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News

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

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Single women driving growth in UK equity release market

The government has been warned that urgent action is needed to ensure housing wealth becomes a recognised part of mainstream retirement planning, with single women most likely to have smaller pensions. A new report published by UK consumer group Fairer Finance has...

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Bank of England holds base rate at 3.75%

The Bank of England has kept the base rate the same, but rising inflation and higher lender rates continue to create uncertainty for borrowers. If your mortgage deal ends within the next six to nine months, now could be a good time to review your options. The Bank of...

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UK inflation rises to 3.1% as households face higher costs

August’s inflation rise has been driven largely by higher fuel prices and airfares. With household bills also expected to increase, borrowers due to remortgage may benefit from seeking advice early. Headline inflation rose to 3.1% in August, up from 2.9% in July,...

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Moving house boxes

Stamp duty deters millions from buying a home

New research reveals stamp duty is not only suppressing transactions but is also costing the economy billions. Some 29 per cent of adults in the UK have seriously considered moving house in the past year – a figure that rises to 49 per cent among renters hoping to...

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UK house prices fell slightly in August

Average house prices edged down last month, according to the latest Lloyds House Price Index – but the decline needs to be viewed in a wider context. House prices across the UK fell slightly last month by 0.2%, meaning the average price of a property is now £298,468...

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First-time buyer mortgage myths revealed

Some first-time buyers may be closer to owning a home than they realise. New research reveals that common mortgage myths could be causing people to delay buying their first home. Aspiring first-time buyers could be delaying their plans because of common misconceptions...

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