The Co-operative Bank is withdrawing most of its market leading mortgage rates, just three days after launching them. Since 1 January, 44 lenders have cut rates on products. But on Monday, the Co-op blew the mortgage price war wide open with a number of best buy deals. It slashed rates across its two, three and … Read more
Barclays and Santander have become the latest major lenders to cut mortgage rates. The two banks join a total of 29 other lenders that have also slashed rates in 2024, according to Moneyfacts. From tomorrow, Barclays will cut rates by up to 0.5 percentage points on products aimed at home buyers, including new best buys … Read more
That dream of buying a French chateau could become closer to a reality this year thanks to a new change in immigration rules. The French parliament has voted through laws that will enable British second homeowners to spend at least six months of the year in France without requiring a visa. This is a climbdown … Read more
Mortgage lenders are cutting rates on a daily basis, leading some to suggest the sluggish property market could be in for a rebound this year. NatWest, First Direct, TSB and MPowered Mortgages all announced mortgage rate cuts today. This followed on from HSBC’s announcement yesterday as well as cuts from Halifax and Gen H at … Read more
Those buying a property or remortgaging this year face a decision that could save them – or cost them – thousands of pounds, depending on whether they choose correctly. That decision is whether to fix their mortgage for two or five years. Before interest rates surged higher towards the end of 2022, five-year fixed rate … Read more
New listings were up 26% on the previous record year, according to Rightmove Number of buyers contacting estate agents was 17% higher than last Boxing Day By Ed Magnus Updated: 00:01 GMT, 4 January 2024 A record number of sellers put their property up for sale this Boxing Day, according to Rightmove. Britain’s biggest online … Read more
HSBC is the latest lender to announce another wave of mortgage rate cuts, including a rate below 4 per cent. From tomorrow, the bank’s cheapest five-year fix for people remortgaging will fall from 4.79 per cent to 3.94 per cent, according to industry insiders. Its cheapest two-year fix will also drop from 4.93 per cent … Read more
Halifax has revealed the areas where house prices rose and fell the most this year, with one location seeing a fall of 15 per cent. Stoke-on-Trent, Perth and Stockport saw the biggest year-on-year falls in property prices this year, the data suggests. Average house prices in Stoke-on-Trent fell £30,978, or 15 per cent, from £205,887 … Read more
By Adele Cooke and John-Paul Ford Rojas Updated: 08:53 GMT, 15 December 2023 Homeowners can look forward to fixed-rate loans falling below 4 per cent within weeks amid a mortgage price war, experts said yesterday. TSB has slashed the cost of its home loans by up to 0.35 percentage points from today. The move follows … Read more
By David Hollingworth For This Is Money Updated: 12:29 GMT, 12 December 2023 My ex-partner and I bought a house together nearly 20 years ago, we were never married. The mortgage is in both our names. Over the years, I have asked my ex-partner to either sell the house and buy one in her own … Read more
