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Budget 2024: OBR lifts forecast for mortgage rates and house prices
Oct 30, 2024 · The Office for Budget Responsibility has increased forecasts for both house prices and future mortgage rates compared to its March predictions. In its latest Economic and Fiscal …
Mortgage strategy: UK latest mortgage news
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TSB adds renter and landlord discount mortgage
Jan 7, 2025 · TSB has launched a mortgage option which it says gives more tenants the chance of buying their home from their landlord. The lender’s 5&5 concessionary mortgage will see …
Historical interest rates in the UK, 1979-2017: rise and fall
Mar 29, 2018 · Black Wednesday September 1992 The UK’s withdrawal from the European Exchange Rate Mechanism on 16 September 1992 meant a rise in the base interest rate from …
Barclays outline rate increases across range – Mortgage Strategy
Nov 13, 2024 · Barclays is the latest major lender to confirm rate increases across its mortgage product range. Changes which come into effect from 14 November include, on residential …
HSBC debuts high earner product, cuts resi rates
Jan 10, 2025 · HSBC will introduce a new fixed-rate product for high earners and launch a range of residential rate cuts on Monday. The high street bank will debut a two-year premier …
TSB announces rate changes across range – Mortgage Strategy
Jan 9, 2025 · TSB has confirmed rate changes across it residential, product transfer and additional Borrowing ranges: For residential, its two year fixed First Time Buyer & Home Mover …
Mortgage industry predictions for 2025 – Mortgage Strategy
Dec 23, 2024 · As the market closes on a somewhat turbulent year, there is cautious optimism within the industry for 2025. The Intermediary Mortgage Lenders Association (IMLA) has …
Budget 2024: Stamp duty on second homes rises to 5%
Oct 30, 2024 · Chancellor Rachel Reeves has increased the stamp duty surcharge on second homes and investment properties from 3% to 5%, effective from tomorrow. Announced in …
Halifax introduces further advance affordability calculator
Oct 8, 2024 · Halifax has launched a further advance affordability calculator. The move comes after the lender streamlined further advance applications on its broker hub last month. It says …