Mortgage deals becoming more accessible in good news for first-time buyers
In the early months of 2025, lenders are racing to give the best deals to first-time buyers as the sales market gets off to a strong start. Latest data from Zoopla shows the year has kicked off with higher demand that in 2023 or 2024, as property value growth also starts to steady.
Some sub-4% mortgages will vanish from the market from Friday
One mortgage broker said market movements ‘look to be enough to put some of the very lowest rates in peril’.
Mortgage warning: Sub-4% rates may be 'first to go' as inflation hits 3%
It comes as both Barclays and Santander have launched two and five-year fixed rate mortgages at 3.99 per cent
Stamp duty changes to boost receipts by over £1.1bn: Zoopla – Mortgage Finance Gazette
Upcoming stamp duty changes at the start of April are set to boost receipts by over £1.1bn annually, Zoopla analysis reveals. Zoopla’s data shows that
UK mortgage lending growth set to double with falling interest rates
The UK’s gradual economic recovery is strengthening confidence, according to the EY ITEM Club outlook
Mortgage lending ‘set for a boost in 2025 after two years of suppressed demand’
The UK’s gradual economic recovery is strengthening confidence, according to the EY ITEM Club outlook.
Bank starts ‘full-scale mortgage price war’ with new offer
Deals are available to both buyers and those remortgaging
Santander kicks off new mortgage price war with rate below 4%
The new deals at 3.99 per cent are part of a wider shake-up by the bank of its mortgage rates.
Best UK mortgage deals of the week, 6 February
Find out the latest mortgage rates and deals from HSBC, NatWest, Santander, Barclays and more.
47,000 UK households warned over their mortgage and 'many don't know'
Many UK households have been warned they are “mortgage prisoners” but may not even know they are affected, with tens of thousands at risk of being left stranded in their mortgages.
Best UK mortgage deals of the week, 23 January
Mortgage rules could be relaxed in major shake-up for first-time buyers
The Financial Conduct Authority (FCA) today announced it is looking into simplifying tough borrowing criteria, which could help struggling first-time buyers finally get on the property ladder
What UK inflation drop could mean for interest rates and mortgages
The rate of inflation has ‘unexpectedly’ eased to 2.5 percent, the Office for National Statistics has said
Best UK mortgage deals of the week, 19 December
UK households who have a mortgage slapped with £6,395 warning
The average price tag on a home fell by £6,395 in December, according to the latest figures from Rightmove, published today (Monday December 16).
Santander cuts interest rates across more than 70 products
The rate cuts affect two, three and five-year fixed rate mortgages
Best UK mortgage deals of the week, 12 December
Mortgage rates cut as price war heats up ahead of Christmas
It comes as finance experts are predicting a home sales boom in the coming weeks as buyers attempt to avoid a rise in stamp duty from April 1
Another major bank just cut its fixed rate mortgages
While the cheapest mortgage rates are edging down, the average rate across the whole of the market has been increasing.
Nearly 4.5m households are facing a mortgage timebomb, warns Bank of England
The central bank emphasised that UK lenders remain in a strong position to support households and businesses, even if the economic backdrop deteriorates.
UK mortgage approvals rise to highest since August 2022
British lenders approved the most mortgages for house purchase since August 2022 last month but consumer credit growth slowed slightly to its weakest in nearly two years, Bank of England data showed on Friday.
UK mortgage approvals rose to more than two-year high before Budget
UK lenders approved the most mortgages in more than two years last month as Britain’s housing market proved resilient ahead of the Budget.
Santander, HSBC and TSB increase mortgage rates in spite of Bank of England cut
Santander, HSBC and TSB raised rates by up to 0.3 percentage points
Mortgage rates hiked by major lenders despite fall in base rate
HSBC UK said it is increasing fixed-rate mortgages this week
Mortgage approvals rise for fourth consecutive month
Mortgage approvals for house purchases climbed to 65,647 in September, up 1.1% from 64,958 in August, marking the fourth consecutive month of positive
Number of UK mortgage approvals at highest level since 2022 mini-budget
Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600
Half a million pensioners still haven't paid off mortgage as more fall into debt
Many retirees are still paying off debts which come to an average of £17,000 each, according to new data
NatWest’s mortgage balances rise £3.7bn in Q3
NatWest reported a £3.7bn increase in its mortgage balances in Q3 and an underlying £1.4bn rise in net mortgage lending.
NatWest announces ‘highly aggressive” mortgage cuts
Economists at Goldman Sachs have suggested the Bank of England base rate could come down from the current figure of 5 percent
Cheaper mortgages hit markets as UK biggest banks to unveil results
Some of the UK’s biggest banks are set to shed light on whether borrowers are benefiting from lower interest rates, as the lenders continue to shake off ongoing economic uncertainty.
Bank to streamline mortgage application process for international applicants
International customers often face difficulties in accessing credit facilities from overseas, HSBC UK said.
ECB interest rate cut: Cost of mortgages for almost 200,000 borrowers in Ireland to fall
tracker customers to benefit immediately from interest rate cut and ‘move will also put further downward pressure on variable and new fixed rates’
Best UK mortgage deals of the week, 17 October
UK households hit by mortgage rate warning
Homebuyers told now may be the time to act
Nationwide to launch mortgages at six times' income for first-time buyers
The UK’s biggest building society will let some first-time buyers borrow up to six times their income.
Nationwide launches best two- and five-year mortgage rates as competition hots up
The lender leads the market with the lowest mortgages rates with both two and five year fixes under 4 per cent
First-time buyers can borrow six times income under major lender’s shake-up
Nationwide Building Society is also cutting rates and increasing the maximum amount that people can potentially borrow from Tuesday.
Best UK mortgage deals of the week
Santander to launch cheapest two-year fixed mortgage in over a year
Experts expect mortgage rates to continue on a downward trend in the coming months, even if the Bank opts not to cut interest rates
Halifax and Lloyds customers can take advantage of special mortgage boost
Rising house prices, the cost of living squeeze, high interest rates and affordability challenges mean conditions are the most difficult in 70 years for first time buyers.
Mortgage price war hots up with 3.78% fixed rate from Nationwide
HSBC also goes lower with a five year fixed deal at 3.81%
First-time buyers not seeing benefits of mortgage rate cuts, experts warn
Despite lenders cutting rates to below 4 per cent, these deals tend to only benefit existing homeowners or those with larger deposits
We ask the experts if mortgage rates will keep falling and if you should fix now
The Bank of England cut its base rate from 5.25% to 5% last week, in what would have been a welcome sigh of relief for millions of mortgage holders – but what does this mean for you?
Mortgage price war to heat up as Barclays slashes interest rates: 'Promising sign!'
Banks, including Barclays, are cutting mortgage rates after last week’s Bank of England decision
Average London house price up 1.2 per cent annually as sub-4% mortgages return
Halifax said it expects house prices ‘to continue a modest upward trend throughout the remainder of this year’
What impact will a possible US recession have on UK mortgage rates?
Weak US employment figures led to a stock market correction and recession fears. Here’s what it could mean for homeowners in the UK
I want a buy-to-let in the UK but live in Spain - can I get a mortgage?
A mortgage expert explains why getting a rental property in the UK from abroad can pose some challenges
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