Latest News
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FHL’s Mortgage Rate Cuts for First-Time Buyers and Borrowers with Credit Issues
Foundation Home Loans has slashed mortgage rates by up to 0.5%, offering a lifeline to first-time buyers and those with a history of credit problems. The specialist lender has reduced rates across its range of fixed-rate mortgages, including deals for: Big Savings for First-Time Buyers and Those with Past Credit Issues The biggest savings are…
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Powys House Prices Drop – What’s Happening to the Market?
House prices in Powys have fallen by an average of £11,000 over the past year, according to the latest Land Registry figures. This represents a 4.8% drop in value, making it one of the poorest performing areas in Wales. The average house price in Powys in June was £226,806, down 1.6% from May. Is this…
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Mortgage Rate Cuts Spark Housing Market in Somerset
Estate agents in Somerset are reporting a rise in activity in the housing market, with buyers and sellers rushing back in response to recent interest rate cuts. One agent in Frome even described their busiest day in three years! This follows a challenging period for the housing market, with high prices and soaring mortgage rates…
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Fixed-Rate Mortgages Top Choice for Homeowners in 2024
New research has revealed that fixed-rate mortgages are the most popular type of home loan in 2024, with almost a third of homeowners opting for the security of fixed monthly payments. A survey of 4,950 people by Compare the Market found that 28% of respondents considered a fixed-rate mortgage when looking at their options. This…
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Molo Lowers Buy-to-Let Mortgage Rates
It’s good news for landlords looking to expand their property portfolios or just get a better deal on their existing mortgages. Molo Finance has just announced cuts to their buy-to-let (BTL) mortgage rates, making it a more attractive option for landlords of all kinds. Lower Rates for Everyone The new rates apply to a wide…
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Home Buyer Demand Surges – This Week’s Best Mortgage Rates
Good news for sellers as mortgage rate cuts spark a buying frenzy! The property market is heating up! Thanks to recent mortgage rate cuts, more and more people are clamouring to buy homes. Rightmove, the property website, has revealed that since August 1st, there’s been a 19% increase in the number of people contacting estate…
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Rental Growth Slows, But Don’t Expect a Price Crash
Zoopla has revealed that rental growth has slowed to its lowest level in over two years. But, while rents aren’t rising as fast as they were, they’re still on the up. The average UK rent is now a hefty £1,232 per month, a £66 increase compared to last year. But the rate of growth is…
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Accord Cuts BTL Rates
Accord Mortgages is giving landlords a chance to save on your buy-to-let (BTL) mortgages. They’ve just announced a round of rate cuts, with some products dropping by as much as 0.20%! What’s Changed? Accord is cutting rates across its entire BTL product range for loans up to 75% of the property’s value. This means you…
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Is the Help to Buy ISA Dead in the Water?
New figures show a huge drop in buyers using the scheme, but are there better options? The number of people buying a home using a Help to Buy ISA has fallen off a cliff, according to the latest figures. Just 9,409 homes were bought using the scheme between January and March this year. That’s a…
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Nationwide Slashes Mortgage Rates
Nationwide Building Society is dropping its mortgage rates with some of the lowest deals ever offered. From tomorrow, August 22nd, you can get a fixed-rate mortgage with an interest rate as low as 3.78%. That’s a significant drop from their previous rates and could mean huge savings for you over the life of your loan.…