Peter Dockar News Today

With the average two-year fixed mortgage rate now more than 6.5%, some borrowers are being tempted to choose a variable option which they can exit if fixes go lower.

"As long as SWAP rates, the rates which banks pay to borrow money, remain high, then fixed rates for mortgages will continue to rise. If core inflation

The lender has said the typical person remortgaging from a two-year fix this year could face a £385 monthly payment hike.

Michael Bailey, director at Preston-based Michael Bailey Estate Agent: "As the Nationwide suggests, a lot depends on the resilience of the jobs

Paradigm has added fintech lender Generation Home to its lender panel. Paradigm member firms will have access to Gen H’s range of residential mortgage products, which aim to support borrowers who are potentially struggling to meet current high-street lender affordability criteria. Gen H offers mortgages to first-time

Chancellor Kwasi Kwarteng’s mini-Budget in September brought a flurry of new stamp duty thresholds for first-time buyers (FTBs) on a permanent basis. In addition, stamp duty was eradicated for purchases of land and buildings for commercial or new residential development. Now that the measures have further bedded into

First-time buyer focussed lender Generation Home has joined the Intermediary Mortgage Lenders Association (Imla). It comprises member number 67, with Imla now home to 52 full members and 15 associate members. Generation Home commercial director Peter Dockar has been appointed as the firm’s representative. He says: