UK borrowers’ obsession with interest rates could lead to thousands of pounds in unexpected costs. Here’s how to compare fees and rates to make sure you’re getting the cheapest mortgage.
Nationwide Building Society has become the latest lender to offer mortgages with 5 per cent deposits, and is offering the lowest interest rate yet. It is the largest bank or building society to bring back a 5 per cent product, and the is doing so at the lowest rate available, 3.49 per cent. Nationwide is … Read more
Departing fund manager James Anderson has called on his successors to ‘become more unreasonable and more distinctive’ as his fund recorded the highest annual shareholder return in its history. Net asset value (NAV) at Scottish Mortgage Investment Trust fund rose 111 per cent in the year to March, surpassing even its performances after the Global … Read more
Borrowers with 5 per cent deposits now have more than 100 mortgages to choose from, as the mortgage market bounces back. Over mortgage availability in general is back to 75 per cent of pre-pandemic levels, figures show, with rates as low as 1.27 per cent fixed for five years for those with bigger deposits to put … Read more
First-time buyers are more likely to be rejected for a mortgage than they were before the pandemic, a new study has found. Only one in five first-time buyers were able to get a mortgage on their first attempt, according to Aldermore Bank’s annual survey of people who are trying to get on the housing ladder. … Read more
First-time buyers are more likely to be rejected for a mortgage than they were before the pandemic, a new study has found. Only one in five prospective first-time buyers were able to get a mortgage on their first attempt, according to Aldermore Bank’s annual survey of people who have got on the housing ladder. This … Read more
There is an argument from many experts that climate change is the biggest issue facing the planet. Rarely a day that goes by that we don’t hear about rising sea levels or the worldwide drive to cut carbon emissions – issues that we are told will eventually affect us all if they are not tackled. … Read more
Mortgage prisoners hoping for an end to high interest rates have been left frustrated and angry as MPs voted down a proposed law change that could have cut their bills by hundreds of pounds per month. Mortgage prisoners are borrowers who took out high-interest home loans with lenders such as Northern Rock, which went under … Read more
Is the mortgage price war back? There’s a deal at LESS than 1% and new 95% loans for first-time buyers… but borrowers still face a grilling Hinckley & Rugby BS will launch a two-year discount variable mortgage at 0.99% Meanwhile, a raft of state-backed 95% mortgages went live on Monday Experts say the surge in … Read more
Home loan for LESS than 1%: Lowest rate in a year, new 95% deals for first-time buyers… Are we in for a mortgage price war? Hinckley & Rugby BS has a two-year discount variable mortgage at 0.99% Meanwhile, a raft of state-backed 95% mortgages went live on Monday Experts say the surge in offers is … Read more