Since the start of September 2023, the average two-year fixed rate has fallen from 6.70% to 5.76% and the average five-year...
Archive
The average shelf-life of a mortgage product is just 15 days, with lenders increasing fixed rates, says Moneyfacts. Average mortgage rates on...
18 March 2024
From: Breaking News
The buy to let mortgage sector has seen fixed rates fall to their lowest point since September 2022, according to analysis...
04 March 2024
From: Breaking News
Average mortgage rates on the overall two- and five-year fixed rate deals have now been falling for six consecutive months. The overall...
19 February 2024
From: Breaking News
The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...
17 January 2024
From: Breaking News
Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...
04 December 2023
From: Breaking News
Moneyfacts is reporting that there’s what it calls a “thriving choice” of mortgage options. Its latest UK Mortgage Trends Treasury Report shows the number...
22 November 2023
From: Breaking News
A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...
30 October 2023
From: Breaking News
The buy-to-let sector has seen fixed rates fall and product choice grow month-on-month, according to the latest analysis by Moneyfactscompare. Overall buy-to-let...
16 October 2023
From: Breaking News
It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...
04 October 2023
From: Breaking News
The interest rate on the average five-year fixed mortgage has dropped below 6.0 per cent for the first time in nearly...
02 October 2023
From: Breaking News
Half a million mortgage-holders are facing an imminent financial shock as their fixed deals end in the run-up to Christmas or...
25 September 2023
From: Breaking News
A new analysis by Moneyfactscompare - perhaps still better known by its old name, Moneyfacts - shows precisely how many mortgage...
06 June 2023
From: Breaking News
New research by specialist property lending experts, Octane Capital, shows that monthly mortgage payments could increase by £300 each month. Homebuyers coming to...
06 October 2022
From: Breaking News
Since Kwasi Kwarteng's mini-Budget last Friday - which has caused a run on the pound and mass panic in financial markets...
30 September 2022
From: Breaking News
Provider of retail financial product data, Moneyfacts, announced that although average rates have risen for a 10th consecutive month the average...
09 August 2022
From: Breaking News
There has been some significant developments internally for Moneyfacts Analyser, the UK’s leading online residential mortgage analysis system. The recent update has...
04 August 2022
From: Breaking News
Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...
21 June 2022
From: Breaking News
The mortgage roundup column returns to bring you the latest news on mortgage products coming to the market, featuring Furness Building...
12 October 2021
From: Breaking News
LiveMore has announced a reduction of its standard fixed rates from five-year up to lifetime. Launched last week, the seven, 10 and...
15 April 2021
From: Breaking News
Furness for Intermediaries has made reductions across its 95% product range. This includes the two-year fixed rate products, which now start from...
09 October 2019
From: Breaking News
Both the volume and value of flexible payments from pensions has hit a new high, according to Moneyfacts. Data from the money...
29 August 2019
From: Breaking News
Less than 5% of tracker rate mortgages are available on the market, which reflects the current ‘lack of appetite’ for variable...
14 August 2019
From: Breaking News
Data from Moneyfacts UK found the average two-year fixed rate at max 95% loan-to-value (LTV) is at a record low, while...
14 December 2018
From: Breaking News
The Moneyfacts Group has announced the finalists for its awards ceremony, taking place on June 6 in the Pavilion at the...
22 March 2017
From: Breaking News
Just over two months since the Bank of England cut the base interest rate to 0.25%, an array of lenders are...
21 October 2016
From: Breaking News
Two lenders have launched new mortgage products with LTVs of over 90%. Furness Building Society has introduced a range of five-year fixed...
21 October 2016
From: Breaking News
New research shows that mortgage fees are starting to increase with the average fee increasing by £40 in the last six...
10 May 2016
From: Breaking News
The cost of servicing a mortgage for buyers with small deposits has fallen sharply over the past 12 months, according to...
06 May 2016
From: Breaking News
The average cost of tracker mortgages is on the increase as the result of falling demand from borrowers, according to Moneyfacts.co.uk. The...
05 May 2016
From: Breaking News
Buy-to-let lenders continue to slash their mortgage rates helping landlords offset Chancellor George Osborne's tax crackdown on property investing. The average two-year...
12 April 2016
From: Breaking News
There has been a surge in three-year fixed rate mortgages with number of deals on the market rising 16% in the last...
06 April 2016
From: Breaking News
Mortgage rates have fallen to record lows as the prospect of an interest rate hike retreats and product choice continues to...
