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January 21, 2023
Rates have fallen rapidly since November last year, with the cheapest fix now 4.04% - but the Bank of England is set to increase the base rate again in February.
November 15, 2022
The average two-year fix, which peaked at 6.65% on 20 October, according to Moneyfacts, now sits at 6.28% - but will rates continue to fall?
September 27, 2022
The mortgage market has been thrown into disarray by the fallout from the radical mini-Budget and the falling pound, we explain what borrowers can do.
July 11, 2022
Those on a five-year fixed rate deal may be facing a sharp jump when they remortgage. In 2017 rates were just 2.85%, 1.4 percentage points lower than today.
June 21, 2022
The move by the Bank of England to ditch its mortgage market affordability test from August was broadly welcomed by the industry, although few observers expect a floodgate of new lending to come from the measure. The Bank says it will scrap its 2014 affordability test, which specifies a “stress interest rate” for
June 21, 2022
The move by the Bank of England to ditch its mortgage market affordability test in August has been branded as “utter madness” at a time when the UK faces an economic downturn, according to the head of one leading financial adviser. DeVere Group chief executive Nigel Green says: “This move by the Bank of England is
February 12, 2021
The industry has been called on to come together to ensure Help to Buy purchasers meet the extended deadline for the government scheme. The Help to Buy legal completion deadline has been extended by two months to 31 May, following housebuilding delays due to the pandemic. Homes England, which administers Help to Buy,