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KEYWORD "Variable Rate" - 71 RESULTS
Rates Continue to Fluctuate Across Mortgage Sectors

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...

25 March 2024

From: Breaking News

Mortgage shelf-life plummets and lenders hike rate

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

Many landlords to end fixed-rate deals soon, says lender

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

18 March 2024

From: Breaking News

Two year fixes fall by fastest rate since 2022 - Moneyfacts

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

First Time Buyers and mortgages - new study shows the help they get

A high proportion of first time buyers take advantage of some form of assistance when purchasing their initial home. That’s the verdict...

15 January 2024

From: Breaking News

Building Society enters modest BTL investor market with two products

Beverley Building Society has entered the buy to let market with two new products. Its variable rate BTL for UK customers is...

08 August 2023

From: Breaking News

UK Finance reminds lending sector of obligations

Trade body UK Finance has issued a timely reminder to the mortgage lending sector of its obligations to borrowers struggling following...

27 June 2023

From: Breaking News

Nightmare on Re-Mortgage Street - warning of woe ahead

A leading analyst is warning that a remortgage nightmare lies await in the second half of 2023. Sarah Coles of business consultancy...

06 June 2023

From: Breaking News

Property expert gives his verdict on new mortgage products

After the latest rise in Bank of England Base Rate, mortgage lenders are offering new products to help those struggling to...

23 May 2023

From: Breaking News

Mortgage rises put squeeze on buyers

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

28 March 2023

From: Breaking News

Record year for building society

Newcastle Building Society has reported record lendings for 2022 of £586 million. Significant support was provided to Members, clients, and colleagues during...

07 March 2023

From: Breaking News

Young people more likely to opt for trackers, says Uswitch study

People aged 18-24 are more than twice as likely to choose a tracker mortgage than any other age group Those 55 or...

07 February 2023

From: Breaking News

Stormy weather for homebuyers but forecast is brighter

The Bank of England last week hiked interest rates by 0.5 percentage points - pushing the benchmark rate to 4% up...

07 February 2023

From: Breaking News

Buy or Rent - buying a home remains cheaper than renting

New findings by Revolution Brokers suggest that despite the increasing cost of borrowing, buying is less expensive than renting.  The analysis was conducted by...

01 November 2022

From: Breaking News

Revealed - why now could be the right time to remortgage

New research by Revolution Brokers show that the average monthly cost of a variable rate mortgage has climbed by 13.3% so far...

18 October 2022

From: Breaking News

Oh dear! Mortgage payments see second largest increase

Not the best news for the property sector, as the latest research by Revolution Brokers, shows that the monthly cost of...

06 October 2022

From: Breaking News

Revealed - TAB lends £34m in August

Hertfordshire-based bridging lender TAB completed an impressive £34 million of loans back in August – up from £30 million in June...

20 September 2022

From: Breaking News

Revealed - mortgage costs increase up to 21.5%

New findings by Revolution Brokers reveal exactly how much more money homeowners and buyers can expect to pay for their mortgage...

15 September 2022

From: Breaking News

Moving in a positive direction – expert reacts to interest rate rise

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

Mortgage applicants likely to experience difficulty to be approved for loans

A property expert has predicted that mortgage applicants are likely due to experience some difficulties being approved for loans. It was stated...

26 April 2022

From: Breaking News

Home movers: Tips for spring cleaning your mortgage

As the weather begins to warm up, many will be starting to think about giving their homes a seasonal spring clean....

05 April 2022

From: Breaking News

Opinion: What do the cost of living and interest rates mean for mortgages?

As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...

22 March 2022

From: Breaking News

Pandemic pinch – 3.2m adults have missed some form of major payment

Some 3.2 million adults in the UK have missed some form of major payment over the last two years as the...

15 March 2022

From: Breaking News

Homebuyers: How could an interest rate rise affect you?

With the interest rate rising from 0.25% to 0.5%, Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners...

22 February 2022

From: Breaking News

Mortgage roundup – new year, new products, new rates

In the first mortgage roundup of 2022, Introducer Today takes a look at the latest mortgage news, from Landay’s bolstered Green...

18 January 2022

From: Breaking News

Homeowners – how could an interest rate rise affect you?

With the Bank of England raising interest rates for the first time in more than three years, Brian Murphy, head of lending...

