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News

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

MB Associates wins two prestigious awards

MB Associates wins two prestigious awards

MB Associates has won two awards in two days – the first relating to its services in the financial protection sector and the second for the company’s proven track record as a mortgage broker. Legal & General Award On 17 May, MB Associates won the Legal...

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The base rate goes up again

The base rate goes up again

The latest base rate increase is the twelfth consecutive rate rise since December 2021 as the Bank of England tries to curb inflation The Bank of England has increased the base rate from 4.25% to 4.5%. This marks the twelfth consecutive increase since December 2021....

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100% mortgages are back

100% mortgages are back

Skipton Building Society has launched a new 100% mortgage product for renters who can prove they’ve covered their rent and bills for at least a year. Good news for renters who want to buy their first home. Skipton Building Society has just announced a new 100%...

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Slight dip in house prices in April

Slight dip in house prices in April

Prices have dipped, but the housing market remains stable, according to Halifax. Halifax published its House Price Index for April on 9 May, revealing that the average house price decreased by 0.3% in April, following a 0.8% rise in March. Annual house price growth...

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Help to Buy scheme back on the agenda

Help to Buy scheme back on the agenda

The Prime Minister may bring back the Help to Buy Scheme, which ended in March this year. Prime Minister Rishi Sunak is considering bringing back the government’s Help to Buy Equity Loan Scheme to help more people get onto the property ladder.The scheme only applied...

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The housing market shows resilience

The housing market shows resilience

Average house prices crept up slightly in March, according to Halifax, and prices went up in all regions, though annual growth is expected to slow. Good news for homeowners – the housing market is proving to be resilient, with property prices rising by 0.8% in March...

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