Latest News
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Marsden Launches New Holiday Let Mortgage Deal
Are you thinking of becoming a landlord or perhaps expanding your portfolio? Marsden Building Society has just launched three new mortgages specifically designed for furnished holiday lets (FHL). These mortgages offer some perks that could make them a great option for your investment needs. These new mortgages come with no booking or arrangement fees for…
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Vida Reduces Mortgage Rates by Up to 0.35%
Mortgage lender Vida has announced cuts to its mortgage rates, offering some relief to both homeowners and landlords. The reductions apply across Vida’s range of products, including: This means that borrowers could potentially save hundreds of pounds a year on their mortgage repayments. Who can benefit? Vida specialises in providing mortgages to borrowers who may…
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House Prices Climb in July as Experts Predict “Modest Growth” for Rest of 2024
House prices rose again last month – but buyers in certain regions are bagging bargains. The Halifax House Price Index has revealed that UK house prices increased by a solid +0.8% in July, bringing an end to three months of stagnation. This means the average house price in the UK now stands at £291,268 –…
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HSBC Launches New Sub-4% Mortgage Deal – Is This the Start of a Price War?
Homebuyers and those looking to remortgage could be in for a treat as HSBC has shaken up the market by launching an incredibly low mortgage rate – but you’ll need a big deposit to qualify. The banking giant has unveiled a market-leading five-year fixed-rate mortgage at just 3.95%, undercutting rivals NatWest and Nationwide who launched…
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US Recession Could See UK Mortgage Rates Falling
The chances of a US recession are growing and experts think this could trigger a domino effect, sending UK mortgage rates tumbling. The US stock market took a tumble last week after disappointing employment figures. While things have steadied a bit, it’s got everyone on edge, especially the US central bank, the Federal Reserve. When…
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InterBay Cuts Commercial Mortgage Rates and Launches New Deals
InterBay, a leading specialist lender, has just reduced rates and launched some new deals on their commercial and semi-commercial mortgages! Here’s the summary: The good news doesn’t stop there! What Does This Mean for You? With rates falling and new products hitting the market, you’ve got some excellent opportunities to: Marc Callaghan, InterBay’s Head of…
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Inheritance Tax Rises as House Prices Climb
The government’s coffers are overflowing thanks to sky-high house prices – and it’s hitting families in the pocket with HUGE inheritance tax bills. New data reveals that families in London and the South East are most likely to be landed with the dreaded inheritance tax bill, with the average amount exceeding a staggering £47 million…
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Guernsey House Prices Dip but Rent Rises
Guernsey house prices have dipped slightly, but renters face soaring costs. The average price of a local market property in Guernsey has fallen slightly to £587,673. That’s 2.2% lower than this time last year, suggesting sellers are starting to offer discounts. Fewer homes were sold in the second quarter of 2023 compared to the previous…
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Get Ready to Build! Construction Booms as Labour’s Planning Plans Spark Optimism
The UK’s construction industry is on a roll, experiencing its strongest growth in over two years! And the reason? A wave of optimism fuelled by Labour’s plans to shake up planning laws. Building Boom Time: Experts are reporting a surge in activity across the board – from building homes to commercial projects and infrastructure. The…
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Berkeley’s Big Bet – 10,000 New Homes and a £1 Billion Gamble
It’s a bold move from one of the UK’s biggest housebuilders, and it’s a clear sign that they’re backing the government’s ambitious housing plans. Berkeley Group has announced plans to build 10,000 new homes over the next five years, a major boost for the sector and a major commitment from the company. Scaling Up: A…