Mortgage lender Halifax is imposing a new 70-year age limit on the terms of its home loans for some borrowers. This has...
Archive
![Worst Case Scenario - mortgage costs up hundreds per year](/upload/images/24%2002%2021%20%2004.jpg)
A specialist lender claims that first-time buyers could see annual mortgage costs climb by £398 per year, while landlords suffer a...
21 February 2024
From: Breaking News
![Two year fixes fall by fastest rate since 2022 - Moneyfacts](/upload/images/24%2002%2019%20%2003.jpg)
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 seek larger deposits - help may be on the way](/upload/images/24%2001%2029%2003.jpg)
New research from Aldermore suggests that some 55 per cent of prospective first time buyers are currently seeking to raise a...
29 January 2024
From: Breaking News
![First Time Buyers may get 25 year fixed term mortgages under Labour](/upload/images/24%2001%2022%2003.jpg)
Shadow Chancellor Rachel Reeves says first time buyers could benefit from a "revolution in home ownership" with 25-year fixed-rate mortgages. Reeves says...
22 January 2024
From: Breaking News
![Landlords hit hard by Soaring Mortgage Costs - new data](/upload/images/24%2001%2003%20%2004.jpg)
Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...
03 January 2024
From: Breaking News
![Unique mortgage affordability tool launched by digital broker](/upload/images/__thumbs/23%2011%2008%201.jpg/23%2011%2008%201__400x268.jpg)
A digital mortgage broker has launched an online tool aggregating data from over 50 Buy to Let lenders to calculate what...
08 November 2023
From: Breaking News
![Many More 35-Year Mortgages - new figures show surge](/upload/images/__thumbs/23%2010%2011%2003%20by%20Graham%20Norwood.jpg/23%2010%2011%2003%20by%20Graham%20Norwood__399x266.jpg)
New data from Experian reveals that one in four mortgages lent to those under 30 now have a term of 35...
11 October 2023
From: Breaking News
![Four in 10 borrowers will be retired when their mortgages mature](/upload/images/__thumbs/23%2009%2013%203.jpg/23%2009%2013%203__400x254.jpg)
Equifax data has found that 41 per cent of live mortgages in the UK are held by customers who will be...
13 September 2023
From: Breaking News
![Huge Rise in Popularity of 35 Year Mortgages - new figures](/upload/images/3%20HousePrices_balancing-400x310.png)
New Freedom of Information data from the FCA - gathered by Quilter, the wealth manager and financial adviser - reveals that...
01 August 2023
From: Breaking News
![UK Finance reminds lending sector of obligations](/upload/images/4%20BalancingPercentages-400x310.png)
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](/upload/images/__thumbs/Nightmare%20on%20Re-Mortgage%20Street%20-%20warning%20of%20woe%20ahead.jpg/Nightmare%20on%20Re-Mortgage%20Street%20-%20warning%20of%20woe%20ahead__400x266.jpg)
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
![Young people more likely to opt for trackers, says Uswitch study](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated.png)
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
![Finance expert offers spoonful of sugar to mortgage holders](/upload/images/Finance%20expert%20offers%20intro%20team%20Adrian%20Anderson%20-%20Anderson%20Harris.jpg)
Mortgage holders swallowed another bitter pill last week when the Bank of England raised interest rates for the tenth consecutive time. The...
07 February 2023
From: Breaking News
![Mortgage crisis – 90% of arts and culture employees can’t remortgage](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageApplication_400x310.png)
Mortgage rates in the UK have risen significantly during 2022, which appears to have proven an issue for homeowners hoping to switch...
01 November 2022
From: Breaking News
![Buy or Rent - buying a home remains cheaper than renting](/upload/images/Shutterstock-only%20images/Rental%20Market/BuyRent-400x310.png)
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](/upload/images/Shutterstock-only%20images/Property%20Market/remortgage_400x310.png)
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
![Property forecast - mortgage repayments are predicted to rise by £300 per month](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceRising_400x310.png)
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
![Devastating hit for homebuyers as mortgage costs climb](/upload/images/Housing%20Market%20%26%20Property%20Images/MortgageStatement-400x310.png)
As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...
