The latest news and information on mortgages, the property market and other financial matters.
Inflation fell to 7.9% in June, which marked a pleasant surprise for the mortgage industry. So what will happen with interest rates now? Read on… With rising interest rates, and the cost of living still expensive, you could be forgiven for thinking there’s very little...
Prices have gone down slightly in the past month, but Halifax says that it is still receiving a consistent volume of mortgage applications House prices dropped by 0.1% in June, according to Halifax. The lender has just published its monthly House Price Index and has...
A new scheme for those worried about rising mortgage payments has been introduced by the government. We look at what it covers – and explain why our message to borrowers is always to seek advice. The government has launched a new Mortgage Charter scheme with lenders...
In an ongoing bid to combat inflation, the Bank of England has just announced another base rate increase The Bank of England has increased the base rate from 4.5% to 5%.This latest increase is due to inflation remaining higher than predicted. Inflation remained at...
House prices stayed mostly flat in the month of May, with annual house price growth falling by 1%, according to Halifax. We’ve seen phenomenal house price growth in the last few years, but now the situation is changing. House prices remained mostly static in May. The...
Inflation remaining higher than anticipated means more interest rate rises are likely. There’s never been a more crucial time to seek advice on your mortgage. Mortgage interest rates look set to rise again in anticipation of a further Bank of England base rate...
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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