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 […]