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News

The latest news and information on mortgages, the property market and other financial matters.

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UK inflation rises to its highest level in a year

Inflation rose to 3.5% in September, with higher petrol and diesel prices adding to pressure on household budgets. UK inflation rose more sharply than expected in September, adding pressure to household budgets and uncertainty for mortgage borrowers. The figures come...

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More homeowners considering later-life borrowing earlier

New figures suggest that more homeowners are exploring later-life borrowing before they reach 70. The trend highlights why it’s important to understand how interest works and consider whether borrowing fits your plans. Equity release is often associated with people in...

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A mortgage option for High-Net-Worth borrowers

Need a large loan but don’t want to disrupt your current wealth strategy? Family Building Society’s Interest Roll-Up Mortgage offers eligible clients another way to borrow. You may have significant wealth tied up in property, investments, pensions or a business, but...

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UK rents rise by nearly 5% over the past year

What rising rental costs mean if you’re a tenant – and why a mortgage might not be as far from your reach as you think. According to the latest Goodlord Rental Index, UK rents have risen by 4.9% over the past 12 months, taking the average monthly rent up from £1,507 a...

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House for sale

House prices hold steady despite higher interest rates

The average UK property price remained unchanged in September, following a 0.3% dip in August, while annual growth also remained flat. House prices remained unchanged in September (0.0%), following a slight dip of 0.3% in August, according to the latest Lloyds House...

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Average five-year fixed mortgage rate reaches 6%

Mortgage rates have risen sharply, with the average five-year fixed rate reaching 6% for the first time in three years. If your deal ends in the next six months, it’s important to act early. The average five-year fixed mortgage rate has climbed to 6%, its highest...

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