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Half of UK borrowers see mortgage bill jump £3k per year – Mortgage Strategy

New research from Bluestone Mortgages reveals half (47%) of UK mortgage holders have seen their mortgage payments increase by an average of £234 per month in the last 12 months. This equates to £2,808 over the year. Of these mortgage holders, younger borrowers have been hit with the greatest increases of £288 per ....

United Kingdom , Bluestone Mortgages , Standard Variable , Steve Seal , Mortgage Affordability , Interest Rates ,

News Analysis: Policy reversals and uncertainty but room for hope – Mortgage Strategy

“It’s much more interesting to live not knowing than to have answers that might be wrong.” When the late US theoretical physicist, Richard Feynman, said this in the last century, it is highly unlikely he was thinking about interest rate movements. But for those trying to second guess where inflation (and, by ....

United Kingdom , Jeremy Duncombe , Hargreaves Lansdown , Richard Harrison , Richard Feynman , Matt Smith , Michael Welton , Office For National Statistics , Monetary Policy Committee , Financial Services , Susannah Streeter , Middle East , National Statistics , Steve Seal , Autumn Statement ,

'Huge sigh of relief': Industry reacts as BoE freezes base rate – Mortgage Strategy

Lenders and brokers have reacted to the ‘welcome news’ that the Bank of England has held the base rate today – with one describing it as a ‘small victory for homebuyers’. Many economists – and those across the industry - were predicting a rate rise of at least 0.25%, but the bank’s Monetary Policy Committee surprised ....

City Of , United Kingdom , John Phillips , Mark Harris , Gareth Lewis , Monetary Policy Committee , European Central Bank , Just Mortgages , Steve Seal , Jeremy Leaf , Base Rate ,