All news on the topic: Mortgages

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Nationwide slashes mortgage rates by up to 0.81 percentage points
The changes were announced as another major lender said it is tweaking some of its mortgage rates upwards.
576
Martin Lewis warns simple mistake could stop you getting a mortgage
The MoneySavingExpert.com founder used his ITV Martin Lewis Money Show broadcast this evening to discuss all things mortgages and housing - and issued a warning to applicants
1217
Britain sees 60,000 fewer property millionaires in 2023, study says
The total number of property millionaires fell by 8.3% (60,260) during the year to the end of 2023, with higher mortgage costs and tougher housing market conditions having an impact
742
Take this quiz to test your knowledge of house moving jargon
It comes as six in 10 adults are left baffled by jargon associated with moving house - such as capital gains tax, desk underwriting, and porting your mortgage
854
Bank of England warns of mortgage and credit card debt crisis as defaults rise
The Bank of England has warned that default rates on mortgages and credit cards are rising - and are expected to increase further in the coming months
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Three things you need to do now if your mortgage deal is ending soon
Approximately 1.6 million fixed-rate mortgage deals are due to expire in 2024, if this is you, then there are steps that you will need to consider says mortgage expert at Quilter Karen Noye
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Top 40 achievements that Brits are most proud of - such as raising a child
Paying off their mortgage, and getting their first job, are other things that most fill adults with a sense of pride, the research found
946
Mortgage price war ramps up as more than 30 lenders slash borrowing costs
Mortgage borrowing costs are coming down because market analysts are expecting the Bank of England to finally start cutting its base rate, which is currently at 5.25%
675
Average mortgage rate lowest for seven months - but homeowners will still suffer
According to the financial information website Moneyfacts.com, as of today the average two-year fixed rate mortgage is sat at 5.83% - down from the average of 5.87% yesterday
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NatWest boss in 'staggering' claim it's 'not that difficult' to buy first home
NatWest's Sir Howard Davies, was asked by BBC Radio 4's Today programme when it would be easier for people in the UK to get on the property ladder and in response he said: "I don't think it is that difficult"
532
Mortgage price war ramps up as another major lender slashes rates below 4%
First Direct announced it was reducing rates across its entire range of repayment mortgages from tomorrow (January 5) with the biggest cut on its 10-year fixed rate mortgage
1192
HSBC slashes mortgage rates to below 4% as ‘price war’ heats up
HSBC says its new deals will be introduced on Thursday and will include a two-year fixed remortgage deal for 4.49% and a five-year deal for 3.94% - the lowest rates the UK has seen since June last year
1067
Mortgage bills fall by £160 a month as lenders kick off 'rates war' for 2024
With more lenders cutting rates, mortgage broker Ranald Mitchell, of Charwin Private Clients, said the “unprecedented rate war is well underway” noting that “seismic moves” were to be expected in the coming months
946
Top 10 compromises first-time buyers will make to get on the property ladder
These include the size of the garden, the number of bedrooms and bathrooms - and even the location of the property, the research found
717
The Conservatives do not fit the bill - families are fed-up of sky high prices
Household bills are on average £326 more than a year ago, food inflation is still averaging nearly 10% and rents and mortgages are set to rise again, while wages are flat-lining
508
Mortgage boost as Bank of England predicted to cut rates sooner than expected
The cost of a five-year fixed-term mortgage has fallen below 4% after inflation came in lower-than-expected at 3.9% for the 12 months to November
950
Gary Glitter pays off mortgage on £2million penthouse while still behind bars
Documents have shown the debt on Gary Glitter's £2million mansion in central London has now been cleared, 26 years after he was arrested for heinous sex abuse crimes
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Interest rates held at 5.25% again by Bank of England - but warns cuts unlikely
The Bank of England base rate, which influences the interest rates offered by banks and lenders, has remained at 5.25%
622
Interest rates held at 5.25% for third time - how it affects your money
The base rate has now remained at 5.25% for the last three Bank of England meetings - we explain what it means for your mortgage, credit card and savings
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Mortgage relief for millions as average 2-year fixed deal falls to six-month low
Mortgage rates surged in the wake of Liz Truss’s bungled mini-Budget last year, and they had already been on the rise after a wave of rate hikes by the Bank of England to cool inflation
574
Bank of England warning as millions to see monthly mortgage costs rise by £240
According to the Bank of England's twice-yearly Financial Stability Report, a further 900,000 people could see an increase of more than £500 on their mortgage repayments
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Woman lives in cow shed because she can't afford rent despite working full time
Beata, who is in her 50s, had been living in a mobile home before her landlord went into mortgage arrears and the site was repossessed earlier this year
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More than one in 10 young adults expect their parents to help them financially
Over a third of millennials and Gen Z adults still rely on the bank of mum and dad to pay certain bills for them - receiving over £550 a year from their parents
1023
Homeowners may receive compensation payout after being sold 'rip off' mortgages
Solicitors at the legal firm Teacher Stern are set to represent around 160 homeowners in a case at the High Court against the Bank of Scotland - which is now part of the Lloyds Banking Group - next month
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Mortgage warning as 500,000 Brits to face payment hikes in next three months
Analysis collated by household money-saving app Nous.co shows around 460,000 households are coming to the end of their fixed-rate mortgages over the next three months