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Average fixes rose this week as markets bet that the Bank of England will push its first base rate cut into the second half of the year. The average rate for a two-year fix edged up 4 basis points to 5.87%, while the average three-year fix rose 7 basis points to 5.64%, according to Moneyfacts. The average
Average fixes fell across the board this week, with lenders continuing to cut prices in January as they fight for market share. The average rate for two- and three-year fixes plunged by 17 basis points to 5.66%, and 5.44%, respectively, according to Moneyfacts data. The average rate for five-year fixes
TAB has hired a senior business development manager and a commercial underwriter to boost the property finance firm’s footprint outside London and the M25. Martyn Evans (pictured) joins as senior business development manager from Market Finance Solutions and will work closely with sales development director Jon
Bluestone Mortgages has hired Phil Quinn as its national account manager “to grow the firm’s market share in the specialist lending market”. The business adds Quinn "will play an integral role in strengthening Bluestone’s relationships with club and network corporate partners”. Quinn has more than a decade of
Moneyfacts has revealed that the average rate for a two-year fix remained at 5.33% this week. The average 10-year fix gained six basis points from 4.97% to 5.03%. The average three-year fix gained three basis points, moving to 5.19%, and the average five-year fix fell by two basis points to come to 4.98%. Two-year