by mortgage-tek.co.uk | Jan 17, 2025 | Mortgage News |
2025 Stamp Duty Changes to Fuel First-Time Buyer Rush UK inflation unexpectedly fell in December to 2.5%, down from 2.6% in November. This marks the first decline in three months and has fueled hopes that the Bank of England may reduce interest rates as soon as next...
by mortgage-tek.co.uk | Jan 15, 2025 | Mortgage News |
2025 Stamp Duty Changes to Fuel First-Time Buyer Rush Significant changes to Stamp Duty Land Tax (SDLT) are set to take effect on April 1, 2025, which could have a major impact on homebuyers and property investors. Whether you’re a first-time buyer, upgrading your...
by mortgage-tek.co.uk | Jan 10, 2025 | Mortgage News |
2025 Stamp Duty Changes to Fuel First-Time Buyer Rush Major changes to the UK’s stamp duty regulations are expected to spark a rush among first-time buyers in early 2025, according to Halifax, one of the nation’s leading lenders. With the average house price in the UK...
by mortgage-tek.co.uk | Jan 3, 2025 | Mortgage News |
Nationwide Confirms Strong Close for UK Housing Market in 2024 UK house prices wrapped up 2024 with a notable 4.7% year-on-year increase, showcasing the resilience of the market despite ongoing challenges. Prices remain slightly below the record high set in summer...
by mortgage-tek.co.uk | Dec 21, 2024 | Mortgage News |
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 hope for borrowers, mortgage costs remain high...
by mortgage-tek.co.uk | Dec 13, 2024 | Mortgage News |
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 £34.8 billion by 2029, according to...
by mortgage-tek.co.uk | Dec 6, 2024 | Mortgage News |
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 in property...
by mortgage-tek.co.uk | Nov 28, 2024 | Mortgage News |
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 Halifax’s New Product: 60%...
by mortgage-tek.co.uk | Nov 22, 2024 | Mortgage News |
Will a UK Interest Rate Cut Reduce 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 downward moves in over four years. Interest rates...
by mortgage-tek.co.uk | Nov 15, 2024 | Mortgage News |
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. Steve Cox, Chief Commercial Officer at Fleet...
