Tag: Remortgage
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As Mortgage Rate Rises Return, What Are The Best Deals This Week?
The average UK property is now worth £293,000 – that’s a hefty 1.5% jump in just one month (up to August) and 2.8% higher than a year ago, says the UK House Price Index. This property price rise is probably linked to the fact that mortgage rates have been falling recently, encouraging more people to…
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Mortgage Rates Climb. Is Price War Over?
NatWest hikes rates and other lenders follow suit, signaling tough times for homebuyers and those looking to remortgage. Bad news for anyone looking to buy a home or remortgage – the mortgage price war seems to be over. NatWest, one of the UK’s biggest lenders, has increased interest rates on most of its two and…
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Clydesdale Lowers Mortgage Rates
Clydesdale Bank has announced big cuts to its mortgage rates, with some deals dropping by as much as 0.71%. From October 11th, you could get a cheaper deal on a range of Clydesdale’s mortgages, including residential, buy-to-let, professional, and even their exclusive large loan products. Here’s a breakdown of the best bits: Buy-to-Let Bargains: Landlords…
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Barclays Cuts Mortgage Rates – But Should You Wait For Further Falls?
Barclays is cutting rates on a range of its mortgages by up to 0.50% from October 11th. But with other lenders increasing rates, is now the right time to fix? Barclays is reducing rates across its fixed-rate mortgages for both new purchases and remortgages. Here are some examples of the reductions: Should You Grab a…
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House Prices Rise as Mortgage Rates Fall – What are the Best Deals This Week?
Halifax’s latest House Price Index revealed that house prices have seen their biggest jump since November 2022. In the year leading up to September, prices shot up by 4.7%, meaning the average UK home will now set you back a cool £293,399. Don’t panic! Amanda Bryden, the brains behind mortgages at Halifax, wants you to…
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TSB Tempts Homeowners with New Two-Year Mortgage Deal
TSB has brought back its two-year fixed-rate mortgage for those remortgaging at up to 75% loan-to-value. This means that borrowers with a 25% deposit, or those remortgaging with 25% equity in their homes, will be eligible. The deal comes with a fee of £1,495. And there’s more good news for homeowners looking to remortgage. The…
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Virgin Money Reduces Buy-to-Let Mortgage Rates
Virgin Money has announced a shake-up of its buy-to-let mortgage rates, with some tempting offers on the table. From Wednesday 9th October, you could benefit from a range of new fixed-rate deals and reductions on existing products. Virgin Money is pulling out all the stops for its “Exclusive Buy-to-Let” range, with brand new fixed-rate mortgages…
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Halifax Reduces Rates and Hints at Future Cuts
Halifax has just slashed their mortgage rates, and experts are predicting further cuts later this year! Halifax, one of the UK’s biggest mortgage lenders, has announced a significant reduction in rates for those looking to remortgage. The new rate of 0.24% is a welcome change from the previous 0.11% and could mean savings for homeowners.…
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NatWest Cuts Mortgage Rates by Up to 0.15%
NatWest is giving both new and existing borrowers a welcome boost by cutting some of its mortgage rates. This means cheaper monthly payments for anyone lucky enough to get one of these deals. Here’s a breakdown: For those buying a new home: First-time buyers If you’re stepping onto the property ladder for the first time…
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Barclays Cuts Rates, Launches First-Time Buyer Mortgages
Barclays is launching new mortgage deals specifically designed for first-time buyers, as well as cutting rates on a range of existing mortgages by up to 0.5%. From tomorrow (4th October), borrowers will be able to access two new deals: New ‘Premier’ Fixed-Rate Mortgages: Rate Reductions on Existing Mortgages: In addition to the new deals, Barclays…