Brokers can look forward to a strong second half of 2024, according to an industry leader. Rob Jupp, group chief executive at...
Archive
![Big banks drop rates and likely to trigger copycat cuts](/upload/images/Shutterstock-only%20images/Property%20Market/3-MortgageRates1.png)
HSBC has made extensive cuts to rates levied on a vast range of residential and buy to let mortgages, coming into...
26 June 2024
From: Breaking News
![Sharp Criticism for obstinate Bank of England over rate hold](/upload/images/shutterstock_2189935121(1).jpg)
There’s been particularly sharp criticism for the Bank of England’s decision at the end of last week to hold base rate...
24 June 2024
From: Breaking News
![Higher Mortgage Rates sucking life out of the housing market](/upload/images/240617%20%2001.jpg)
A number of major mortgage lenders have announced rate increases just as the election campaign enters its second half. Barclays has increased...
17 June 2024
From: Breaking News
![Good news as High Street borrowers cut rates once again](/upload/images/24%2005%2020%20%2002.jpg)
There was good news over the weekend as rates reductions announced late last week kicked in. Barclays has cut a number of...
20 May 2024
From: Breaking News
![Interest Rate impact on Mortgages - a six month analysis](/upload/images/24%2005%2013%20%2003.jpg)
Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...
13 May 2024
From: Breaking News
![Shock as major mortgage lenders increase rates](/upload/images/24%2004%2024%20%2001.jpg)
Five major lenders - NatWest, Barclays, Accord, Leeds Building Society and HSBC - have all announced rate increases so far this...
24 April 2024
From: Breaking News
![Bank of England Base Rate Cut - when will it happen?](/upload/images/240402%20%2002.jpg)
The Bank of England has signalled that more than one interest rate cut is likely this year - but the question...
02 April 2024
From: Breaking News
![Rates Continue to Fluctuate Across Mortgage Sectors](/upload/images/240325%20%2003.jpg)
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](/upload/images/24%2003%2018%20%2002.jpg)
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
![BTL fixed rates plummet as product choice rises again](/upload/images/24%2003%2004%20%2003.jpg)
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
![Most Rates Up Again - optimism plummets amongst brokers and analysts](/upload/images/24%2002%2026%20%2002.jpg)
It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...
26 February 2024
From: Breaking News
![Will stable inflation prompt a rate cut? Or will the Bank stick?](/upload/images/24%2002%2021%20%2005.jpg)
Diverse views have emerged from financial services figures in response to last week’s news that the headline rate of inflation remained...
21 February 2024
From: Breaking News
![Octane Capital issues a brutal warning on mortgage rates](/upload/images/240214%2005%20%20by%20Jonathan%20Samuels.jpg)
By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...
14 February 2024
From: Breaking News
![Lenders sacrifice profits for volume as rates fall yet again](/upload/images/24%2001%2015%2003.jpg)
The war between rival mortgage lenders continues with Halifax late last week undertaking its second re-price of the year (and it’s...
15 January 2024
From: Breaking News
![Bank of England Will Cut Rates sooner rather than later, say experts](/upload/images/24%2001%2008%2002.jpg)
A poll of leading economists for London-focussed business newspaper City AM reveals that some believe a Bank of England base cut...
08 January 2024
From: Breaking News
![Swap Rate falls trigger speculation of early 2024 rate cut](/upload/images/23%2012%2027%201.jpg)
Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...
27 December 2023
From: Breaking News
![Falling swap rates indicate lower mortgage rates - eventually](/upload/images/23%2012%2020%203.jpg)
Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...
20 December 2023
From: Breaking News
![Average Mortgage Rates Continue To Drop](/upload/images/__thumbs/23%2010%2009%2002%20by%20Graham%20Norwood.jpg/23%2010%2009%2002%20by%20Graham%20Norwood__400x267.jpg)
It’s now the tenth week that average rates of dropped, as the slow but steady downward trend of fixed-mortgage rates continues. As...
09 October 2023
From: Breaking News
![Is The Mortgage Price War Really Over?](/upload/images/__thumbs/23%2010%2009%2003%20by%20Graham%20Norwood.jpg/23%2010%2009%2003%20by%20Graham%20Norwood__399x266.jpg)
Is the mortgage price war really over? On the one hand there are good signs for the housing market - no substantial...
09 October 2023
From: Breaking News
![Mortgage approval boost means broker advice ‘needed more than ever’](/upload/images/2_MortgageCalculated(3).png)
Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...
04 July 2023
From: Breaking News
![Backing for 24-hour Mortgage Product Withdrawal Pledge](/upload/images/CoupleMakingOffer-400x310.png)
Support appears to be growing for a campaign to improve lender communication and increase the notice given about withdrawn mortgage products. Brokers...
13 June 2023
From: Breaking News
![Accord bucks upward swaps trend with further rate cuts](/upload/images/Accord%20nucks%20swap%20rates%20by%20cutting%20mortgages%20-%20Introducer.png)
Accord is once again cuts rates across its residential mortgage range by between 0.15% and 0.25%, at a time when market...
25 April 2023
From: Breaking News
![Accord cuts rates at the double!](/upload/images/Shutterstock-only%20images/Property%20Market/BalancingPercentages-400x310.png)
Accord Mortgages is making further changes to its buy-to-let and residential rates. For the second time in as many weeks, buy to...