Staggering 90 per cent of £500k-a-year professionals denied a mortgage January 29, 2024 UK corporate high-flyers making more than half a million pounds per year are being rejected for mortgages, a new report has found.
Mortgage rates war: As sub-four deals appear on the market, how low will they go? January 27, 2024 Britain's mortgage price war has shown signs of slowing as macroeconomic uncertainty casts doubt on the outlook for interest rate cuts and a wider rebound.
Sunak considering one per cent deposit mortgage scheme in bid to win over young voters: report January 21, 2024 The Treasury is reportedly looking at introducing a scheme guaranteeing mortgages for first-time buyers with deposits of just one per cent.
Surprise inflation uptick poses new challenge in mortgage price war January 17, 2024 Mortgage rates continue to edge downwards as almost 50 lenders have offered new deals since the start of the year, although brokers warn that a surprise increase in inflation could buck this trend.
Mortgage rates are falling — how low could they go in 2024? January 11, 2024 More than 30 British lenders have slashed their home loan prices in the last two weeks as 2024 kicks off with a mortgage price war.
Mortgage options reach 16-year high as banks offer lowest rates since June January 8, 2024 The number of mortgage options for borrowers has reached its highest level in almost 16 years, according to financial information website Moneyfacts, as banks slash rates to compete for business in a smaller market.
Mortgage price war set to intensify as Halifax, HSBC lead charge slashing rates January 3, 2024 The new year has kicked off with a mortgage price war, according to brokers, as lenders slash deals to compete for business in a market under pressure from high interest rates.
Shares in banks and housing firms rise on sharp inflation slowdown December 20, 2023 Shares in banks and housebuilders jumped on Wednesday morning after fresh inflation data came in lower than expected, boosting hopes for interest rate cuts in the first half of next year.
LendInvest swings to loss on mortgage woes, has cut more than a quarter of staff December 19, 2023 AIM-listed lender to homeowners and buy-to-let landlords hit by increased competition
Mortgage lending to keep falling next year after steep drop in 2023 December 11, 2023 Mortgage lending is expected to keep falling next year after dropping by more than a quarter in 2023, according to banking trade body UK Finance, as borrowers are squeezed by high interest rates and household finances.