Longer-Term Fixed Rate Mortgages
Understanding the difference between ‘deals’ and ‘terms’ is crucial Are you pondering over whether to get a long-term fixed rate mortgage? The choice can be overwhelming, with lenders offering two, three, five and even ten-year deals, while others provide options that last even longer. This article will guide you through the different aspects of long-term […]
Embracing Sustainability With ‘Green Mortgages’
Promoting and facilitating environmentally friendly home enhancements The worldwide shift towards sustainability has permeated various industries, and real estate isn’t immune. As we all aim to shrink our ecological footprints, ground-breaking solutions are emerging to make sustainable living a reality. One such innovative idea is the ‘green mortgage’. Here, we’ll explore the concept of green […]
Navigating Rising Mortgage Rates
Practical steps for homeowners and buyers to consider Many homeowners and potential buyers face increasing borrowing costs. However, it’s possible to ease the burden of escalating mortgage payments with the right strategies. Here’s how you can counterbalance the impact of rising mortgage rates.
Decoding Mortgage Choices
Making the right mortgage choice could save hundreds or even thousands of pounds When choosing a mortgage, many borrowers gravitate towards a fixed-rate deal that spans two to five years. This option brings predictability, with repayment amounts staying constant for the duration of the deal.
First-Time Home Buyers On The Rise
Various tactics employed to secure first homes The housing market has witnessed a surge in first-time buyers, with mortgage searches for this group rising by over 20%, according to data[1]. This trend suggests that first-time buyers are capitalising on the current slowdown in the housing market to make their initial foray into homeownership. Despite the […]
Remortgaging To a More Competitive Deal
27% of homeowners with a mortgage are still on a Standard Variable Rate If you’re currently on your mortgage lender’s Standard Variable Rate (SVR), you will have noticed a considerable increase in your monthly repayments due to numerous interest rate hikes by the Bank of England in recent times. According to data, 27% of homeowners […]
