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Equity release rates drop below 6pc as homeowners raid properties for cash

Mortgage brokers call the reduced rate a ‘turning point’ for new borrowers ....

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Equity release market in trouble as rates rise and house prices wobble

‘It will all come crashing down’, warns economics professor ....

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UK house prices may fall 20% amid mortgage 'carnage', warn experts | House prices

Lack of supply will prevent crash, say some, while others predict ‘simple maths’ mean property price bubble poised to burst ....

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Cover feature: Brokers struggle as lenders hike rates and pull deals

There has been a surge of activity in the mortgage market in recent weeks, with hundreds of deals being pulled and lenders hiking rates on many more products. This is causing serious problems for brokers in both the residential and buy-to-let (BTL) sectors as mortgage deals disappear with little or no notice. Market ....

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What will the interest rate rise cost you on your mortgage?

For anyone who has just bought a home for the UK average of £276,000 and has an 80 per cent loan on a tracker rate, the 0.25 percentage point rate rise means extra repayments of £552 a year. ....

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