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The number of mortgage products available rose to a 16-year high of 6,629 in June. At the same time, the average shelf-life of a product almost halved.

The number of mortgage products available rose to a 16-year high of 6,629 in June.

A handful of lenders withdrew some of their higher LTV mortgage deals in the last week of May. Find out what this could mean for first-time buyers.

A handful of lenders withdrew some of their higher LTV mortgage deals in the last week of May.

The Bank of England’s Monetary Policy Committee (MPC) voted to keep the base rate at 5.25% today - the first time in almost two years the MPC have opted to keep borrowing costs unchanged.

This is the first time in almost two years the Bank of England’s Monetary Policy Committee (MPC) opted to keep borrowing costs unchanged.

The Bank of England’s Monetary Policy Committee (MPC) voted to make its 14th consecutive base rate increase today.

The Bank of England’s Monetary Policy Committee (MPC) voted to make its 14th consecutive base rate increase today.

This is the 12th consecutive rise to the base rate since December 2021.

This is the 12th consecutive rise to the base rate since December 2021.

From building societies to digital providers, which banks have passed the latest base rate increase on to their savers?

From building societies to digital providers, which banks have passed the latest base rate increase on to their savers?

The retail banking division of HSBC has reduced the rates on more than 30 of its fixed mortgages.

The retail banking division of HSBC has reduced the rates on more than 30 of its fixed mortgages.

The average two- and five-year fixed rate mortgages are at a six month low, according to Moneyfacts data.

The average two- and five-year fixed rate mortgages are at a six month low, according to Moneyfacts data.

Could higher house prices and mortgage rates be here to stay?

Could higher house prices and mortgage rates be here to stay?

Overall buy-to-let mortgage availability has now returned to its highest count since last July.

Overall buy-to-let mortgage availability has now returned to its highest count since last July.

The Bank of England’s Monetary Policy Committee (MPC) voted to increase the base rate by 50 basis points today.

The Bank of England’s Monetary Policy Committee (MPC) voted to increase the base rate by 50 basis points today.

Is the dream of homeownership becoming unaffordable? And how much could monthly mortgage payments bite out of your salary?

Is the dream of homeownership becoming unaffordable?

Considering the challenges first-time buyers face, you might aim to help your adult children, or adult grandchildren onto the property ladder. So, below we have listed three things you should know.

Amid a challenging period for first-time buyers, parents and grandparents are increasingly stepping in to help.

Using data unique to Moneyfacts, we’ve tracked how mortgage rates have changed since 16 December 2021, the day of the first of nine successive base rate increases. In addition we also reevaluate the impact on the mortgage market.

With a potential base rate rise scheduled this week, how have mortgage rates performed over the last year?

Generation Home reduced a range of its fixed rate mortgage options by up to 0.30% yesterday. So how does its new offering compare to the likes of Yorkshire Building Society and NatWest?

How does Generation Home's new offering compare to the likes of Yorkshire Building Society and NatWest?

While market buoyancy is expected, this is the biggest monthly increase at this time of year since 2020.

While market buoyancy is expected, this is the biggest monthly increase at this time of year since 2020.

The raft of reductions apply to first time buyers, remortgage borrowers, and those moving home.

The raft of reductions apply to first-time buyers, remortgage borrowers, and those moving home.

Some UK towns and cities saw average property values increase by more than 15% over the last year, according to Halifax, the UK’s largest mortgage lender.

Some UK towns and cities saw average property values increase by more than 15% over the last year

UK house prices have been hit by the biggest drop in 14 years, with the average UK property costing £7,000 less than it did last month, according to new data from Halifax.

UK house prices have been hit by the biggest drop in 14 years, with the average UK property costing £7,000 less than it did last month, according to Halifax.

The average five-year fixed mortgage rate has dropped below 6% today, having trended above this figure since 5 October.

The average five-year fixed mortgage rate has dropped below 6% today, having trended above this figure since 5 October.

In this article we have listed the change in mortgage rates by some of the UK’s best-known mortgage lenders since the base rate decision.

How the biggest single base rate rise in decades has affected the products offered by mortgage lenders.

UK house prices have started to fall, according to two different house price indices from Nationwide BS and Zoopla. This is largely due to higher borrowing costs which came after the Mini-budget.

UK house prices have started to fall, according to two different house price indices from Nationwide BS and Zoopla.

UK house prices decreased 0.1% in the month of September, according to Halifax, Britain’s largest mortgage lender. The drop means that the average house price has fallen in two of the past three consecutive months.

UK house prices decreased 0.1% in the month of September, according to Halifax, Britain’s largest mortgage lender.

Several lenders have withdrawn all or some of their mortgage rates as the pound slumped to a new low yesterday. In this article we have listed the providers who have halted their mortgage offering thus far.

Several lenders have withdrawn all or some of their mortgage rates as the pound slumped to a new low yesterday.

The Bank of England (BoE) voted to increase the base rate by 75 basis points today, pushing this figure to 2.50% and its highest level in 14 years. The decision comes after the BoE expects inflation to rise further next month.

