All news on the topic: Mortgages

668
Savills profits tumble as 'extremely subdued' global property market takes toll
The estate agency said it had been hit by the lowest levels of sales volumes in real estate markets for a decade, as well as restructuring costs
733
Family 'escape' UK for dream home abroad and live mortgage free after paying £7k
Laura Phoenix, 33, and her husband Anthony, 32, moved 1,941 miles to Strazhitsa, Bulgaria, in September 2023 with their daughters Cecelia, aged four, and Nova, two
756
Halifax to reduce maximum working age for some mortgage applicants
Halifax is reducing the maximum age it will consider earned income for mortgage applicants from 75 years to 70 years and the new rules will be introduced from Monday March 18
782
More choice for buyers as 'solid rise' in sellers putting homes on the market
There has been an increase in sellers putting their homes on the market in February, with the strongest upswing recorded since autumn 2020, according to surveyors
1128
Majority of first-time buyers clubbed together to get on property ladder - TSB
The average mortgage term for first-time buyers has increased, according to new research
427
Households freed from contracts that doubled ground rent every 10 to 15 years
Over 500 households will be freed from "problematic" leaseholds and will have their ground rent returned to the original amount when they first bought their homes
1079
Mortgage arrears jump by over 50% in a year, Bank of England figures show
The value of outstanding mortgage balances with arrears increased by 9.2% from the previous quarter, to reach £20.3 billion, which was 50.3% higher than in 2022, the Bank of England said
1156
Multiple rate rises have impacted first-time buyers greatly, says UK Finance
The number of mortgages handed out to first-time buyers last year was the lowest since 2013, down 22.4% compared with 2022
1196
Sunak 'failed to learn' from Truss as Labour blast £46bn unfunded tax cut plan
Tory plans to abolish National Insurance would cost £46billion, more than the tax cuts announced by the former PM in a budget that sent mortgages skyrocketing
581
Mum who has paid £91k extra on her mortgage told she 'can't afford' cheaper deal
Rebecca Wendel says her monthly mortgage payments are now £2,150 and with a rate of 9.79%, up from £1,049 in August 2022 when she was paying 6.75%
677
Mortgage lending to home-movers slumps to lowest level since 1974 - UK Finance
Mortgage lenders handed out 251,000 loans to home-movers, which is a drop of 26% compared to 2022
392
Mortgage expert says there are 4 things that look worrying on bank statements
If you're thinking about getting a mortgage, you should be aware that there are a number of bank statement transactions that will put lenders off approving your application
1095
Average fixed-rate mortgage fee up by £46 to £1,141 as fewer deals offer perks
A shrinking proportion of mortgage deals are offering free legal fees or cashback, according to a financial information website
1098
Mortgage experts explain if you should lock into fixed deal or move to tracker
Some homeowners may be tempted to move to a tracker over expectations that the Bank of England will cut its base rate at some point this year - but is this the right move for you?
1085
More buyers coming back to market as mortgage approvals and house sales increase
55,227 mortgages for house purchase were approved in January, up from 51,506 the previous month and the highest level since 58,272 approvals were recorded in October 2022
964
House sales up 15% as mortgage rates fall and more properties on market - Zoopla
Agreed sales jumped as demand from buyers was up by 11% and the number of homes for sale 21% higher than a year ago
685
Budget predictions from vaping tax to National Insurance - what it means for you
Chancellor Jeremy Hunt will unveil his pre-election Budget today with measures expected on tax, tobacco levies, fuel duty and mortgages for first-time buyers
569
Brickability shares plummet as building materials firm warns on earnings
The group's shares plunged by as much as 15% in Tuesday morning trading after it said sales will remain under pressure for longer than first feared, affecting earnings
1198
Homeowners hit with 'unclear' charges for roads and green spaces, watchdog warns
The Competition and Markets Authority raised concerns about estate management charges, which it said may come with inadequate protections for consumers
771
Full list of lenders who have hiked mortgage rates this week - including Natwest
The year began with the "mortgage price war" as lenders across the board cut their rates with anticipation that the Bank of England was to cut its base interest rate - however this came to a crashing halt with lenders, including Santander, TSB and RBS, now upping deals
926
Santander's 95% mortgage on new-build homes is boost for 'aspiring homeowners'
The new lower 5% deposit requirement will apply to both new-build houses and flats
1135
Five expert tips to help you get a mortgage - including first-time buyer schemes
From knowing how much deposit to save, to making the use of first-time buyer schemes, we speak to the Co-operative Bank to round up everything you need to know about getting a mortgage
647
HSBC, NatWest and Virgin Money all hiking mortgage rates from today
Major bank and lender HSBC has today pulled its 3.99% five-year fixed rate remortgage deal, meaning the last sub-4% offering has now disappeared from the market
733
Leeds Building Society to limit mortgage lending on holiday lets in hotspots
It will stop new loans for holiday let homes in some areas in a 12-month trial
983
'The obscene profits made by the Big Four banks will stick in the craw'
The Big Four banks' profit gains were made off soaring interest rates, which have cost households hundreds more in mortgage and rental costs - corporations put profits ahead of people