All major UK lenders are now offering fixed mortgage deals with an interest rate of less than 4%, but brokers say further cuts are not guaranteed.
Read MoreMortgages under 4% are back but dangers lurk for borrowers
Tag: bank of england
Bank of England issues new update for anyone with a mortgage
The BoE has warned that growing global instability could reduce domestic resilience in upcoming months
Read MoreHow the Interest Rate Freeze Impacts Buy-to-Let Mortgages
The recent Bank of England decision to hold interest rates steady at 4.5% may seem like a moment of calm in the often-turbulent world of property investment. But what does this freeze really mean for landlords and their Buy-to-Let (BTL) mortgages?
Read MoreMortgage rates set to fall as tariffs spark predictions of more interest rate cuts in 2025
One mortgage broker thinks we could see a 3.5% fixed rate mortgage soon.
Read MoreBriton’s average annual mortgage bill soars £2,800 in just two years due to rocketing rates
The typical homeowner is paying £2,829 more on their mortgage each year than they were in 2022 thanks to rocketing interest rates.
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 MoreInflation rises to 3% – what it means for your mortgage, pension and more
Inflation has risen again after falling in last month’s reading – it is at the highest level in 10 months
Read MoreSome mortgage rates cut below 4% as competition picks up
Two major lenders launched mortgage deals on Thursday with interest rates of less than 4%, as competition picks up in the sector.
Read MoreAdvice for first-time buyers facing ‘stiff competition’ for homes
First-time buyers are being urged to save ‘that little bit extra’ for a deposit as analysis showed there was tough competition for the homes in their price range.
Read MoreMortgage price wars heat up as five major lenders cut interest rates after Bank of England decision
Yorkshire Building Society, Halifax, Santander, and Virgin Money have all unveiled rate cuts across their product ranges.
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