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...
Remortgaging Hits Peak in September as Homeowners Seek to Lock in Better Rates
The latest data from LMS shows a significant increase in remortgaging activity in September, as many homeowners look to secure better mortgage deals amid...
RICS Survey Reveals First House Price Growth in Two Years – A Turning Point for Home Buyers
The UK housing market is showing signs of recovery after two years of stagnation. According to the latest RICS UK Residential Survey for September, house...
Mortgage Works and Halifax Announce Rate Cuts of Up to 0.35% and 0.30%
HSBC has introduced a sweeping range of reductions to its residential and Buy-to-Let (BTL) mortgage products, effective from Thursday, 3rd October. This move...
Bank of England Holds Interest Rates Firm at 5%
The Bank of England has decided to keep interest rates steady at 5%. This decision comes as the bank pauses its efforts to ease financial pressure on...
Nationwide Stuns Market with Bold 0.25% Mortgage Rate Cut
Nationwide Building Society is set to implement significant mortgage rate cuts from today, Friday, 13 September 2024, providing a substantial boost to...
Mortgage Borrowing Hits Two-Year High as Interest Rate Cuts Revive Market Confidence
Mortgage borrowing has reached its highest level in nearly two years, fueled by recent interest rate cuts. The Bank of England reported 62,000 mortgage...
Halifax Raises Loan-to-Income Limit to 5.5x, Offering Greater Support for First-Time Buyers
Halifax is making it easier for first-time buyers to get a mortgage with a new update starting Thursday, August 29. They are raising the maximum...