Latest mortgage news - Mortgage Buyers


06 Oct 2021

Homebuyers pay £40,000 more to live in the most efficient properties

Energy prices are rising and people pay a ‘green premium’ of £40,000 to live in the most efficient properties rather than less sustainable homes.

10 Sep 2021

Mortgage rates reduce further for those with the most equity

Lenders reduce rates as low as 0.84% for home movers and remortgage buyers with the most equity with more competition.

16 Aug 2021

Winchester is the least affordable UK city to live and work

Winchester replaces Oxford as the least affordable city to live and work with the highest average property prices now 14 times annual earnings.

29 Jul 2021

Mortgage deals under 1pc increase with competition from lenders

The number of mortgage deals offering 1% interest or less has increased as lenders compete for new and existing borrowers.

21 Jul 2021

Savings during lockdown release you from your mortgage early

UK savings reached £200bn during lockdown and overpayments could reduce interest costs and clear your mortgage years earlier.

28 May 2021

Fixed rate mortgage deals under 1pc as lenders compete for borrowers

Fixed rate mortgages are cut to 0.99% for borrowers with large deposits looking to remortgage as competition increases from lenders.

09 Mar 2021

New 5pc deposit mortgage scheme backed by the government

The government's new 5% deposit mortgage scheme aims to help any home buyer that is struggling to get on the property ladder.

28 Dec 2020

Stamp duty holiday extension not being considered by government

The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.

21 Oct 2020

Mortgage rates rise as number of deals fall with cautious lenders

Mortgages numbers have halved in the last three months and rates are higher as cautious lenders prepare for the end of the furlough scheme.

14 Aug 2020

Homeowners benefit with lower rates from HSBC mortgage deals

HSBC has cut rates to 1.14% on higher loan to values benefiting existing homeowners looking to move or remortgage.

18 Jun 2020

Nationwide triples deposits by withdrawing mortgage deals

With an uncertain mortgage market Nationwide has removed their high loan to value mortgage deals for new buyers, tripling deposits.

15 May 2020

Fixed rate mortgages fall to record lows with fewer products

Two and five year fixed mortgage rates have reduced to historic lows giving you the chance to save money by switching to a preferential rate.

Call for your free quote 0800 955 0058

  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

    CONTACT

    Address:
    9th Floor, 30 Crown Place
    London, EC2A 4EB

    Phone:
    0800 955 0058

    Email:
    info@londoncitymortgages.co.uk

    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2021 © London City Mortgages.
    Website designed & developed by Spyre Media