UK Mortgage Relief: The Timeline for Falling Interest Rates
The Bank of England has held its base rate steady at 4.75% in December, following two interest rate cuts earlier in 2024. While this has provided a glimmer of...
Self-employed mortgage lending to soar 67% in next 5 years: Together
The mortgage market for self-employed individuals is projected to experience a dramatic shift, with lending expected to rise from £20.9 billion in 2023 to...
UK House Prices Reach All-Time High After 1.3% Increase – Mortgage Rate Hikes Loom for Millions
House prices in the UK have risen for the fifth consecutive month, reaching a new record high of £298,083, according to Halifax. November saw a 1.3% increase...
Halifax Unveils 1.5-Year Fixed Rate Mortgage, TSB Updates Interest Rates
Halifax has launched a 1.5-year fixed-rate product for remortgages, offering rates starting at 4.37% and including £250 cashback on all options. Details of...
Will UK Interest Rate Cuts Bring Down Mortgage and Loan Costs?
In November 2024, the Bank of England reduced its base interest rate to 4.75%, following an earlier cut in August to 5%. These reductions mark the first...
Trump’s Victory Could Positively Impact UK Housing Market: SLE
Donald Trump’s recent presidential election win may have a positive influence on the UK housing market, according to experts at the Specialist Lending Expo....
Bank of England Slashes Interest Rates to 4.75%—Here’s How It Affects Your Finances
The Bank of England has taken a significant step by lowering its interest rates for the second time this year, setting the rate at 4.75%. This reduction of...
Chancellor Rachel Reeves has introduced significant changes in the Autumn Budget 2024, aimed at reshaping the housing landscape by increasing stamp...
Unexpected Inflation Decline Sparks Rate Cut Speculations: BoE Insights
Encouraging Inflation News In a recent speech, Bank of England Governor Andrew Bailey shared some positive news about UK inflation. He indicated that...