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.
Recent posts
According to Nationwide Building Society’s latest House Price Index, house prices dropped 0.6% month on month in May – the first monthly decline this year.
Best UK Mortgage Rates this Week
5 days ago
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Most Affordable UK Spots for First-Time Buyers
14 days ago
Research from Lloyds identifies the most affordable areas in the UK for first-time buyers to be able to get onto the property ladder.
On Wednesday, 13th May, King Charles delivered his speech at the House of Lords, outlining the government’s plans for the upcoming year.
Here is a summary of the housing and energy/environment points.
From 18th May 2026, Halifax (part of Lloyds Banking Group) is launching a ‘£5k Deposit mortgage’ to help first-time buyers get onto the property ladder sooner.
Homeowners could be faced with paying over £3,000 more per year on their mortgage if the conflict in the Middle East continues, following new analysis from INTEREST from Moneyfacts.
Renters' Rights Act
28 Apr 2026
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
Green Mortgages | Rewards and Benefits
28 Apr 2026
Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer.
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