The latest news and information on mortgages, the property market and other financial matters.
According to latest analysis conducted by Halifax, New Towns offer homeowners the potential to benefit from significant price growth, as well as being a great stepping stone for first-time buyers. With the government’s plan to build 1.5 million new homes in England...
As inflation falls to 1.7% – below the Bank of England’s 2% target – what does this mean for your mortgage? UK inflation fell to 1.7% in September, the lowest it’s been since April 2021, according to figures just released by the Office for National Statistics (ONS)....
Halifax’s latest figures show a third consecutive monthly increase in property prices, with market conditions continuing to improve. House prices have risen for the third month in a row, according to Halifax. The lender’s latest House Price Index for September...
The Bank of England has decided to keep the base rate at 5% in today’s review. The Bank’s Monetary Policy Committee has voted to keep the rate at 5%. In the last review on 1 August, the rate decreased from 5.25% to 5%, marking the first reduction in four years. While...
New mortgage policy will allow first-time buyers to borrow more… but where will people benefit most from the change? Lloyds Bank and Halifax have announced a new mortgage policy that will allow first-time buyers to borrow up to 5.5 times their income, an increase on...
Halifax’s latest figures show that property prices have seen the highest increase since November 2022, and the possibility of further interest rate cuts offers hope to homebuyers. According to Halifax, house prices increased by 0.3% in August, compared to a 0.9% rise...
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.
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