Latest News
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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…
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House Prices Rise by 3.2% – Nationwide
House prices are heading upwards, with the fastest growth in almost two years. Could this be the comeback the property market has been waiting for? Nationwide’s latest figures reveal that house prices shot up by 0.7% in September alone. This impressive jump means prices are now rising annually at a rate of 3.2% – that’s…
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Budget Worries Hit Property Prices Despite Cheaper Mortgages – Savills
House prices have stalled as potential buyers wait to see what’s in store for their wallets in the upcoming budget, despite cheaper borrowing costs. While cheaper mortgages have boosted the property market, fears over tax hikes have made some buyers think twice, particularly those eyeing up luxury homes in London. The latest figures from property…
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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,…
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Seaside Savings: Mansfield Cuts Holiday Let Mortgage Rates
The interest rate on Mansfield Building Society’s 2-year discount “SPV Ltd Company Holiday Let mortgage” has been reduced by 0.21%, bringing it down to 5.99%. What does this mean for your wallet? Well, on a £500,000 mortgage, this rate cut could save you a tidy sum of £875 in interest payments over the initial two-year…
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Stirling House Prices Rise – Is It a Good Time to Buy?
House prices in Stirling are bucking the trend, with bigger fluctuations than the rest of Scotland, but are things about to change? We’ve crunched the numbers to reveal the inside story on Stirling’s house prices, and what it means for YOU, whether you’re buying or selling. The good news is, Stirling is a property hotspot!…
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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…
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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…
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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…
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Landlords Fear Rent Shake-Up Will Decimate Property Market
New research reveals over half of landlords are pessimistic about the future of buy-to-let, with many fearing government meddling will make things even worse. The stark warning comes from a major industry survey which found widespread gloom among landlords and letting agents. The ‘State of the Lettings Industry Report 2024’, published by Goodlord and Vouch,…