The Bank of England (BoE) voted to increase the base rate by 75 basis points today, pushing this figure to 2.50% and its highest level in 14 years.

The average house price has grown by 10% over the past year to August, according to Nationwide BS’s house price index. This means annual house price growth has remained in double digits for 10 consecutive months and, over the past two years, the average house has gained nearly £50,000 in value.

The average house price has grown by 10% over the past year to August, according to Nationwide BS’s house price index.

The average UK property price has fallen for the first time this year, according to the latest Rightmove House Price Index. However, the real estate company has attributed this to a seasonal trend and does not reflect broader economic factors.

The average UK property price has fallen for the first time this year, according to the latest Rightmove House Price Index.

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years. It now means the base rate stands at 1.75%.

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years.

Price reductions for UK properties are on the rise, with one in 20 listed properties reducing their asking price by 5% or more in April to mid-May. . By contrast, just one in 22 properties experienced this type of house price cut during the previous month, according to Zoopla, a real estate company.

Price reductions for UK properties are on the rise, with one in 20 listed properties reducing their asking price by 5% or more in April to mid-May.

Prospective landlords or those with a buy-to-let (BTL) mortgage set to mature this year may be interested to see the latest data from Moneyfactscompare.co.uk, which highlights sustained levels of product availability in the sector, but warns that interest rates are rising.

Prospective landlords or those with a BTL mortgage set to mature are warned of sustained levels of product availability and rising interest rates

Most of us know that the value of a home is affected by its size, location, and condition, but there are some more unexpected factors at play too. From the quality of your nearest drinking hole to the toys strewn on your child’s bedroom floor, there are a few things that can have a surprisingly big impact on your home’s selling price.

Most of us know that the value of a home is affected by its size, location, and condition, but there are some more unexpected factors at play too.

UK properties are selling at twice the rate of the normal market in 2019 according to real estate company Rightmove. In addition, in March a seller could expect to spend an average of 33 days before their house was sold, 18 days fewer compared to exactly one year prior. This can be attributed to the increased demand for housing but limited supply, which have also driven house prices in an upward trajectory.

UK properties are selling at twice the rate of the normal market in 2019 according to real estate company Rightmove.

Lower remortgage activity last month can be attributed to fewer remortgage products on the market. Compared to February’s figures, the number of remortgages in March fell 28%, according to the latest LMS Monthly Remortgage Snapshot. However, lenders and borrowers can expect this statistic to be a temporary observation due to a drop in product availability.

Lower remortgage activity last month can be attributed to fewer remortgage products on the market.

Average interest rates on mortgages are at a five-year high, new data reveals, as mortgage lenders price in three back-to-back base rate rises from the Bank of England. The Moneyfacts UK Mortgage Trends Treasury Report has found that the average rate on a two-year fixed-rate mortgage is now 2.86%, the highest level seen since 2015. This is an increase from 2.58% this time last year.

Average interest rates on mortgages are at a five-year high, new data reveals, as mortgage lenders price in three back-to-back base rate rises.

Rising interest rates, soaring inflation, and increased energy bills may have forced consumers to consider 10-year fixed mortgages. Unique Moneyfacts data has registered an increase in search volumes for 10-year fixed-rate mortgage products across our consumer website, which we believe may be a result of economic uncertainty.   During February, 15.32% of mortgage searches on our website were attributed to second-time buyers and remortgage seekers registering an interest in 10-year fixed-rate products. In contrast, this figure stood at 7.77% six months ago and 9.04% in January. We believe this to reflect the current economic conditions. With interest rates on the rise and the increased cost of living not showing any signs of abating, consumers appear to be looking to protect themselves from future mortgage rate hikes. Locking into a 10-year fixed-rate does provide a level of certainty, and this may be appealing in the current climate. However, if you are considering a 10-year fixed-rate mortgage you should be aware of redemption penalties. In essence, these fees will apply if you decide to back out of your fixed-term agreement as a means of cover for the lender. Some redemption fees can be as high as 8% of your outstanding mortgage balance, which will likely dissuade you from swapping providers for a better deal.  

Rising interest rates, soaring inflation, and increased energy bills may have forced consumers to consider 10-year fixed mortgages.

Its new 95% loan-to-value ratio mortgage’s fixed rate is not far behind the lowest mortgage rate on the market. Nottingham Building Society launched a new 2-year 95% loan-to-value mortgage with a fixed-rate of 2.39%. This means its new product, which is only available via intermediaries, is just 0.02 percentage points off the lowest rate on the market. The lender will target first-time buyers with its new mortgage, which includes a product fee of £999. “It’s important to us to do what we can to help first-time buyers achieve their dreams,” said Christie Cook, Head of Mortgage Product at Nottingham Building Society. In addition, Nottingham Building Society has also released another 2-year 95% loan-to-value product with a higher interest rate of 2.78%. This offer includes a £500 cashback offer and no product fees. However, both new offers come with a free valuation. “We aim to keep evolving our products and services – including our focus on our offerings for first-time buyers and those with smaller deposits,” said Cook.

Its new 95% loan loan-to to-value ratio mortgage’s fixed rate is not far behind the lowest mortgage rate on the market.