Page 4 - Simon Gammon News Today

Borrowers are gambling on interest rates by increasingly opting for tracker mortgages as major banks begin to lower their rates. The Bank of England has been

Barclays PLC (LSE:BARC), TSB Banking Group (LSE:TSB) and Nationwide Building Society were among lenders to announce cuts to mortgage rates on Thursday as...

Millions of homeowners who bagged five-year fixed mortgage deals when rates were the lowest in history are yet to feel the pain of rising interest rates, but experts are urging them to act now in order to lessen the blow when the dreaded day for rate renewal finally arrives.

Give yourself the best chance of keeping a lid on monthly repayments while you can

The Bank of England has said that the UKs economy has remained resilient to a surge in interest rates and that there isnt any reason for alarm regarding the financial system. While households with heavy mortgages would be affected, it is unlikely to lead to a recession. Although the number of households spending 70% of their income or more on mortgage payments

The Bank of England (BoE) said on Wednesday that Britain's economy is so far proving resilient to a surge in interest rates over the past year and a...

Two-year fixed-rate residential mortgage reaches 6.63 per cent on Monday

We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and t

Prospective buyers and homeowners looking to reinstate fixed rate or tracker deals on their homes were met with a fresh blow this afternoon following the central banks decision to hike interest rates for the 13th consecutive time in a row in efforts to cool soaring inflation. 

With interest rates heading for 5.75 per cent, Telegraph Money examines your options