Tag: Barclays
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Barclays Launches Sub-4% Mortgage Deals for Homebuyers!
Good news for house-hunters, Barclays is slashing mortgage rates with some deals dropping below 4%! From tomorrow (29th October), Barclays is cutting rates on a range of fixed-rate mortgages for both new purchases and remortgages. This includes their popular two-year and ten-year fixed-rate deals. Here’s a breakdown of the best deals: For those buying a…
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Barclays Hikes Mortgage Rates – Is This the End of Cheap Loans?
Barclays has increased their mortgage rates, and it’s bad news if you’re looking for a bargain. Some of the bank’s loans are no longer available below 4%. Several of Barclays’ residential purchase and remortgage deals have increased. These are the details: Purchase-only mortgages: Remortgage-only mortgages: Purchase and remortgage mortgages: So what does this all mean?…
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As Mortgage Rate Rises Return, What Are The Best Deals This Week?
The average UK property is now worth £293,000 – that’s a hefty 1.5% jump in just one month (up to August) and 2.8% higher than a year ago, says the UK House Price Index. This property price rise is probably linked to the fact that mortgage rates have been falling recently, encouraging more people to…
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Barclays Cuts Mortgage Rates – But Should You Wait For Further Falls?
Barclays is cutting rates on a range of its mortgages by up to 0.50% from October 11th. But with other lenders increasing rates, is now the right time to fix? Barclays is reducing rates across its fixed-rate mortgages for both new purchases and remortgages. Here are some examples of the reductions: Should You Grab a…
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Are Cheap Mortgage Rates About to Vanish?
Mortgage rates have been falling! But there are whispers that the cheapest deals might be about to disappear! Here’s why: Big banks like Barclays and Santander are tweaking their mortgage rates. Barclays has upped the rate on its 5-year fixed-rate mortgage from a tempting 3.71% to 3.76%. Don’t panic just yet though – this only…
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House Prices Rise as Mortgage Rates Fall – What are the Best Deals This Week?
Halifax’s latest House Price Index revealed that house prices have seen their biggest jump since November 2022. In the year leading up to September, prices shot up by 4.7%, meaning the average UK home will now set you back a cool £293,399. Don’t panic! Amanda Bryden, the brains behind mortgages at Halifax, wants you to…
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Should the Government Scrap Stamp Duty for Downsizers?
Millions of Brits dreaming of moving to a smaller home could finally get their wish – if the government scraps stamp duty for downsizers. That’s the call from Barclays bank, which reckons ditching the tax could unleash 3.8 million homes onto the market. Right now, a staggering 85% of us live in homes with at…
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Family Help Mortgages Could Be Key for First-Time Buyers – What’s Available?
Good news for those struggling to buy their first home! While it’s still tough to save enough, mortgage options for first-time buyers are improving. Katie Brain, from financial experts Defaqto, explains: “We’ve seen a huge increase in first-time buyers relying on help from family members to get a mortgage.” In fact, 57% of first-time buyers…
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Barclays Cuts Rates, Launches First-Time Buyer Mortgages
Barclays is launching new mortgage deals specifically designed for first-time buyers, as well as cutting rates on a range of existing mortgages by up to 0.5%. From tomorrow (4th October), borrowers will be able to access two new deals: New ‘Premier’ Fixed-Rate Mortgages: Rate Reductions on Existing Mortgages: In addition to the new deals, Barclays…
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MPowered Cut Mortgage Rates – Lowest Now Just 3.75%
MPowered Mortgages has made cuts to their fixed-rate mortgages. This move comes as lenders are battling it out to offer the best deals to customers. The biggest winner is the three-year fixed-rate deal, which has been slashed to a super-low 3.75% for those borrowing at 60% Loan-to-Value (LTV). That means if you’ve got a 40%…