LATEST NEWS

House prices fall in November

House prices fall in November

Halifax’s latest House Price Index shows a price drop in November, but the lender points out that the last few years have recorded some of the biggest price increases we’ve ever seen. House prices fell by -2.3% in November compared to -0.4% in October, according to...

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Update on the Help to Buy: Equity Loan scheme

Update on the Help to Buy: Equity Loan scheme

The government’s equity loan scheme on new build homes has now closed for applications, but if you applied before the end of October, you may still be eligible for the loan. We explain the terms and conditions that remain in place until next March. The government’s...

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The property market slows down

The property market slows down

Homebuyer demand has dropped, and property prices are expected to continue to fall, but the Office for Budget Responsibility cautiously predicts prices will rise again in 2025. House prices are predicted to fall by around 9% between the end of this year and September...

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MB Associates advisers nominated ‘Top Brokers’

MB Associates advisers nominated ‘Top Brokers’

Our founder and Managing Director, Monica Bradley, along with several of her colleagues, have appeared in Mortgage Introducer’s prestigious Top Broker Awards. As part of the entry process, the Mortgage Introducer team asked nominees a series of questions relating to...

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Interest rates are coming down

Interest rates are coming down

While interest rates are no longer at the historic lows we saw last year, they are starting to come down and the market is showing signs of stability. The Bank of England base rate has increased steadily all year in a bid to combat inflation. On 3 November, it was...

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Key points from the Autumn Statement

Key points from the Autumn Statement

The Chancellor’s Autumn Statement was issued yesterday (17 November), and there was some good news for homebuyers regarding stamp duty. Here’s a quick summary… Chancellor Jeremy Hunt yesterday revealed his Autumn Statement. The Chancellor said he wants to restore...

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House prices fall as market “cools”

House prices fall as market “cools”

Property prices dipped slightly in October, but it’s important to keep things in perspective, as they have increased by more than 25% in the last three years. House prices fell slightly by -0.4% in October, according to Halifax. The lender has reported that annual...

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Bank of England base rate goes up

Bank of England base rate goes up

In a bid to combat inflation, The Bank of England has increased the base rate to 3%. Find out what this means for your mortgage. The Bank of England has today announced that the base rate has increased from 2.25% to 3%. This is the biggest increase since 1989 and...

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“Stability” may help mortgage rates

“Stability” may help mortgage rates

The increase in fixed mortgage rates appears to have stalled as financial markets eye-short-term stability. Recent changes in government appear to have calmed the markets, with Santander and Yorkshire Building Society both cutting rates last week, according to The...

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