Latest News
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Cut Your Mortgage Rate by Going Green
New green mortgage deal could save homeowners thousands! In a bid to help combat climate change and soaring energy bills, innovative mortgage lender Perenna has launched a new scheme to help homeowners make their homes more energy efficient. The new scheme, partially funded by the Department for Energy Security and Net Zero, will allow homeowners…
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Northern Ireland House Prices Keep Climbing
Good news for sellers, Northern Ireland’s house prices are going up! But don’t worry if you’re buying, prices are still lower than they were before the big crash. A new report from Ulster University tells us the average house price is now a healthy £211,225. That’s a jump of 2.5% compared to this time last…
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Buy-to-Let Rebound – Do Record Lending Figures Signal Market Recovery?
Is the buy-to-let market back in action? After a few tough years, things are looking brighter, and lenders are reporting a surge in activity. It seems those gloomy days of falling prices and hesitant investors may be finally behind us. Experts say the market is experiencing a much-needed rebound, with lenders like Together seeing a…
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Mortgage Rate Cuts from Aldermore
Aldermore Bank has slashed mortgage rates by up to 0.50% giving a much-needed boost to both homeowners and landlords. This good news comes as part of a shake-up of the bank’s mortgage range, with cuts for both new and existing customers. Here’s what you need to know: For those looking to buy a home (residential…
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Friends and Mortgages – Brits Turn to Loved Ones for Home Loans
Struggling to get a mortgage in this tough market? You’re not alone. More and more Brits are teaming up with family members and even friends to get on the property ladder. New research from Equifax UK reveals that almost one in five people who’ve gotten a mortgage have done so with someone other than their…
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Virgin Money Cuts Mortgage Rates – Five-Year Fixes Now Under 4%
Virgin Money has announced big cuts to their fixed-rate mortgages, with some rates dropping by as much as 0.29%. This means you could save serious money on your monthly repayments. What’s changed? Here are some examples of the new rates: What about remortgages? Don’t miss out! These rate cuts make it a great time to…
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Leeds Building Society Lowers Mortgage Rates
Leeds Building Society has announced some good news for anyone looking to buy a home or remortgage – they’re cutting rates on a range of their fixed-rate mortgages! The building society has reduced rates by up to 0.30% across a selection of two, three and five-year fixed-rate mortgages. This includes options for homeowners, first-time buyers,…
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Peterborough Crowned UK’s Cheapest City for First-Time Buyers
Forget battling it out in the capital, first-time buyers looking for a bargain should set their sights on Peterborough. New research has revealed that this Cambridgeshire city offers the most affordable route onto the property ladder. While Peterborough might not be known for its good looks, it seems that what it lacks in charm, it…
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North Outpaces London as Rent Rise Continues
Rents continue to climb across the UK, with the North seeing a surge in demand that’s leaving London in the dust. While the average rent across the whole country rose by a respectable 5.7% in July, hitting £1,354, the North is truly booming. The North East, North West, and Yorkshire and Humber regions saw an…
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Bridging Loans Boom as Housing Chains Break
Bridging loans reached record highs in the second quarter of 2024. Why is Bridging Lending on the Rise? The increase in bridging loans is directly linked to the rising number of property chains collapsing. Changes in the Bridging Landscape: The Bottom Line: The bridging lending market is experiencing a boom, driven by the need to…