Mortgage News & Updates

UK banks are easing lending criteria, offering higher mortgage multiples, up to 6.5 times salary, for high earners. This creates significant new opportunities for contractors, self-employed, and first-time buyers with complex financial situations.

Major UK lenders have cut fixed mortgage rates to 3.5%. We gather expert broker opinions for Day-Rate Contractors, Self-Employed, First-Time Buyers, and complex financial situations on whether to lock in or wait.

Major UK lenders have cut mortgage rates, fueling a booming market outlook for 2026. A new ‘Rent to Own’ scheme also launched, offering a path to homeownership without a deposit for eligible buyers

HSBC has initiated 2026 with significant mortgage rate reductions, following a December Bank Rate cut. Markets anticipate further rate drops to as low as 3%, improving affordability for UK buyers including first-timers and self-employed.

Stamp Duty receipts hit £13.7 billion by November 2025, a 19% increase from 2024. Despite speculation, the Autumn Budget left the ‘outdated’ system unchanged, impacting various UK homebuyers.

The Bank of England has cut interest rates to 3.75%, the lowest since early 2023. This move offers potential relief for UK borrowers, including contractors, self-employed, and first-time buyers, though future cuts may be slower.

UK mortgage rates have fallen to their lowest since September 2022, offering significant savings. This competitive market is a welcome development for diverse borrowers, including first-time buyers and those with complex finances.

The OECD forecasts the Bank of England will conclude rate cuts at 3.5% by mid-2026, offering limited mortgage relief. Borrowers, especially contractors and first-time buyers, should expect a stable but cautious market.

Chancellor Rachel Reeves’ Budget 2025 unveils a ‘mansion tax’ for properties over £2 million and increased income tax on rental earnings, impacting UK homeowners, landlords, and those navigating complex financial situations.