Tag: Remortgage
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Act Fast to Bag the Best Remortgage Deal
Homeowners looking to remortgage are being urged to act quickly to secure the lowest rates. With the Bank of England tipped to cut interest rates, you might be hoping for your monthly mortgage payments to fall. But experts are warning that lenders are unlikely to pass on the full savings, meaning those who don’t shop…
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MPowered Cuts Mortgage Rates After Bank of England Holds
MPowered Mortgages has announced a major cut to its fixed-rate mortgages following the Bank of England’s decision to keep interest rates on hold. This means you could bag yourself a cheaper deal whether you are buying a new home or looking to remortgage your existing property. Here’s the lowdown: Two-Year Fixed Rate Deals: Five-Year Fixed…
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Barclays Cuts Mortgage Rates – Savings for Homeowners!
Good news for homebuyers and those looking to remortgage – Barclays is slashing rates on its fixed-rate mortgages! From June 25th, you could bag yourself a cheaper deal on a two- or five-year fixed-rate mortgage. Some rates are dropping by an impressive 0.31%, which could mean significant savings on your monthly repayments. Here’s a breakdown…
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Mortgage misery set to ease for homebuyers!
New figures show mortgage lending has plummeted to a 30-month low – but there’s light at the end of the tunnel! The latest figures show that getting a mortgage has become even tougher, with total mortgage lending collapsing to its lowest level since December 2021, when interest rates first began to climb. During the first…
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Mortgage Rate Rollercoaster Leaves Homebuyers Feeling Dizzy
Mortgage rates have been on a wild ride over the last six months, leaving those looking to buy a home or remortgage in a state of uncertainty. Despite the Bank of England keeping its base rate steady, the cost of mortgages has fluctuated significantly. This means that the interest you pay for your mortgage can…
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Mortgage misery set to continue as Bank of England freezes rates AGAIN
The Bank of England has decided to keep interest rates on hold at 5.25% for the seventh time in a row, dashing the hopes of homeowners looking for a break from pricey mortgage payments. This news comes despite the fact that inflation has finally fallen back to the Bank’s target of 2%. So, what does…
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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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NatWest Slashes Mortgage Rates – Saving Homebuyers Thousands!
Good news for anyone looking to buy or remortgage a home! NatWest is slashing its fixed-rate mortgage rates by up to a whopping 17 basis points (bps) from tomorrow, 20th June. This means cheaper monthly payments for borrowers and potentially thousands of pounds saved over the lifetime of a mortgage. Here’s the breakdown: The new…
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House Buyers Desert Market as Mortgage Lending Hits Rock Bottom
Mortgage lending has plummeted to its lowest point since interest rates began their relentless climb back in 2013, leaving those hoping to buy a home stuck in the doldrums. A new report from Octane Capital paints a bleak picture for the housing market, with total mortgage lending hitting a paltry £50.5 billion in the first…
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TSB Hikes Mortgage Rates – What it Means for Your Wallet
Homeowners and landlords are feeling the pinch as TSB increases mortgage rates across the board! Bad news for anyone looking to borrow money or with an existing TSB mortgage – interest rates are going up. The bank has increased rates on a range of its mortgages, meaning higher monthly payments for many. Here’s the breakdown…