Mortgage rates have risen sharply, with the average five-year fixed rate reaching 6% for the first time in three years. If your deal ends in the next six months, it’s important to act early. The average five-year fixed mortgage rate has climbed to 6%, its highest...
The Bank of England’s Monetary Policy Committee has today voted to reduce the base rate. Here’s what the change could mean for you. The Bank of England has reduced the base rate from 4% to 3.75%, marking another positive step for borrowers as inflation continues to...
It was a close call, but the Bank has chosen to keep the rate the same for the time being. However, fixed mortgage rates have been decreasing slightly of late. The Bank of England has decided to keep the base rate steady at 4% in its latest review on 6 November – a...
Some key lenders have made rate reductions this week, and rates have been on a downward trend over the past few weeks. Several major lenders have reduced their fixed-rate mortgage deals in the past few days. NatWest was the first to make rate cuts, followed by...
Inflation is down, but the base rate has been held at 5.25% yet again. When is it likely to come down, and what’s happening with interest rates? Find out more… The Bank of England’s base rate has remained the same in today’s review despite yesterday’s news about...
Lloyds Bank has shared predictions in late April that could benefit home buyers and boost the property market. Lloyds Bank recently delivered a dual dose of optimism for homeowners and prospective property buyers. Britain’s biggest bank has predicted that property...
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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