Latest mortgage news - Mortgage Buyers

29 Oct 2018

Homeowners need £40k extra to live in English market towns

Living in a picturesque English market town costs homeowners £41,633 extra with the most expensive within the London commuter belt.

24 Oct 2018

Fixed mortgage rates increased from record lows over the year

Record low rates are a thing of the past as fixed mortgage deals increase in cost over the year despite competition from lenders.

12 Sep 2018

Remortgage buyers rise 23% to secure fixed deals before rate rise

The number of remortgage buyers locking into attractive deals has increased 23% ahead of the Bank of England rate rise.

13 Aug 2018

Interest rate rise likely to increase mortgage costs for homeowners

The Bank of England has raised interest rates by 0.75% which increases the cost to homeowners with variable rate mortgages.

11 Aug 2018

London first time buyers need £115,000 deposit to buy their home

First time buyers must have a deposit of £115,000 to secure their first home as London house prices rise 48% in the last ten years.

25 Jul 2018

First time buyers pay 13 times their earnings to own London property

London house prices exceed first time buyer annual earnings by 13 times and is more than twice the multiple of the North East.

23 Jul 2018

Fee free mortgage numbers from lenders reach new highs

Residential mortgage numbers have reached a new high and of these 40% are offered without arrangement fees from lenders.

12 Jul 2018

First time buyer purchases rise strongly despite affordability limits

The number of first time buyers increased 20% for the month and up for the year even though higher house prices limit affordability.

25 Jun 2018

Five year fixed rate mortgage deals more competitive from lenders

Lenders are eager to attract long term business with competitive five year fixed deal only slightly more expensive than shorter term rates.

23 Jun 2018

Living in seaside towns is good for your wealth and happiness

Desirable seaside towns on the South coast will cost you £627,000 but much less in the North of Britain and still rank highly on the happiness score.

14 Jun 2018

Remortgage buyers return by locking into attractive fixed-rate deals

The number of people remortgaging has increased by 36% for the year as homeowners lock into new competitive deals.

08 Jun 2018

Homes close to supermarkets can add £40,000 to house prices

Having a premium brand supermarket on your doorstep can add over £40,000 to the value of your home or twice that of budget stores.

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