An overwhelming majority – 84% – of first-time buyers are unaware of how to get the best mortgage rate, research from a broker found.
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Mortgage 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 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.
Read MoreAverage mortgage rates continue to tick down with two-year fixed rates most impacted, Rightmove says
Average mortgages rates have continued to decrease, with the biggest fall year-on-year applied to two-year fixed rates, figures show.
Read MoreFive lenders now offer mortgage rates below 4% after major high street name announces cuts
One of Britain’s biggest lenders is dropping its lowest mortgage rates to below 4 per cent from tomorrow.
Read MoreBTL lenders lower rates and boost landlord options
There has been more activity in the UK’s buy to let lending sector as MT Finance, InterBay and Pluto Finance join the throng of lenders lowering rates.
Read MoreMajor lenders cut mortgage rates – but Santander will pull its 3.99% five-year fix soon
Two major mortgage lenders have today announced they are cutting rates in a boost for borrowers.
Read MoreSecond poll in two days shows huge exodus of landlords
A record number of landlords – now fewer than 88% – have no confidence in the current private rental sector, a figure that increases to 90% in London.
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