The typical homeowner is paying £2,829 more on their mortgage each year than they were in 2022 thanks to rocketing interest rates.
Read MoreBriton’s average annual mortgage bill soars £2,800 in just two years due to rocketing rates
Category: Mortgage
Mortgage lender launches Help to Buy alternative
A mortgage lender has come up with its own version of the now defunct Help to Buy Equity Loan scheme.
Read MoreNew today – “lifeline’ mortgage for buyers missing Stamp Duty deadline
Skipton Building Society is launching a new mortgage offer today, aimed at buyers who miss this week’s Stamp Duty deadline.
Read MoreInterest rates will go down gradually, says Bank of England
The Bank of England has warned economic and global trade uncertainty has “intensified” as it held UK interest rates at 4.5%.
Read MoreFirst-time buyers could save £1,000 a year with this little-known hack
Ahead of the rise in stamp duty on April 1, many first-time buyers are rushing to complete before the deadline to avoid overpaying.
Read MoreFirst-time buyer mortgage costs are ‘20 per cent lower than rents’ with a £50,000 deposit
First-time buyer mortgage payments could be around a fifth lower than average rents if buyers have a 20 per cent deposit saved
Read MoreUpcoming stamp duty changes shake up the mortgage market
Rules surrounding Stamp Duty Land Tax (SDLT) are set to change on 1st April, causing a flurry of activity in the mortgage market.
Read MoreNatWest improves mortgage access for international buyers
NatWest has given mortgage brokers in the UK access to NatWest International through its broker portal to make it easier for international borrowers buying property in the UK.
Read MoreBarclays and HSBC cut mortgage rates: Advice for borrowers
More high street lenders have cut mortgage rates this week as data showed average fixed-rate prices have fallen by their biggest margins nearly six months.
Read MoreFirst-time buyers paying extra £4,200 a year on their mortgage
First-time buyers in the UK are facing paying an extra £4,200 a year on their mortgage with increased mortgage payments, which now average £940 per month compared to £590 five years ago, according to latest Rightmove research.
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