Over the past two days, both Barclays and Nationwide have notified us that they will be increasing their interest rates for new borrowers.
Whilst there is no need to panic as the increases are small, with two of the top five mortgage lenders in the UK increasing their rates, it is significant. Feedback from other lenders is that they are considering a rise in the near future.
The good news is that rates are still historically low with Banks and Building Societies still keen to lend. With this in mind if you are looking at taking out a new mortgage or re-mortgaging there seems little evidence to suggest there is any advantage in waiting.
Click here to check out the latest rates..
Your team at Mortgage Required are available 6 days a week to help you find the right deal to suit your individual needs.
Click here to meet the team or read our reviews.
We would be delighted to hear from you on 01628 507477 or click here to book an appointment.
2 days ago
Keeping the kids entertained over the six-week summer holidays isn’t always easy, especially with the cost-of-living making it even more difficult. Below is a list of fun, inexpensive ideas to do over the break
The Financial Conduct Authority (FCA) has published a discussion paper about the future of the mortgage market in a bid to improve access for first -time buyers, self-employed, and those borrowing in retirement.
Ever wondered where the most reasonably-priced towns for families to buy are? Property company, Zoopla has identified the top 10 towns for families to live in the UK by looking at the most affordable towns, and how many people are looking in that area.
23 days ago
There was a 32% increase last year in 100% loan-to-value (LTV) mortgages which are mortgages that require zero deposit. According to a recent report by chartered accountants and business advisers, Lubbock Fine, the reason behind this is buyers simply struggling to save enough for a deposit.
24 days ago
Many people are quite private when it comes to what is in their bank account. In this short blog, we look into what Brits have saved by age group.
Research from buy-to-let lender, Landbay, shows that UK landlords are looking at raising rents ahead of the Renters' Rights Bill which is due to come into force this year.
Data shows landlords could miss out on green mortgages due to expired energy performance certificates.
Buying a house is a big deal, and where you are planning to buy will make a difference financially. In this short blog, we look at the most affordable and most expensive areas and how much you need to be earning to buy in there.