Tag: Nationwide
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Mortgage War Continues with Rates Below 4% – Best Deals this Week
Good news for anyone looking to buy a house! Mortgage rates are falling fast, with some experts predicting they could plummet as low as 3.5% by the end of the year. This comes as lenders brace for a potential mortgage war, slashing their rates in a bid to attract new customers. This means cheaper monthly…
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Nationwide Cuts Mortgage Rates – First-Time Buyers Celebrate!
Good news for those looking to step onto the property ladder! Nationwide Building Society is cutting selected mortgage rates by up to 0.25%, starting today (Friday 13th September). The building society is making it easier for first-time buyers to secure a mortgage, with the biggest reductions aimed at those with smaller deposits. Here’s a breakdown…
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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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House Prices Set to Rise Despite “Painful” Budget, Says Expert
Experts predict house prices will climb by 3% this year, even with the upcoming budget expected to bring financial challenges. Despite Prime Minister Keir Starmer warning of a “painful” budget looming, property expert Tom Brill, head of UK residential research at Knight Frank, believes the housing market remains strong. While the Prime Minister has hinted…
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House Sales Heating Up Despite Summer Slump
Property purchases jump 7% compared to this time last year – could YOUR home be worth more? Good news for anyone looking to sell their home – the number of property sales shot up by 7% last month, compared to July last year. Official figures from HM Revenue & Customs revealed that 90,630 homes were…
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House Prices Rising at a Slower Pace and Energy Efficiency Matters – Nationwide
The average UK house price in August 2024 was £265,375. This is a slight decrease from July, but still 2.4% higher than a year ago. While this is good news for sellers, the market is showing signs of slowing down after the crazy highs of 2022. But what does this mean for you? Well, alongside…
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Nationwide Slashes Rates – Best Mortgage Deals This Week
Mortgage rates have fallen! Nationwide Building Society has made big cuts, with some deals now below 4%! This week saw some of the lowest mortgage rates this year, thanks to significant cuts from Nationwide Building Society. This is great news whether you’re remortgaging, buying a new home, or a first-time buyer. “We’re making further cuts…
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Mortgage Rate War Could See House Prices Rise This Year
Good news for sellers, as experts predict house prices will increase this year, fuelled by battling mortgage lenders and the promise of cheaper borrowing. After a year of falling prices, experts at Knight Frank estate agency now believe UK house prices could rise by 3% in 2024. This is a dramatic turnaround from their earlier…
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Mortgage Rate Cuts Spark Housing Market in Somerset
Estate agents in Somerset are reporting a rise in activity in the housing market, with buyers and sellers rushing back in response to recent interest rate cuts. One agent in Frome even described their busiest day in three years! This follows a challenging period for the housing market, with high prices and soaring mortgage rates…
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Nationwide Slashes Mortgage Rates
Nationwide Building Society is dropping its mortgage rates with some of the lowest deals ever offered. From tomorrow, August 22nd, you can get a fixed-rate mortgage with an interest rate as low as 3.78%. That’s a significant drop from their previous rates and could mean huge savings for you over the life of your loan.…