The latest news and information on mortgages, the property market and other financial matters.
For a long time, there was a short supply of properties, but this seems to be changing. There are more properties coming to the market, and house sales have gone up in the past year. Read more… House sales have gone up by 9% annually, according to Zoopla. The property...
In the latest base rate review, the Bank of England’s Monetary Policy Committee has voted to keep the rate the same. The Bank of England reviewed the base rate on 21 March and decided to keep it at 5.25%. It has remained unchanged since August. Recent news...
Inflation went down last month, edging closer to the government’s 2% target. What does this mean for interest rates? Consumer prices index (CPI) inflation fell to 3.4% in February, down from 4% in January – the lowest level in two and a half years. CPI inflation is...
You may have heard about Halifax reducing the maximum working age for some mortgage applications, which could affect older borrowers. Read more… Earlier this week, Halifax announced that it would reduce its maximum working age for a mortgage from 75 to 70 for some...
Halifax reports another month of rising property prices, indicating positive trends in the property market. UK house prices went up for the fifth consecutive month in February, according to Halifax. The lender’s latest House Price Index, published yesterday, showed...
Missed Jeremy Hunt's Spring Budget speech? We've got you covered with the key highlights. Discover the latest Spring budget changes: lower Capital Gains Tax on homes, decreased national insurance rates, updated child benefit rules, and a raised VAT threshold. Stay...
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.