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Category: Mortgage

Thousands of homeowners urged to ‘lock in’ fixed-rate mortgages as arrears soar

October 21, 2024October 21, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Thousands of homeowners have been warned about mortgage arrears, as new figures show huge numbers are struggling to make repayments.

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Mortgagecost of living, FCA, fixed-rate mortgages, homeowners, mortgage, mortgage arrears, mortgage repayments, news, property, ukLeave a comment

Homeowners in the North hardest hit by higher mortgage costs with number in arrears rising

October 21, 2024October 21, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Homeowners in parts of Northern England are more than twice as likely to be behind on their mortgage repayments as those in the south, new research has revealed.

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MortgageFCA, homeowners, inflation, interest rates, mortgage, mortgage arrears, mortgage repayments, news, North West, Northern England, property, uk, West MidlandsLeave a comment

UK banks to shed light on consumer confidence as cheaper mortgages hit market

October 21, 2024October 21, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Some of the UK’s biggest banks are set to shed light on whether borrowers are benefiting from lower interest rates, as the lenders continue to shake off ongoing economic uncertainty.

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MortgageBarclays, first-time buyer, Lloyds, mortgage, Natwest, news, property, ukLeave a comment

How the odd bet on football could cost you a mortgage

October 21, 2024October 21, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

While having the odd bet on your football team to win at the weekend sounds like a bit of harmless fun, it could actually scupper your chances of getting a mortgage.

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Mortgagefinance, mortgage, mortgage lender, news, property, ukLeave a comment

Increasing mortgage options for first time buyers

October 14, 2024October 14, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Whilst affordability remains the biggest stumbling block for those wishing to get onto the property ladder, interest rates have reduced and there are plenty of mortgage options available for first time buyers, according to financial service Defaqto.

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Mortgagefirsttimebuyer, ftb, interest rates, mortgage, news, property, ukLeave a comment

What are the mortgage options for borrowers in later life?

October 14, 2024October 14, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Following years of stretched finances, some people are borrowing mortgages over longer terms.

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Mortgagemortgage, mortgage borrowing, mortgage terms, news, property, retirement, ukLeave a comment

Property chains collapsing amid tougher mortgage criteria – warning 

October 14, 2024October 14, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

More than one in four property sales fell through in England and Wales between July and September this year, research suggests.

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Mortgagemortgage, news, property, property chains, property sales, ukLeave a comment

Gen Z pay double in mortgage payments compared to older generations

October 14, 2024October 14, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

High interest rates and rising house prices mean Generation Z are facing mortgage payments twice as high as the generations before them, new analysis has shown.

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Mortgagefinance, Gen Z, mortgage, mortgage payments, mortgage repayments, news, property, ukLeave a comment

Mortgage costs ‘unlikely’ to return to low levels

October 14, 2024October 14, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

The cost of borrowing money to buy a home is “unlikely” to return to the low levels seen over the past decade, the boss of the UK’s largest mortgage lender has said.

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Mortgagebank fraud, fixed mortgage, mortgage, mortgage borrowing, mortgage lender, news, property, ukLeave a comment

Martin Lewis’ expert details how Brits with debt can still secure a mortgage

October 7, 2024October 7, 2024 interestratesinfo
Interest-Rates.Info - UK Mortgage & Property News - Birmingham Money - West Bromwich Money - Mortgage Brokers

Martin Lewis and mortgage expert Andrew Montlake shared some out-of-the-box ways to get a decent mortgage deal despite debts or bad credit scores

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Mortgagecredit score. Martin Lewis, firsttimebuyer, news, property, ukLeave a comment

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