23 December 2021

From: Breaking News

Homeowners – five cost-cutting steps for mortgage repayments

Nisha Vaidya, mortgage expert at Uswitch, explains how homeowners can use low-interest rates to their advantage and help make their mortgage more...

28 October 2021

From: Breaking News

People willing to pay £1,200 more a year for a ‘certainty premium’

Most people are willing to pay a ‘certainty premium’ of £1,200 per year for a long-term guarantee of fixed mortgage repayments,...

21 October 2021

From: Breaking News

Advice and tips for self-employed mortgage applications

The past year has seen many people experience a change in their financial circumstances. The Covid-19 pandemic resulted in work-life changes...

04 June 2021

From: Breaking News

Mortgage roundup – a diverse range of products just in time for Easter…

Vernon Building Society has announced a new competitively priced mortgage, available up to 90% of the property’s value. The mortgage is designed...

01 April 2021

From: Breaking News

MCI Club extends later life lending panel with LiveMore Capital

The MCI Mortgage Club has added LiveMore Capital to its panel, expanding its range of products to include retirement interest-only (RIO)...

12 August 2020

From: Breaking News

Paragon launches buy-to-let discounted variable rate mortgages

Paragon has launched a new range of buy-to-let purchase and remortgage products for portfolio and non-portfolio landlords. The discounted rates for two...

19 November 2019

From: Breaking News

Hinckley & Rugby offers retirement interest-only discount

Intermediaries can now access a discount for term retirement interest-only (RIO) mortgage from Hinckley & Rugby. The building society is offering its...

04 September 2019

From: Breaking News

Borrowers at risk if tracker rates fall – claim

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

New Dudley BS scheme to tackle HTB and shared ownership

Dudley Building Society is giving customers the chance to consolidate their mortgage and rental payments from a shared ownership or Help...

07 August 2019

From: Breaking News

Roma Finance launches five-year mortgage for property investors

Bridging and development finance lender Roma Finance has launched a five-year mortgage to allow investors to purchase or refinance investment property. Through...

02 August 2019

From: Breaking News

Hinckley offers exclusive retirement interest only mortgage through L&G

Hinckley & Rugby Building Society has launched a Retirement Interest Only (RIO) mortgage exclusively through Legal & General Mortgage Club. Members of...

03 May 2019

From: Breaking News

Borrowers pay £15.4 billion in ‘unnecessary’ SVR interest each year

A staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting on their lenders’ standard variable rate (SVR),...

23 November 2018

From: Breaking News

Leeds launches buy-to-let variable mortgages from 1.14%

Leeds Building Society has launched two new discounted but-to-let mortgages. The society aims to support landlords to actively manage their property portfolios...

23 November 2018

From: Breaking News

Larger deposit borrowers see market share squeezed

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

17 October 2018

From: Breaking News

One in three homeowners unaware of their mortgage rate

As many as one in three UK homeowners don’t know what mortgage rate they are on, potentially costing them thousands of...

17 October 2018

From: Breaking News

Bluestone Mortgages launches new Help to Buy range

Bluestone Mortgages has announced the launch of its new Help to Buy range which will cover the England and London schemes. Available...

03 October 2018

From: Breaking News

TMA Club adds Masthaven to its lender panel

TMA Club has welcomed Masthaven, the specialist lending bank, to its lender panel to provide a broad range of products to...

24 May 2018

From: Breaking News

Demand for five-year fixed deals drops to annual low

Demand for five-year fixed rate remortgages has fallen to the lowest level since July 2017, according to conveyancing service provider LMS. The...

27 April 2018

From: Breaking News

Newbury Building Society launches new Shared Ownership variable product

Newbury Building Society has introduced a new variable rate product at 2.99%, further improving its Shared Ownership mortgage offering. While the product...

16 January 2018

From: Breaking News

Legal & General and Shawbrook team up for new product launch

Legal & General Mortgage Club has added two Shawbrook Bank products to its lending panel.   The products cater for second charge and...

21 December 2017

From: Breaking News

Remortgaging reaches record levels, says lender

Remortgaging has reached a record high, rising to 39% of all mortgages, according to The Mortgage Hut. The number of remortgages has...

05 December 2017

From: Breaking News

Variable mortgage enquiries soar despite bank rate rise

Borrowers are still opting for variable mortgages despite the Bank of England base rate increase, new figures from Yorkshire Building Society...

