Following Mark Carney's comments last week that base rates may rise as early as the end of this year!

Followed by increased press coverage on the subject, we are receiving calls daily asking "when should I sign up?"

The answer is simple; today or if not today definitely tomorrow. With major building societies such as Santander and Woolwich withdrawing deals and more likely to follow, it is unlikely that rates will be this low again for a while.

A quote does not secure a rate but an application does so whilst we are not trying to scare people, we are saying if you have secured a new home or decided to re-mortgage there really is no point in delaying your application.

For more information or to find out how simple a mortgage application is please contact us on 01628 507477.

Recent posts

The UK’s chancellor, Rachel Reeves will deliver the Labour government’s autumn budget at the end of the month, we take a look at what could be announced in relation to housing.

Recent research from Halifax has revealed the most sought-after locations for first time buyers in Britain.  

The data which was taken from the Halifax House Price Index looked at areas outside of London where those looking to purchase their first property were buying. Despite high property prices and increased rates, these first time buyer hotspots have remained popular.   

Taking care of your mental health means looking after your emotional, psychological, and social wellbeing. There are several ways we can practice self-care that will help to improve our physical and mental health. This can help to reduce our risk of illness, manage stress, and boost our energy levels!

Buying your first home is very exciting but it can also be very daunting which is why we have set out a “to do list” to help you get started. 

With UK inflation remaining at 2.2% which is slightly above the Bank of England’s 2% target, the decision was made on Thursday 19th September to keep the base rate at 5%.

Virgin Money and Hive Energy introduce new "green" mortgage product called Retrofit Boost Mortgage with the aim to help homeowners improve the energy efficiency of their home by offering cashback between £3,000 and £15,000

According to recent findings by LV= where 4,000 UK adults were surveyed, mortgage holders said that were likely to consider equity release to free up some money to take care of expenditures in later life.

Following the recent decision by the Bank of England’s Monetary Policy Committee to cut the base rate from 5.25% to 5% (the first reduction seen in over four years), we have seen lots of lenders reducing their rates to remain competitive.