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.
The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.
5 days ago
The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income.
According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes.
More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.
There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.
28 days ago
The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers.
4 Aug 2025
Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer.
A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.