14 November 2017

From: Breaking News

Hesitant borrowers turn to fixed rate mortgages

Yorkshire Building Society has seen a surge in fixed rate mortgage applications from borrowers ahead of a potential Bank of England...

31 October 2017

From: Breaking News

Darlington Building Society launches discount mortgage to L&G Mortgage Club

Legal & General Mortgage Club has joined Darlington Building Society to introduce exclusive discount mortgages, aimed at first-time buyers, homeowners or...

05 September 2017

From: Breaking News

Shawbrook drops rates on 55 Plus Interest-Only Mortgage

Shawbrook’s Residential Mortgages team announced that it has lowered the fixed and variable rates on its 55 Plus Interest-Only Mortgage. With interest-only...

31 August 2017

From: Breaking News

TMA launches remortgage product via The Melton Building Society

TMA Mortgage Club is giving its members an exclusive fee-free 75% LTV discount rate deal following its partnership with The Melton...

29 August 2017

From: Breaking News

Mortgage holders are at risk of losing £400 a year despite being loyal customers

Bank customers are at risk of paying an extra £400 if they chose not to remortgage after their fixed term deal...

01 August 2017

From: Breaking News

Remortgaging boom a sign of growing uncertainty, says broker

A significant rise in people re-mortgaging to improve their existing homes could hit the new-build property market during 2017, mortgage broker...

22 February 2017

From: Breaking News

Vida Homeloans cements new relationship with Mortgage Intelligence

Vida Homeloans and Mortgage Intelligence have announced a new tie-up, allowing Mortgage Intelligence members access to Vida’s specialist residential mortgage range. Vida,...

17 February 2017

From: Breaking News

Furness launch two new products

Two competitive variable rate products for 90% loans have been launched by Furness Building Society. Suitable for first-time buyers as well as...

24 August 2016

From: Breaking News

Furness Building Society launches two new products

Two competitive variable rate products specifically for loans between £300,000 and £500,000 have been launched by Furness Building Society. Suitable for loans...

26 July 2016

From: Breaking News

Teachers Building Society launches new Help to Buy mortgage

Teachers Building Society has announced the launch of a Help to Buy mortgage which will be discounted for two years. The new...

17 June 2016

From: Breaking News

One in three don't know their mortgage rate

One third of UK mortgage holders don't know what interest rate they are on, new research shows. This means that than 5 million people...

19 May 2016

From: Breaking News

Mortgage approvals hit two-year high

New figures show the housing market defying the traditional seasonal slowdown in December as mortgage approvals hit a two-year high. The number of...

02 February 2016

From: Breaking News

Newcastle launches two buy-to-let fixes

Newcastle Intermediaries (NI) has updated its buy-to-let mortgage range by unveiling two new fixed rates. The two-year fixed rate product charges 2.59% (APR...

25 January 2016

From: Breaking News

Newcastle unveils two-year broker fixed rate

Newcastle Intermediaries has launched a new best buy two-year fixed-rate as new figures show rates continue to fall. It has unveiled a two-year...

09 December 2015

From: Breaking News

Stafford Railway BS lends up to age 85

Stafford Railway Building Society is reminding older borrowers that they can take advantage of its standard variable rate mortgage up to...

27 November 2015

From: Breaking News

HSBC cuts mortgage prices

HSBC has announced a reduction in a wide range of home loan rates. The bank has cut the cost of a...

02 October 2015

From: Breaking News

Why now is perfect time to remortgage

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

Homeowners unprepared for interest rate rise

Homeowners with variable rate mortgages remain dangerously exposed to rising interest rates, new research suggests. Three out of four homeowners on a...

08 September 2015

From: Breaking News

Buy-to-let bonanza as rates fall while deals hit 1,000

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

Four out of five opt to fix as tracker sales slump

Four out of five new mortgages are fixed rates as borrowers increasingly turn their back on tracker deals. Borrowers are also fixing for...

14 August 2015

From: Breaking News

No bank rate hike this year, brokers say

Brokers and analysts don't expect base rates to rise until at least 2016 after the Bank of England held base rates...

07 August 2015

From: Breaking News

Fixed rates now cheaper than variable rates

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

Paradigm unveils Marsden BTL exclusives

Paradigm Mortgage Services has announced the launch of two new Marsden Building Society buy-to-let products, available exclusively to its members. These are...

25 June 2015

From: Breaking News

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