Tag: Martin Lewis
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Should you fix your mortgage now? Martin Lewis says cheaper deals are on the way!
Money saving expert Martin Lewis has some advice for homeowners – check your mortgage NOW as cheaper deals are emerging. But don’t rush into a two-year fix, he warns. Speaking on his BBC Sounds podcast this week, Martin Lewis explained that the cheapest two-year fixed-rate mortgages are currently sitting just below 4%. While that might…
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Martin Lewis Mortgage Warning – Halifax & Lloyds Cut Rate Lock-in Period!
Homeowners with Halifax and Lloyds mortgages are being urged to act fast as the banks cut their rate lock-in window by a third. This means borrowers will only be able to secure a new mortgage rate four months before their current deal ends, down from six months previously. This change could leave homeowners with less…
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Slash Your Mortgage by £21,000? Martin Lewis’ Money-Saving Secret
Could you be saving thousands on your mortgage repayments? Money saving guru Martin Lewis says YES, revealing how one smart homeowner saved £21,000 by following his simple overpayment trick. Martin Lewis, the nation’s favourite finance expert, shared the story of Lucy, who drastically reduced her mortgage term by making overpayments of just £1,000 per year.…
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Lifetime ISA Warning from Martin Lewis for First-Time Buyers – Don’t Get Caught Out!
Money saving expert Martin Lewis has issued a warning to first-time buyers hoping to use a Lifetime ISA (LISA) to boost their deposit savings. Speaking on ITV’s This Morning, Mr Lewis explained that while LISAs offer a fantastic opportunity for first-time buyers to receive a 25% government bonus on their savings, there’s a catch. What…
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Are you trapped by your mortgage? Martin Lewis demands action!
Money saving expert Martin Lewis is demanding the government takes urgent action to help struggling homeowners and wannabe buyers. He’s fired off a letter to the new Chancellor, Rachel Reeves, urging her to tackle two big problems: mortgage prisoners stuck on sky-high interest rates and unfair Lifetime ISA rules. Mortgage prisoners left high and dry…
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Drop in Two-Year Fixed Mortgage Costs: Is It Time to Fix?
The recent trend in the UK housing market has seen a notable decrease in the rates for two-year fixed mortgages, dipping below 5% for the first time in five months. This shift sparks a critical question for prospective property investors and homeowners: Is now the ideal time to secure a fixed mortgage, or should one…