Latest News
Annual house price growth slows
The housing market remains stable but is still sensitive to the scale and pace of interest rate changes, according to Halifax. House prices went up by 2% in March compared to the previous quarter, but annual house price growth has slowed, and house prices fell by 1%...
House sales volume increase
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...
The base rate remains unchanged
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 falls in February
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...
Halifax reduces maximum working age for some older borrowers
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...
UK House Prices Rise In February
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...
Your Spring Budget Summary
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...
MB Associates is Highly Commended in local awards
The company was recognised for its achievements in the property sector at the recent Kingston Borough Business Awards… MB Associates received a Highly Commended accolade in the prestigious Kingston Borough Business Awards last month. The company received the...
Work with us
We're hiring a Mortgage Administrator. Could it be you? Read more about our requirements and how to apply… MB Associates is an award-winning mortgage broker committed to providing bespoke advice and exceptional client outcomes. With a team of experienced advisers and...
First time buyers teaming up to buy a property
Over 60% of first-time buyers are teaming up with someone else to buy their first home, according to Halifax. The lender says that joint first-time buyers now account for 63% of all mortgage transactions, with mortgage completions now in joint names with two or more...