Mortgages and Property News

First Direct has become the latest lender to allow anxious homeowners and buyers to lock in mortgage payments for a decade and dodge coming interest rate hikes.The internet-only bank has launched a...

Santander will extend its mortgage offers by one month as it processes a “high volume of applications.”Mortgage offers from the lender typically last six months. Temporarily, they will last seven...

Homeowners whose two-year fixed-rate mortgages lapse in September of 2023 should expect to pay an average of £163 per month more when they refinance.The analysis from Capital Economics assumes a 75%...

Barclays has snapped specialist lender Kensington Mortgages for £2.3 billion, part of a scramble for mortgage books as interest rates rise, despite the threat of recession.Kensington offers loans to...

48% of adults believe that homes would be affordable to young adults if they could drop certain luxuries, such as Netflix, holidays, takeaways and mobile phone contracts. The research, - carried out...

Nearly a third (29%) of mortgage applications whose income was at or below the UK average were offered smaller loans than they requested, jeopardising their property purchase, according to the latest...

With house prices booming to a 10-year high, interest rates rising, and inflation increasing pressure on finances, many potential home buyers and sellers are eager to complete transactions. But people...

Landlords face paying more than £1,600 per year as interest rates on buy-to-let mortgages jump to the highest rate since September 2015.In May, the average interest rate on a two-year fixed-rate...

Nationwide Building Society is now allowing homeowners to borrow up to 6.5 times their income, up from 4.49 times, a change the lender says will help first-time buyers and mortgage prisoners.From...

The average rates for two- and five-year fixed-rate mortgages have more than doubled in just eight months, pushing up average monthly payments by more than £100.The best deals for two-year fixes from...