what MORTGAGE: Latest Mortgage News & Advice for Home Buyers
Nov 7, 2024 · Barclays slashes mortgage rates and unveils sub-4% deal. October 29, 2024 | Home Buying, News, News | 0 Comments. Buy-to-let mortgage rates fall to lowest point in two years. October 28, 2024 | Buy-to-Let, Buy-to-let News, News | 0 Comments. View all latest news.
what MORTGAGE Awards 2024: Winners revealed
Aug 1, 2024 · Highly Commended: Market Financial Solutions & United Trust Bank. Best Second Mortgage Lender. Winner: United Trust Bank. Highly Commended: Pepper Money & West One. Best Self Build Mortgage Lender. Winner: Earl Shilton Building Society. Highly Commended: Melton Building Society & Ecology Building Society.
What mortgage is better? A two- or five-year fixed rate?
May 15, 2024 · A two-year fix is more expensive – new data out just this week from Moneyfacts shows the average two-year fixed rate is 5.91% whilst the five-year version is 5.48%. The cost difference in repayments for the two can amount to hundreds of pounds. But whilst you will pay more to fix for two years, with predictions interest rates might fall later ...
Should you fix your mortgage rate now or wait? - What Mortgage
Oct 9, 2024 · For many, fixing a mortgage rate now offers peace of mind and helps protect against sudden changes in the economy. If your current fixed-term deal is almost over, now is a great time to consider remortgaging options. More competition among lenders means there could be more suitable deals available now. If you currently have a mortgage and are ...
Interest rates cut to 5%: What it means for your mortgage
Aug 1, 2024 · Interest rates have been cut by 0.25% to 5% in a move which has been long awaited by borrowers. The Bank of England’s first cut to the base rate since 2020 will come as a huge relief to those with mortgages who have been grappling with higher repayments since the cycle of rate hikes began. But how much of a difference will it really make to ...
What’s the Mortgage Charter and how will it help you?
Jun 27, 2023 · Here’s the full lowdown on the Mortgage Charter agreed by lenders with the government to offer support. For any homeowner about to exit a fixed-rate deal there is a very real concern about the price of remortgaging. Likewise, if you are on a tracker or variable deal you will have seen your monthly repayments ticking upwards for some time now.
Buying a house: How much can I afford? - What Mortgage
Jan 12, 2022 · Jeni Browne is business development director at Mortgages for Business. You can read more of Jeni’s advice on readers’ residential mortgage questions here.If you are interested in a buy-to-let mortgage, Jeni also writes a Q&A column on this area of the mortgage market, here. If you have a question you would like to ask Jeni email [email protected]
99% mortgages: The pros, cons and some alternatives
Jun 4, 2024 · Very simply a 99% mortgage is a loan for 99% of the value of the property you wish to purchase. Yorkshire Building Society’s product is for first-time buyers who have at least £5,000 deposit to put down on a property up to the value of £500,000. The product comes with no fee and the interest rate of 5.99% is fixed for five years.
What’s the catch? The pros and cons of 95% mortgages
May 28, 2021 · There are a few important factors to consider before securing a 95% LTV deal –. Higher interest rates – The higher the LTV ratio, the more interest you will pay on the loan. This is because you are borrowing a larger sum of the property’s value, you are deemed a higher ‘risk’ to lenders. Therefore, a 75% LTV mortgage deal will likely ...
To buy, or not to buy? The big first-time buyer question
May 17, 2024 · The big first-time buyer question. There is something inherently British about aspiring to own your own home. Or, at least there used to be. With house prices soaring since the turn of the century, it is becoming increasingly harder to get onto the property ladder. In January 2000, the average price for a property in England was £75,219 ...