Tag: Co-operative Bank
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House-Hunters Warned: Cheap Mortgage Rates Could Vanish!
Mortgage lenders are starting to increase rates – so if you’re buying a house soon, this could hit you in the pocket. Coventry Building Society has already revealed it is putting up rates and the Co-operative Bank is withdrawing some of its cheapest deals. Experts predict that other lenders, particularly smaller ones, will follow suit.…
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House Prices Soar as Mortgage Rates Tumble – Who Has the Best Deals This Week?
Property prices are on the up, but crucially, mortgage rates are heading down. Could this be the perfect moment to take the plunge? The latest Halifax House Price Index shows house prices jumped by in the year to August – that’s the biggest annual increase since November 2022! The average UK home now costs £292,505,…
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Mortgage Rates Fall – Best Deals This Week
Mortgage rates are continuing to drop, according to the latest figures. That means lower monthly payments for you – whether you’re buying your first home, moving, or remortgaging! Good news for anyone looking to get on the property ladder – mortgage rates have been steadily falling in recent weeks, with several major lenders cutting rates…
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Mortgage Rate Cuts from Co-op and Halifax
Co-op and Halifax have both lowered their mortgage rates, a move that could save you thousands of pounds! The Co-operative Bank is shaking things up with its “Mainstream” mortgage range, offering lower rates for both new and existing customers. New buyers looking at 2, 3, or 5-year fixed-rate mortgages could see their interest rates drop…
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Mortgage Rates Take a Tumble – Best Deals This Week
Despite rising house prices, mortgage rates are falling, offering hope for those looking to step onto the property ladder. The Halifax House Price Index reported a 0.8% surge in house prices in July, pushing the average UK house price to £291,268. That’s a hefty 2.3% increase compared to last year, marking the most significant jump…
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This Week’s Best Mortgage Rates – 18th July 2024
Mortgage rates are falling, which means cheaper deals for homebuyers and those looking to remortgage. Here’s what you need to know this week. There’s good news for anyone looking to buy a house or remortgage, as some of the UK’s biggest lenders have been slashing their rates. Over the past week, Halifax, TSB and Barclays…
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Experts Predict Mortgage Rate Squeeze – What are the Best Deals This Week?
Good news and bad news for those looking to get on the property ladder as house prices have risen for the second month in a row. The average price of a UK home rose by 1.1% in April, following a 0.9% increase in March, according to the latest figures from the Office for National Statistics…
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House Deposits – Best Savings Accounts for First-Time Buyers
Getting on the property ladder is a dream for many, but with house prices soaring and deposits getting bigger, it’s a tough climb. If you’re a first-time buyer, saving for a deposit is a marathon, not a sprint. Here’s a breakdown of the best savings accounts to help you reach your goal: 1. Lifetime Isa…
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Coventry Announces Rate Cuts
Coventry Building Society has announced significant reductions in its fixed-rate mortgage offerings. This decision aligns with a broader trend observed among major lenders, indicating a shift in the mortgage landscape that could benefit consumers across the UK. Coventry Building Society, known for its customer-focused services, has made an adjustment to its mortgage rates, decreasing them…
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The Latest Buy-to-Let Mortgage Rates
In recent years, landlords have enjoyed relatively low borrowing costs. However, a shift in the economic environment has led to increased mortgage rates, squeezing the profits of many property investors. There are approximately 2 million mortgaged buy-to-let properties in the UK, with around 230,000 of these deals expiring this year alone, making the decision on…