Mortgages and Property News

Homeowners who aren’t on fixed-rate mortgages could see their payments rise by over £1,000 per year as interest rates continue to climb, Chancellor Rishi Sunak warned colleagues.He told colleagues in...

A homeowner looking to remortgage could pay £800 more per year now than if they locked in a rate just five months ago, as lenders cull their best deals following recent base rate hikes.Mortgage broker...

The cost of the average UK home has jumped £44,000 over the past two years, as the housing market shook off lockdowns and the recent strain on households budgets.Nationwide Building Society revealed...

The average UK house price climbed by 10.8% or £27,000 between December 2020 and December 2021 to hit £275,000, according to the latest House Price Index from the Office for National Statistics (ONS)...

Few homebuyers have used the mortgage guarantee scheme launched by the government last spring, as lenders independently reintroduced the highly-leveraged loans the government was offering to shore...

The two recent hikes in the Bank of England’s base rate have increased the annual cost of the average mortgage by hundreds of pounds, according to analyses by two mortgage brokers.In December, the...

Mortgage approvals slumped and house sales fell by more than half in the first weeks after the end of the stamp duty holiday in October, according to new data from HMRC and the Bank of...

A new mortgage from Kensington Mortgages will allow borrowers to lock in their rates for up to 40 years. But while some homeowners will benefit from the certainty of fixed mortgage bills, brokers warn...

Already posting huge gains in the current account market, digital bank Starling has snapped up a £1 billion mortgage book from specialist lender Kensington, as the startup seeks to grow ahead of an...

Underneath headline-grabbing cuts to the tax on alcohol and fresh funding for transport, Thursday’s Budget contained a stark warning from the Office for Budget Responsibility (OBR) that will impact...