News 

The Bank of England reports rising mortgage and rent costs impacting household savings and financial resilience, while UK banks remain well-positioned to support despite global uncertainties.According to the Bank of England, approximately three million households will...

Lenders are increasingly raising rates, with some reducing them and others withdrawing products. New and attractive mortgage deals are also entering the market.This week, the number of lenders raising rates on selected fixed mortgages significantly outpaced those...

Labour pledges to make permanent a scheme for low-deposit mortgages, aiming to fulfill the dream of home ownership for first-time buyers.Labour has announced it will make permanent a scheme designed to ensure low-deposit mortgages are available for first-time buyers...

The annual inflation rate for average UK house prices was 1.8% (provisional estimate) in the 12 months leading up to March 2024, compared to a revised estimate of -0.2% in the 12 months leading up to February 2024.This information is based on the latest data from the...

Telegraph Money details how declining price increases will affect your finances.In April, inflation dropped to 2.3%, a welcome decline from March's 3.2%. Despite this, it remains above the government's 2% target. The decrease raises hopes for a Bank of England rate...

Barclays Bank, HSBC, and TSB announce reductions, reversing some of the price increases seen in recent weeks.The interest rate on a fixed mortgage remains unchanged until the deal expires, typically after two or five years, at which point a new deal must be chosen....

In May, the Bank of England maintained interest rates at 5.25%, but cuts are anticipated later this year. These rates influence mortgage, credit card, and savings rates for millions across the UK.An interest rate indicates the expense of borrowing money or the benefit...

Learn about the latest developments as three major lenders, Nationwide, Santander, and NatWest, increase fixed mortgage rates. Gain insights from experts on navigating this evolving market.Three prominent lenders, including Nationwide, Santander, and NatWest, have...

Borrowers are transitioning from favorable two-year fixed-rate deals from early 2022, with the impact of higher rates diminishing throughout the year.Last week's economic data unfolded predictably. Core inflation dipped slightly more than forecast, while services...

This pioneering £5,000 deposit mortgage, introduced this week, aims to bridge the gap for individuals encountering difficulties in accumulating traditional down payments. Unlike conventional five-year mortgage products, this scheme comes with a fixed interest rate of...

Currently, borrowers are transitioning from favorable two-year fixed-rate agreements made at the onset of 2022, but the repercussions of elevated rates are expected to alleviate gradually throughout the year.

Ultimate Guide to Income Protection: Secure Your Future Navigating life's uncertainties can be daunting, but income protection stands as a steadfast ally, shielding you from financial hardship when illness or injury interrupts your earning ability. This insurance is...

‍When it comes to purchasing a property, most people require a mortgage to finance their dream home. However, taking on a mortgage is a significant financial commitment that necessitates meticulous financial planning and consideration. One of the key factors to...

Mortgage Affordability Calculator: An Essential Tool for Home Buyers Owning a home is a dream that many of us aspire to achieve. However, before taking the plunge into homeownership, it is crucial to determine what you can afford and how much you can borrow. This is...

CIS Contractor Mortgages: A Comprehensive Guide for Professionals In the realm of professional contractors, securing a mortgage can be a daunting task. Traditional lenders often find it challenging to understand the unique financial landscape these professionals...