The latest news and information on mortgages, the property market and other financial matters.
The Bank of England has just announced a base rate increase from 3% to 3.5%. The rate increased from 2.25% to 3% last month and has consistently risen in the last year. The base rate has increased again – this time from 3% to 3.5%. The base rate is the interest rate...
A solution for anyone worried about rising mortgage rates when their fixed-rate deal expires could be to switch to an interest only mortgage. Do you have a fixed-rate rate mortgage deal due to end next year? You might be worried about your ability to keep up...
Halifax’s latest House Price Index shows a price drop in November, but the lender points out that the last few years have recorded some of the biggest price increases we’ve ever seen. House prices fell by -2.3% in November compared to -0.4% in October, according to...
The government’s equity loan scheme on new build homes has now closed for applications, but if you applied before the end of October, you may still be eligible for the loan. We explain the terms and conditions that remain in place until next March. The government’s...
Homebuyer demand has dropped, and property prices are expected to continue to fall, but the Office for Budget Responsibility cautiously predicts prices will rise again in 2025. House prices are predicted to fall by around 9% between the end of this year and September...
Our founder and Managing Director, Monica Bradley, along with several of her colleagues, have appeared in Mortgage Introducer’s prestigious Top Broker Awards. As part of the entry process, the Mortgage Introducer team asked nominees a series of questions relating to...
The government’s new 95 Per Cent Mortgage Guarantee Scheme launched on Monday 19 April 2021. The aim of the scheme is to make more 95 per cent mortgages available to those with smaller deposits. First-time buyers can apply but you don’t have to be one to be eligible.
If you would like more information, fill in your details and one of our mortgage advisers will contact you.