Mortgage Market

The UK’s largest mortgage lender, Halifax, has slashed rates to remain competitive as major lenders compete to undercut each other.  This is excellent news for homeowners and mortgage borrowers for several reasons: Lower Monthly Payments Refinancing Opportunities Increased Buying Power Stimulating the Housing Market Help Ease Financial Stress Attract First-Time Buyers Market Competition Driving Down […]

Nationwide Building Society has reduced selected rates across their range again today, the eleventh reduction in four months, as they try to remain competitive amidst stiff competition from several other lenders jockeying for market share into the first quarter of 2024. The tables below show further Swap Rate reductions in the last three weeks since

Despite last weeks interest rate increase by the Bank of England (BoE) in a further attempt to control inflation the UK’s largest residential mortgage lender Halifax have adjusted their pricing and reduced rates by as much as 0.71% on selected fixed rate product with other big lenders having already done so sparking predictions of a

Following recent reductions in Swap Rates lenders are cutting product interest rates ahead of next week’s Bank of England (BoE) Monetary Policy Committee meeting on 3rd August at which they are widely predicted to increase the Base Rate further in order to keep the pressure on to reduce inflation to their 2% target. If you

The number of residential mortgage products has fallen by almost 7% from 5,385 deals to 5,012, while the number of buy-to-let mortgages has decreased by 14% from 2,748 deals to 2,343 in the last week which is having the predicted impact on mortgage rates with the average rates on a two and five year fixed