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Mortgage Rate Cuts by Barclays
Barclays bank is slashing mortgage rates by up to 0.66% from tomorrow, offering some much-needed relief for homebuyers struggling with high monthly repayments. This significant cut means a homeowner borrowing £200,000 could save around £70 a month on their repayments! The biggest reductions are on large loan mortgages, aimed at those buying more expensive properties.…
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Mortgage Rate Cuts – TSB Slashes Rates While Zephyr Offers Cheaper Deals
TSB is slashing mortgage rates by up to 0.4%, and Zephyr Homeloans is also cutting rates on many of its deals. However, Vida Homeloans is repricing its products, so borrowers may need to act quickly to secure their current rates. TSB Cuts Rates for First-Time Buyers, Home Movers and Shared Ownership TSB is making significant…
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Mortgage Rates Lowered by MPowered
MPowered Mortgages has slashed their fixed rates for the fifth time in just a few weeks, making it even cheaper to secure your dream home. Here’s the deal: Stuart Cheetham, Chief Executive of MPowered Mortgages, said: “We are delighted to be cutting rates… Competition heating up between lenders is making now an ideal opportunity for…
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Building Your Dream Home? How Do Self-Build Mortgages Work?
Thinking about building your own home? It’s a dream for many, offering the chance to create a space perfectly tailored to your needs. But financing a self-build project can seem daunting, especially for first-time buyers. Here’s everything you need to know about self-build mortgages: What is a Self-Build Mortgage? Unlike traditional mortgages, which are paid…