LATEST NEWS
What does the inflation drop mean for mortgages?
Inflation fell to its lowest rate for two years in October, and the latest month-on-month drop was slightly larger than anticipated. What does this mean for the mortgage and property market? Consumer Price Index (CPI) inflation (which relates to goods and services)...
Locations where house prices have risen
Over the past year, we’ve seen house prices decline in general, but some regions of the UK have seen prices move in a positive direction. Read more… Despite average house prices falling by 3.9% over the past year, some areas in the UK have bucked the trend and seen...
House prices went up in October
A slight increase in property prices was seen last month by Halifax, despite sellers being more cautious and buyer demand being down UK house prices went up in October for the first time in six months, according to Halifax. The lender says average house prices rose by...
The base rate stays at 5.25%
The base rate holds firm at 5.25%, which is good news for anyone on a tracker or standard variable rate mortgage. The Bank of England has reviewed the base rate and chosen to keep it at the current level of 5.25%. The next review will occur on 14 December, and...
What do the latest inflation figures mean for interest rates?
Inflation remained steady last month, and food prices came down. Will this mean that interest rates could come down further? Read more… Inflation remained the same in September, staying at 6.7% despite fuel prices rising. Economists had predicted a drop to 6.6% but...
Monica Bradley wins Mortgage Adviser Of The Year Award
PRESS RELEASE 6.10.23 – For immediate release MB Associates' managing director Monica Bradley has been awarded Mortgage Adviser of The Year at this year’s Financial Reporter Women's Recognition Awards. The awards took place on Thursday, 5 October 2023, at the...
House prices see a modest fall in September
House prices dipped slightly, and Halifax has described the property market as a ‘buyer’s market’. UK house prices fell in September, but the pace of the monthly decline has slowed, according to Halifax. The lender, who published its latest House Price Index on 6...
First-time buyer numbers drop
Despite fewer people buying their first home, the first-time buyer market still accounts for over half of borrowers. And with house prices decreasing, many people may still have an opportunity to get onto the property ladder. The number of first-time buyers has fallen...
Mortgage interest rates have come down
Good news for home movers and first-time buyers. Major lenders have cut mortgage interest rates, with some fixed rates rates coming down below 5%. Mortgage interest rates have gone down more substantially than we’ve seen recently. Santander, the Bank of Ireland and...
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...