LATEST NEWS
Homeowners better off than renters
Monthly mortgage payments are now cheaper than monthly rental prices, according to Halifax. Good news for anyone thinking of buying their first property. Homeowners are nearly £500 better off annually than renters, according to Halifax. The lender has revealed that...
‘The UK will avoid a recession this year’
In his Spring Budget, unveiled on 15 March, the Chancellor said that the Office for Budget Responsibility has predicted that the UK won’t enter a recession. Chancellor Jeremy Hunt has today unveiled his Spring Budget and announced that the UK won't go into recession....
House prices went up in February
House prices slightly increased last month, and prices have been stable in the past three months. They remain higher than pre-pandemic levels. House prices went up slightly in February, according to Halifax. The lender has just published its latest House Price Index,...
How the pandemic affected house prices
The first lockdown started almost three years ago, and the housing market was expected to stall, but in reality, it didn’t stall for long. House prices in the UK have increased by 20.4% over the last three years, compared to just 7.8% over the previous three years,...
MB Associates to open new mortgage shop
MB Associates is proud to announce the opening of its new mortgage shop soon. Located at 27 Stonecot Hill, Sutton, SM3 9HB, the MB Associates Mortgage Shop will be the perfect place for anyone who would like to speak to an experienced adviser in person about anything...
House prices are stable
Despite annual house price growth slowing in all nations and regions in January, Halifax reports that prices are stable – even with the cost of living crisis. UK house prices remained stable in January, according to Halifax. The lender has just published its latest...
The base rate goes up to 4%
Another base rate rise has just been announced by the Bank of England. Find out what the rate rise means for you and what’s happening with mortgage interest rates in general. The Bank of England has just increased the base rate from 3.5% to 4%, which is the tenth...
Mortgage interest rates keep coming down
Despite today's Bank of England base rate increase, mortgage interest rates look set to keep falling and should be below 4% in a few weeks, according to industry experts. Updated on 2nd February 2023 A few weeks ago, we reported that mortgage interest rates were...
What’s happening in the mortgage market?
Our Sales Manager, Phil Leivesley, shares his views on current property prices and mortgage interest rates and what they could mean for you. If you plan to move house this year, or you're a potential first-time buyer, you might be wondering what's happening in the...
Mortgage interest rates are dropping
The property market will benefit from interest rates going down, and rates are expected to keep falling. Good news for anyone looking to buy their first home, move house or remortgage this year – mortgage interest rates are dropping. Rates went up after the...