115 results for "mortgage"

The UK's leading lenders have increased fixed mortgage rates in the wake of Budget-related rises in borrowing costs and market uncertainty. Homeowners and buyers now face a tightening market as…

Significant changes are on the horizon for mortgage rates, as Barclays prepares to implement increases across various fixed-rate deals.

Pensioners face uncertainty as the government considers cutting the tax-free withdrawal limit from £268,750 to £100,000.

Mortgage rates under 4% are returning as competition heats up, offering better opportunities for first-time buyers amid Bank of England's rate hold.

First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale...

In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing...

The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In...

The 2024 rise in the amount of households wanting to fix their mortgage rate for just a couple of years is an indication of the fact that homeowners are hopeful...

UK Households have been warned they face a £264 financial gap in their expenses every month despite a considerable rise in their disposable income. UK Households' Disposable Income Rises Amidst...

Mortgage and savings rates have been fluctuating in recent months, despite the Bank of England's base rate remaining steady, according to a financial information website. The research was presented as...

Last April, the UK saw an increase of 1.1% in average house prices over the same month the previous year, says the Office for National Statistics (ONS). This positive trend...

UK housing costs accelerated in May, despite a rise in lending costs slowing the recovery, statistics released on Friday showed. House costs rose by 0.4% in both April and May,...

Banks are increasing mortgage rates at the same time as reducing savings offers, regardless of the central bank's interest rate freeze, which has persisted for several months. Many lenders have...

According to Nationwide, UK house prices dipped in April as prospective buyers faced persistent affordability pressures. UK House Prices Slide as Lenders Raise Mortgage Rates The UK's largest building society...

As of 2024, the UK's mortgage payments had risen by a staggering 60% compared to 2021, giving a clear idea of the financial pressure homeowners are under. This significant jump...

Whether it is the food in your fridge or your monthly mortgage payments, inflation has seen costs rise sharply for UK households over the last two years. Just two years...

The Bank of England base rate is set to fall, offering some good news for UK homeowners with tracker mortgages. This could mean a potential monthly saving of £300 by...

The UK housing market is poised for an active spring, thanks to lower mortgage interest rates and increased buyer confidence. The latest HMRC report shows an encouraging increase in property...

Brokers and housing market analysts predict mortgage rates to fall slightly in the coming weeks. This is due to positive inflation data and an optimistic outlook from the Bank of...

According to the Bank of England, the level of outstanding mortgage balances with arrears surged by over 50% in 2023's fourth quarter in comparison with a year earlier. Bank of...

Building societies are raising alarm bells over the unintended consequences of mortgage reforms implemented in the wake of the 2008 banking crisis. They argue that these reforms, initially aimed at...

The UK housing market maintains its momentum with a fourth consecutive surge in house prices observed in January. Insights from Halifax, a leading mortgage lender, shed light on this trend,...

Rental prices in the UK are on track for significant increases over the next five years, with experts predicting sharp rises fueled by a shrinking supply of rental properties. As…

UK inflation rose to 2.3% in October, surpassing the Bank of England’s target of 2% and raising concerns over potential delays to interest rate cuts. The increase, driven by a…

The UK Budget's tax hikes, particularly the rise in employer national insurance contributions, are set to hit consumer confidence and wage growth in 2025, warn analysts. Reports from Goldman Sachs…

New policies are shaping up to bring huge changes to the cost of moving homes in the UK. These changes are expected to affect buyers as well as renters and…

Average asking prices for UK homes have dropped by over £5,000 this November, reflecting a seasonal slowdown and post-budget uncertainty. While demand has begun to recover, factors like stamp duty…

This Christmas, households in the West Midlands will receive a welcome boost with a direct payment into their bank account. 

Just as the weather is getting colder in the UK, the Department for Work and Pensions (DWP) has restarted its Cold Weather Payment program to offer assistance to households at…

New funding of £421 million means that households in hardship can get up to £500 of much-needed support for energy, food, and necessities.

By 2026, new regulations for “Buy Now, Pay Later” (BNPL) services will introduce enhanced financial protections for consumers.

A DWP rule change could allow many Universal Credit claimants to apply for an additional £1,000 in mortgage support.

The DWP is reaching out to individuals over 66 who may qualify for Pension Credit, aiming to boost their financial support and benefits.

UK households can benefit this winter from the Child Winter Heating Payment, which now ranges from £251 to £502 per child. Eligible households will automatically receive a £58 payment in…

The DWP is informing people about available support to cope with rising living costs as many families face higher bills for essentials like heating, food, and mortgages.

Experts warn that reducing tax-free pension cash could force retirees into debt, downsizing, or delayed retirement. With the October 30 budget looming, many have already made hasty financial decisions amid…

State pensioners living in certain areas in the UK can benefit from the Winter Heating Payment, a lesser-known scheme aimed at helping with heating costs during the colder months.

Households have only a limited time to claim free payments from the Household Support Fund (HSF), which is offering more than £57 million in unclaimed support. This allocation of funds,...

The FTSE 100 danced tantalizingly close to its all-time record on Friday, soaring above the 8,400 mark before losing momentum and closing the day slightly in the red. The London...

A continuing cost-of-living crisis has gripped the people of the UK, ringing in difficulties in day to day life expenses for millions of families. Whether it's shopping or even making...

This winter has witnessed the UK government announce significant changes to the Winter Fuel Payment, and thus thousands of pensioners are being called upon to assess if they qualify for...

The Department for Work and Pensions (DWP) is set to provide state pensioners with two benefit payments this winter, estimated at £175 following the cut of the £300 Winter Fuel...

A savings expert cautions that UK bank account users must act prior to August 1 to receive high interest rates on their investments. Expert Insights on High Savings Rates Ahead...

State pensioners could save hundreds of pounds through new freebies and discounts. In total, there are seven benefits worth up to £11,352. Benefits and Savings Available to State Pensioners Recent...

In Middlesbrough, thousands of residents might be eligible for a £140 payment under the Household Support Fund, an initiative that has been extended by the former Conservative Party government. This...

People who have reached State Pension age and are receiving disability benefits may qualify for an extra £326 each month State Pensioners on Disability Benefits or Carer’s Allowance Eligible for...

New figures reveal that the two-child benefit cap affects about 440,000 families in the UK, as pressure grows on the new Labour government to end the “cruel” policy. Controversial Two-child...

Amidst the Cost of living crisis, state pensioners can enjoy seven amazing freebies and discounts worth a staggering £11,352. The Department for Work and Pensions (DWP) has informed state pension...

Millions of people over state pension age in Great Britain could be failing to claim extra payments of more than £9,544 each year, simply because most of them do not...

Sir Keir Starmer led Labour Party has swept to victory, had a clear majority to form the next government. Starmer speaking on the ability in the just accomplished electoral stated...