27 September 2022
From: Breaking News
![Revealed - mortgage costs increase up to 21.5%](/upload/images/library/Mortgage-House-Keys-400x310.jpg)
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
![Want to set up camp in the Capital? Here's how to fund a prime London property](/upload/images/Developments%20%26%20Projects/PrimeHomesUK02-400x310.png)
If you’ve ever been to the capital, then you’ll know that there are plenty of high-end homes, some for sale or...
16 August 2022
From: Breaking News
![Revealed – how much does a 50 year mortgage really cost?](/upload/images/library/MortgageRates-1-Wide.jpg)
New research by estate and lettings agent, Barrows and Forrester, uncovered the interest rates that homebuyers with a 50-year mortgage are...
14 July 2022
From: Breaking News
![Homebuyers: How could an interest rate rise affect you?](/upload/images/Housing%20Market%20%26%20Property%20Images/House-in-Hand-400x310.jpg)
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
![Homeowners – how could an interest rate rise affect you?](/upload/images/library/interest-rate-warning-24715.png)
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](/upload/images/library/MillennialPayingLaptop-400x310.jpg)
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
![Mortgage roundup – “Outstanding” products for lenders and consumers](/upload/images/library/House-Percentage-MortgageRates-400x310.jpg)
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
![Number of mortgages for 40 years or more jumps 20-fold in a year](/img/default/it.png)
The number of 40-year mortgages approved jumped over 20-fold in 2018, up from only 162 in 2017, according to ludlowthompson. The London...
26 July 2019
From: Breaking News
![Leeds launches buy-to-let variable mortgages from 1.14%](/img/default/it.png)
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
![Variable mortgage enquiries soar despite bank rate rise](/img/default/it.png)
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
![Accord figures show a remortgage rush](/img/default/it.png)
Figures from Accord Mortgages show a jump in remortgage applications over the summer, with borrowers grabbing competitive mortgage deals ahead of...
08 September 2017
From: Breaking News
![Mortgage gap closes as high-LTV loans get cheaper](/img/default/it.png)
The gap between mortgage rates at different LTVs has narrowed dramatically, making life easier for borrowers with small deposits. Mortgage rates for borrowers...
24 May 2016
From: Breaking News
![Leeds launches lowest ever 10-year fix](/img/default/it.png)
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
![No sign of mortgage rate hike this year](/img/default/it.png)
Mortgage rates look set to remain unchanged this year as the Bank of England held base rates once again yesterday. Analysts have pushed back...
15 January 2016
From: Breaking News
![Britons unprepared for rising mortgage rates](/img/default/it.png)
Britons are unprepared for rising mortgage rates even though nearly three-quarters would see their monthly repayments rise if the base rate...
14 January 2016
From: Breaking News
![Yorkshire BS launches outstanding 95% LTV fix](/img/default/it.png)
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 gets better for first-time buyers](/img/default/it.png)
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
![One in three don't know their mortgage rate](/img/default/it.png)
One in three mortgage holders have no idea what rate of interest they are paying, new research shows. This is despite growing...
08 December 2015
From: Breaking News
![Tax crackdown threatens buy-to-let boom](/img/default/it.png)
New figures confirm that buy-to-let continues to outperform the mortgage market but industry experts warn that the forthcoming tax crackdown may...
16 September 2015
From: Breaking News
![Over 600,000 will use pension to clear mortgage](/img/default/it.png)
More than 600,000 Britons intend to use all or part of their pension to help repay their mortgage balance, new research...
28 August 2015
From: Breaking News
![Demand for 30-plus mortgage terms soars](/img/default/it.png)
The appetite for longer-term mortgages is soaring as homebuyers look to stretch out their repayments to make them more affordable, new...