Tag: Family Building Society
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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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Family BS Cuts 5-year Fixed-Rate Buy-to-Let Mortgage to 4.59%
Family Building Society has announced a reduction for landlords looking for a five-year fixed-rate buy-to-let mortgage. The society has cut the rate by up to 0.3% (that’s 30 basis points in mortgage jargon) and made it easier to qualify for a mortgage with them. Here’s the headline news: Darren Deacon, in charge of sales at…
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Family Building Society Cuts Mortgage Rates
Family Building Society has announced it is reducing mortgage rates by up to 0.25% on some of its most popular deals. The cuts affect both two- and five-year fixed-rate mortgages and apply to deals for homeowners and landlords. This includes landlords buying through a limited company. The building society stressed that the cuts would be…
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Family Building Society Lowers Mortgage Rates
Homebuyers and those looking to remortgage could be in for a welcome boost as Family Building Society has announced cuts to its fixed-rate mortgages. The building society has reduced rates across its residential repayment and interest-only products, offering some relief to borrowers feeling the pinch of the cost of living crisis. Here’s a breakdown of…
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Family BS Cuts Rates on Buy-to-Let Mortgages
Good news for landlords, especially those operating through limited companies or living abroad! Family Building Society has just reduced interest rates on their buy-to-let and interest-only mortgages, meaning cheaper monthly payments for you. What’s Changed? New Products Introduced Family Building Society isn’t just reducing rates, they’re also expanding their range of products. They have just…
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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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Mortgage Rate Roundup – What’s New This Week?
The latest update reveals a mix of stability and slight increases, but with some golden opportunities for first-time buyers and those looking to remortgage. Here’s a breakdown of the latest trends and standout deals. This week, the leaderboard of mortgage rates has seen little to no movement, with the most significant change being a slight…
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Family Building Society Slashes Rates for Homeowners and Landlords
Family Building Society (Family BS) has announced sweeping reductions in their mortgage rates, impacting both residential and buy-to-let customers. Family BS has decreased the rates for its fixed-rate mortgages, affecting both two-year and five-year plans. This change spans across both interest-only and capital repayment options. Specifically: The new rates are as follows: Changes in Buy-to-Let…