Good news from Moneyfacts – rates are lower than they’ve been since last summer. Mortgage rates have fallen to their lowest level for six months, according to independent financial website Moneyfacts. New figures posted on its website have shown that the average two...
Remortgaging
All you need to know about remortgaging, including interest rate updates and changes, and how to remortgage.
Mortgage rates fall again in January
Mortgage rates have come down again, so does this mean that rates will continue to fall?Earlier this week, it was announced that one of the major banks was offering lower than 4% mortgage deals, with more lenders expected to follow suit. It’s important to note that...
The base rate remains at 5.25% again
The Bank of England reviewed the base rate on 14 December and chose to keep it the same for the third consecutive time. The Bank of England’s Monetary Policy Committee (MPC) has today voted to keep the base rate at 5.25%. The rate increased 14 times between December...
What do the latest inflation figures mean for interest rates?
Inflation remained steady last month, and food prices came down. Will this mean that interest rates could come down further? Read more… Inflation remained the same in September, staying at 6.7% despite fuel prices rising. Economists had predicted a drop to 6.6% but...
Mortgage interest rates have come down
Good news for home movers and first-time buyers. Major lenders have cut mortgage interest rates, with some fixed rates rates coming down below 5%. Mortgage interest rates have gone down more substantially than we’ve seen recently. Santander, the Bank of Ireland and...
The base rate goes up to 5.25%
The base rate has gone up to 5.25%, marking the fourteenth consecutive increase in the last 18 months. Find out what it means for your mortgage payments. The Bank of England has increased the base rate from 5% to 5.25%. The increase was widely anticipated, despite...