More BTL lenders reduce product rates “Good News for Buy to Let Landlords: Three More BTL Lenders Slash Mortgage Rates” Are you a buy-to-let landlord looking to save on your mortgage expenses? Well, you’re in luck! Three prominent buy-to-let (BTL) lenders have just announced significant reductions in their product rates,… Read More »More BTL lenders reduce product rates
Shocking hike in mortgage arrears – and ‘it’s about to get an awful lot worse’ UK Mortgage Arrears Hit 7-Year High But Remain Low vs 2008 Crisis Mortgage Arrears Jump 28.8% to £16.9bn in Q2 According to data from the Bank of England, the total value of outstanding UK residential… Read More »Shocking hike in mortgage arrears – and ‘it’s about to get an awful lot worse’
Mortgage rates set to begin falling “Lenders Set to Slash Mortgage Rates as Borrower Choices Expand” The Mortgage Landscape Evolves In a welcomed development for both aspiring homeowners and current borrowers in the UK, lenders have recently unveiled plans for substantial reductions in mortgage rates. What’s more, there’s a growing… Read More »Mortgage rates set to begin falling
Why UK Mortgage rates are coming down – An explanation The Current State of Mortgage Rates and What it Means for You Introduction: Mortgages – it’s a topic that’s on everyone’s mind these days. We’ve been witnessing a gradual decrease in mortgage rates, and it’s leaving people wondering what’s happening… Read More »Why UK Mortgage rates are coming down – An explanation
Interest rate rises will spell disaster for millions How Rising Interest Rates Could Impact Borrowers Introduction In recent news, borrowers have been granted a temporary reprieve as the Bank of England decided to hold off on increasing the Bank Rate. However, with inflation predicted to reach 5 percent next year,… Read More »Interest rate rises will spell disaster for millions
The increasing negative equity crisis The Cost of Owning Crisis: 50,000 Homeowners Fall into Negative Equity Introduction: In the world of real estate, homeownership is often considered a cornerstone of financial stability and success. However, recent developments in the housing market have given rise to what experts are now calling… Read More »The increasing negative equity crisis
Mortgage approvals tumble as interest rates rocket The Impact of Soaring Interest Rates on the Housing Market: Mortgage Approvals and Debt Growth Plunge The housing market is no stranger to the ebb and flow of economic tides, and the recent surge in interest rates has sent shockwaves through the sector.… Read More »Mortgage approvals tumble as interest rates rocket
HSBC launches 40-year mortgage for first time ever A New Path to Affordable Homeownership, or enslavement to debt? In an exciting move that is set to reshape the landscape of mortgage lending, HSBC has unveiled its brand-new 40-year mortgage term, marking a historic first for the renowned banking institution. As… Read More »HSBC launches 40-year mortgage for first time ever
Your Complete Guide to Remortgaging in 2023 – Get the Best Deal and Save Money The mortgage market in 2023 continues to experience turbulence, and fixed-term deal rates are steadily climbing. This surge in rates is primarily attributed to the persistence of high “core inflation” figures, which emerged in April… Read More »Your Complete Guide to Remortgaging in 2023 – Get the Best Deal and Save Money
The Fluctuating UK Mortgage Landscape – Rates Soar and Borrower Stress Surges Introduction In a surprising turn of events for UK property buyers, the average two-year fixed mortgage rate has surged to 6.01%, reaching its highest level since December 2022. This striking data originates from the primary borrowing statistics of… Read More »The Fluctuating UK Mortgage Landscape – Rates Soar and Borrower Stress Surges
