Labour Proposes Mortgage Guarantee for First-Time Buyers
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...
Average UK house prices rise following previous decline: ONS
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...
Falling Inflation’s Impact on Mortgages, Savings, Investments
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%....
Three UK Banks Announce Reductions in Fixed-Rate Mortgage Costs
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...
How do interest rates affect me, and when will they drop?
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...
Three Major Lenders Set to Increase Mortgage Rates
Learn about the latest developments as three major lenders, Nationwide, Santander, and NatWest, increase fixed mortgage rates. Gain insights from experts on...
How Will Mortgage Rate Hikes Affect the UK Housing Market?
Borrowers are transitioning from favorable two-year fixed-rate deals from early 2022, with the impact of higher rates diminishing throughout the year.Last...
Innovative Mortgage Scheme Targets First-Time Buyers with £5,000 Deposit
This pioneering £5,000 deposit mortgage, introduced this week, aims to bridge the gap for individuals encountering difficulties in accumulating traditional...
Impact of Mortgage Rate Hike on the UK Housing
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.