Rates are beginning to accelerate from their record lows in preparation for a base rate rise. A number of the leading lenders – such as NatWest, Nationwide and Tesco Bank – have put up the rate on their five-year fixed Read more…
Over a third of individuals aged between 18 and 34 are feeling more positive about the state of the UK property market, with many hoping to take the first step on to the ladder sooner rather than later. According to Read more…
Skipton Building Society is reducing the interest rates on its two and three-year fixed residential mortgages by up to 0.4 per cent. The two-year residential fixes are now available at 2.59, 2.89 and 3.29 per cent, having previously been 2.99, Read more…
The Post Office has announced a new range of mortgages, which are available with immediate effect. It has a range of 90 per cent loan-to-value (LTV) mortgages aimed at helping aspirant first-time buyers onto the property ladder and come with Read more…
A new range of mortgages has been launched that is aimed at the growing number of contract workers – a figure that has surged by approximately 230,000 since 2005. Contractors of any profession will be eligible to apply for the Read more…
Mortgage Trust, the specialist buy-to-let lender, has launched a limited range of products. The limited quota products are only available in January and benefit from no early repayment charges (ERC). A two-year tracker is available at 3.85 per cent with Read more…
The shadow housing minister has criticised the government’s lack of action in regard to building new homes. Emma Reynolds commented that the Help to Buy mortgage scheme was creating higher demand for new-build houses and that the government needed to Read more…
A £170 million Help to Buy scheme has been launched in Wales to help aspirant first-time buyers onto the property ladder. The scheme is very similar to the one launched in England and hopes to increase demand for new-build properties. Read more…
Over a quarter of people have said that interest rates rising is their biggest concern for 2014. This figure (27 per cent) is higher than it was three months ago, which reflects concerns about the rising cost of living and Read more…
Mortgage experts have warned that interest rates could surge now the Bank of England has refocused the Funding for Lending Scheme (FLS). Experts do not think that volume lending will suffer as a result of the change, but they have Read more…