December Mortgage Update from Purely Financial
After a period of uncertainty, the mortgage market has taken a welcome turn. Some rates are now appearing below 4%,and lenders are showing increasing confidence as economic conditions stabilise. This shift is particularly encouraging for buyers and those considering a re-mortgage, as it suggests we may be entering a more favourable mortgage climate. A key […]
Autumn Mortgage Market Update
Mortgage Market Update from Purely Financial There’s positive movement in the mortgage market. With the Bank of England’s base rate now at 4.00%, lenders have started trimming rates on both two- and five-year fixed deals, making borrowing a little more affordable. Shorter-term fixes in particular are becoming increasingly attractive with many under 4% now, and […]
UK Mortgage Update
We’re pleased to share some encouraging developments in the UK mortgage market that could benefit both home movers and first-time buyers alike. After a period of economic adjustment, we’re now seeing increased stability in lending conditions, with lenders showing renewed confidence and competitiveness. Fixed-rate mortgage deals have begun to soften in recent weeks, offering a […]