31 March 2016
From: Breaking News
There has been a sharp rise in "mortgage freebies" as lenders increasingly compete on incentive packages rather than just price. New research...
16 March 2016
From: Breaking News
Leeds Building Society is launching the lowest ever 10-year fixed rate mortgage charging just 2.75%. The best buy deal, available from Thursday,...
09 March 2016
From: Breaking News
The number of high-LTV deals aimed at first-time buyers is almost back at pre-financial crisis levels. Mortgages at 90% and 95% LTV...
24 February 2016
From: Breaking News
The number of offset mortgage deals on the market has fallen to a five-year low, new research suggests. And the decline is...
16 February 2016
From: Breaking News
Headline mortgage rates have hit an all-time low but rising arrangement fees mean that deals aren't always as cheap as they...
09 February 2016
From: Breaking News
Interest rates on buy-to-let mortgages continue to drop as lenders tempt landlords rushing to beat the stamp duty surcharge deadline. New figures from...
04 February 2016
From: Breaking News
Lenders shrugged off rumours of a base rate hike and continued to cut mortgage rates at the end of last year. Fixed...
26 January 2016
From: Breaking News
2015 will be remembered as the year time mortgage price war reached "boiling point", as lenders battled for borrowers. The result was...
24 December 2015
From: Breaking News
The number of 95% LTV mortgages rose by 84% in the last year after a surge of product launches over the...
17 December 2015
From: Breaking News
Yorkshire Building Society has just launched a new two-year fixed rate mortgage priced at 3.68% until 31 January 2018. This deal is...
16 December 2015
From: Breaking News
Life is getting easier for first-time buyers as barriers to homeownership fall and government schemes help more climb on the property...
10 December 2015
From: Breaking News
Mortgage lenders are increasingly using freebies to attract customers as it gets harder to compete on price. The number of mortgage products...
04 November 2015
From: Breaking News
The popularity of fixed mortgage rates is hitting new heights with 96% of homebuyers opting to fix during September for the second successive...
28 October 2015
From: Breaking News
The true cost of the lowest-price mortgages on the market is "frightening", according to new research from Moneyfacts.co.uk. It said too many...
28 October 2015
From: Breaking News
The government-backed Help to Buy home-loan scheme continues to offer vital support to the mortgage market two years after its launch,...
01 October 2015
From: Breaking News
New research suggests that now is the perfect time to remortgage as more products hit the market and rates fall significantly. As...
22 September 2015
From: Breaking News
First-time buyers with relatively small deposits are finding it increasingly hard to get on the property ladder, new research shows. The typical...
15 September 2015
From: Breaking News
Record low fixed rate mortgages may already be a thing of the past as lenders start pulling rates. New research from Moneyfacts.co.uk suggests...
08 September 2015
From: Breaking News
Five-year fixed rates are the latest mortgage battleground with HSBC and Leeds Building Society both launching market-leading rates. This shows that lenders...
02 September 2015
From: Breaking News
NatWest Intermediary Solutions will be increasing its mortgage rates by up to 14 basis points (bps) amid signs that rates are...
28 August 2015
From: Breaking News
Homeowners rushed to remortgage in July amid signs that fixed-rate mortgages are now starting to creep up in price. Remortgaging jumped 29%...
27 August 2015
From: Breaking News
The buy-to-let mortgage boom continues with rates falling sharply while the number of products on the market hits a seven-year high of 1,000. The average...
26 August 2015
From: Breaking News
First-time buyers are £2,000 better off thanks to a sharp drop in rates on 95% LTV mortgages over the past two...
12 August 2015
From: Breaking News
Lenders have started to push up the cost of their mortgage deals as the Bank of England moves a step closer to the first base...
05 August 2015
From: Breaking News
As mortgages plunge to record lows borrowers no longer have to pay more for the security of a fixed rate. The difference...
29 July 2015
From: Breaking News
Lender Virgin Money has announced improvements to its range of residential mortgages, along with the temporary removal of its £99 application...
14 July 2015
From: Breaking News
The number of home loans available to first-time property buyers has risen to its highest level since before the start of...
07 July 2015
From: Breaking News
The number of fee-free mortgages has quadrupled in the last five years and could shortly break the 1,000 mark, new figures...
30 June 2015
From: Breaking News
The number of buy-to-let mortgages increased sharply in the first month following Chancellor George Osborne's pension freedom revolution. The choice of deals has...