By Jonathan Gardner

UK banks cutting mortgage rates? In news today, major UK banks have started lowering their mortgage interest rates, offering some much-needed relief to homeowners and potential buyers. This move comes as a response to the economic pressures and the high cost of living, which have made it challenging for many to keep up with their […]

How long does it take for us to feel the benefits of a rate cut from the Bank of England? When the Bank of England finally decides to bring down the lending rate, it will have significant implications for mortgage interest rates and the broader economy. This move is generally seen as a way to

What is the future of the housing market in the UK? If you look towards the next decade, the UK housing market is poised for significant changes, influenced by a confluence of demographic shifts, economic factors and evolving social trends. Here, we explore the expert predictions, demographic data, and economic forecasts that paint a picture

Understanding the role of mortgage brokers in preventing home repossession. Mortgage brokers are like matchmakers in the financial world, working tirelessly to connect homeowners with the best possible loan options. When facing the stress of potential home repossession, a mortgage broker can be an invaluable ally. Their primary job is to act as an intermediary

Embracing Technology: How innovations are transforming the mortgage experience for homeowners. Technological advancements have made a significant impact on many aspects of our lives and the mortgage industry is no exception. If you’re a homeowner or looking to buy a home, you’ll find that recent innovations can make the mortgage process smoother, more transparent and

Does your lender subscribe to the UK Mortgage Charter? Recent data from UK Finance gives the impression that before the general election many mortgages would have expired before the nation votes on the 4th July. If you’re one of the many struggling to meet mortgage payments, understanding the charter’s provisions could be a game-changer. But

Are people defaulting on mortgages? I never like to be the bearer of bad news but, since the beginning of 2024, mortgage lenders in the UK have been increasingly concerned about a rise in mortgage defaults. This trend has been observed and reported by multiple financial institutions, and it paints a worrying picture for both

Data shows an increase in homes being repossessed. The recent UK Finance report indicates a significant increase in home repossessions for the first quarter of 2024. The data reveals that 870 homeowner-mortgaged properties were repossessed, a 36% increase from the previous quarter and a 9% rise compared to the same period last year. This spike

A finance manifesto for mortgages? Not sure about you guys, but all I have been  hearing about this last week is manifesto this and manifesto that! This led me to look into these manifesto’s and whilst searching, I found that UK Finance has released its own manifesto for financial services including mortgages, which has some

Can a change of Government impact mortgages and interest rates? As the UK approaches its upcoming general election, there’s a lot of speculation about how a change in government could impact various aspects of daily life, including mortgages and interest rates.  The government plays a significant role in the housing market through its policies and