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Rate drop continues…

Average rates across all fixed mortgage terms have fallen since the start of the year. According to research from data provider, Moneyfacts.co.uk the average two-year fixed rate has reduced the most, falling by 0.24% since January this year to 2.52%.…

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‘Bank of mum and dad’ lends £5bn a year in UK

Lending from parents to help their children get on the UK property ladder will amount to £5bn in 2016, according to data from Legal & General (L&G). L&G says it means the so-called Bank of Mum and Dad will help…

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Home owners confident of house price rises in the next six months

25/04/2016
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News
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Despite the current uncertainty in the UK housing market over a possible Brexit, home owners are confident their property values will rise over the next six months, new data has revealed. According to the latest Zoopla Housing Market Sentiment Survey,…

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Who’s afraid of the big bad rate rise?

Interest rate rise on the cards! Terrible news for homeowners! A whole generation of mortgage borrowers who have never seen a rate rise are in for a shock. When they can't afford it, spending will be slashed. The slowdown will…