MOVING HOUSE

The base rate stays the same

The base rate stays the same

The Bank of England has reviewed the base rate and chosen to keep it where it is. The rate currently stands at 5.25%. If the rate had gone up, this would have been the 15th consecutive rate rise. While anyone on a fixed-rate deal would not have been affected, those on...

read more
8 key things to do before you move home

8 key things to do before you move home

Make your forthcoming house move as smooth as possible with our handy checklist of things to take care of before you head for your new abode… Moving home can be both an exciting and daunting experience. Whether moving to a new city, downsizing or upgrading to a bigger...

read more
House prices fall by an average of £14,000 in a year

House prices fall by an average of £14,000 in a year

UK house prices fell by 4.6% annually and 1.9% in August – the most significant monthly drop since November 2022 – but Halifax says it may be a good thing for potential first-time buyers. Latest figures published in Halifax’s House Price Index show that a typical UK...

read more
The base rate goes up to 5.25%

The base rate goes up to 5.25%

The base rate has gone up to 5.25%, marking the fourteenth consecutive increase in the last 18 months. Find out what it means for your mortgage payments. The Bank of England has increased the base rate from 5% to 5.25%. The increase was widely anticipated, despite...

read more
Property demand falls

Property demand falls

Property demand has fallen due to higher interest rates but some lenders have cut rates in the last week.

read more
Inflation dropped in June

Inflation dropped in June

Inflation fell to 7.9% in June, which marked a pleasant surprise for the mortgage industry. So what will happen with interest rates now? Read on… With rising interest rates, and the cost of living still expensive, you could be forgiven for thinking there’s very little...

read more
New Mortgage Charter Scheme Introduced

New Mortgage Charter Scheme Introduced

A new scheme for those worried about rising mortgage payments has been introduced by the government. We look at what it covers – and explain why our message to borrowers is always to seek advice. The government has launched a new Mortgage Charter scheme with lenders...

read more
What to do about rising mortgage payments

What to do about rising mortgage payments

The base rate going up to 5% has shocked many and, of course, means that many people will face higher payments on their mortgages. Here are some key things to consider if you’re worried about rising costs… The recent base rate rise from 4.5% to 5% by the Bank of...

read more
House prices flat in May

House prices flat in May

House prices stayed mostly flat in the month of May, with annual house price growth falling by 1%, according to Halifax. We’ve seen phenomenal house price growth in the last few years, but now the situation is changing. House prices remained mostly static in May. The...

read more