Mortgage rates have been on an upward trajectory over a number of weeks. This comes after a period of consistent decreases since the spike in mortgage rates following the Mini-Budget of September 2022. Inflation figures are the driving force behind the latest...
The Return of 100% Mortgages Major news broke in the mortgage market last week with the launch of a new 100% mortgage product – the first time a product like this has been available for well over a decade. Skipton Building Society introduced their “Track Record” 100%...
Interest rates and mortgages have remained front and centre during early-2023, with the Bank of England announcing its eleventh consecutive interest rate rise this week. Bank of England Base Rate now sits at 4.25% – the highest it’s been in over 14 years....
Remortgaging is the process of moving from one mortgage lender to another, usually at the end of the product term. Once a fixed rate product term comes to an end, the interest rate typically changes to the standard variable rate (SVR) of your mortgage lender. SVR is...
Knowledge of the contents of your credit file is always a good idea, particularly when applying for a mortgage. Mortgage lenders run a credit search as part of the application process and in doing so, they’re able to review the contents of your credit file. Your...
With mortgage interest rates higher than they have been for some time, many people in the position to do so are considering overpayments on their mortgage. Mortgage overpayments represent any amount above the minimum payment. The minimum payment is primarily...
