Latest mortgage news - News

21 Apr 2020

Equity release rates fall to record lows during Covid-19 crisis

Interest rates for equity release products drop to record lows as uncertainty continues over the Coronavirus economic impact.

14 Apr 2020

Mortgage payment holidays given to 1.2 million homeowners

Lenders have agreed to give 1.2 million homeowners impacted by the Coronavirus crisis a mortgage payment holiday.

01 Apr 2020

Fixed rate mortgage costs are lower as lenders withdraw products

The cost of fixed rate mortgages for borrowers has reduced but Coronavirus fears have seen lenders withdraw many products.

27 Mar 2020

Housing demand is 40pc lower with impact from Coronavirus

Demand for housing is lower by 40% last month with the impact of the Coronavirus pandemic changing the market.

20 Mar 2020

Buy-to-let landlords offered mortgage holidays if rent not paid by tenants

The Chancellor has extended the three-month mortgage holiday to buy-to-let landlords if tenants cannot pay rent due to Coronavirus.

17 Mar 2020

Equity release to rescue homeowners with £18,000 income shortfall

Older homeowners are expecting an £18,000 shortfall for their retirement income with equity release offering untapped potential.

16 Mar 2020

Record high asking prices are at risk from spread of Coronavirus

Asking prices in the UK surge to a record high of £312,625 rising 3.5% over the year and now threatened by the spread of Coronavirus.

01 Mar 2020

Top 10 most valuable home improvements you can make revealed

Find out what are the top ten ways you can improve the quality of life that are also the most profitable home improvements.

24 Feb 2020

Retirement interest only mortgages offer more choice to homeowners

Homeowners have access to double the number of retirement interest only mortgages as more providers offer products.

21 Feb 2020

Homeowners are up to 18pc better off per month than renters

Owning your own home is cheaper than renting by up to 18% each month plus the opportunity for equity if house prices rise.

16 Feb 2020

First time buyers given 30pc discount on First Home schemes

The government’s new First Home scheme will give first time buyers a 30% discount to get on the property ladder.

14 Feb 2020

Home movers pay a £33,000 premium to live in market towns

Living in a market town is popular for home buyers and the £33,000 premium paid has reduced by 3% in the last year.

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    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.


    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.


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