More than 1.4 million households in the UK are facing the prospect of interest rate rises when they renew their fixed rate mortgages in 2023, according to a new report from the ONS. The majority of fixed rate mortgages in…
The past few weeks have been a tumultuous time for anyone in the position of needing a new mortgage, with rates rising almost daily. On 22 September, the day before the then-Chancellor Kwasi Kwarteng’s ill-fated mini-budget, the best rate for…
Confused about your mortgage options? Wondering when this period of ever-increasing interest rates will end? You are not alone. Here’s the latest advice and guidance to help you find some answers The mortgage furore which hit the headlines last week…
Mortgage rates are set to increase further after the Bank of England (BoE) made its seventh interest rate hike in a row. The central bank announced today it had raised the base rate by another 0.5% to 2.25% in a…
Hamptons predicts 0% house price growth annually by the end of next year, but said rents will rise as landlords face higher costs. House prices are likely to stall next year as inflation continues to bite and mortgage rates…
You’ve found your ideal home, but how do you know it really is as perfect as it seems? Here’s how to spot the signs that something may be amiss so you can either negotiate with the seller or walk away…
The average interest rate on a two-year fixed mortgage has exceeded 4 per cent for the first time in almost a decade, following the Bank of England’s latest base rate hike. An average two-year fixed rate mortgage is now at…
Borrowers tempted to snap up a cheap tracker mortgage because of soaring fixed rates are being urged to think twice. Experts warn that while their repayments will be lower now, it could cost them thousands of pounds more in the long…
House prices are continuing to rise in Northern Ireland despite cooling demand for homes, a new survey has shown. A majority of surveyors said house prices increased in Northern Ireland during June, but there are also indications the market has “slowed…
Mortgage rates have soared in the last month with fixed deals experiencing record prices rises. This is according to Moneyfacts.co.uk, which revealed lenders were hiking their fixed rate deals at a faster pace than the Bank of England was raising…