Remortgage searches jump 40% as BoE lifts rate: Twenty7tec  

June 23, 2023by

Broker remortgage searches yesterday jumped by 38.8% to 40,902 enquires, compared to an average Thursday, says Twenty7tec.  ...

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Fixed-rate deals respond to BoE 0.5% interest rise

June 23, 2023by

Average fixed mortgage rates continued to rise this week as the BoE raised interest rates to 5%. ...

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Clydesdale lifts resi and BTL rates by up to 40bps, launches products 

June 22, 2023by

Clydesdale Bank has lifted the rates on all of its existing residential and buy-to-let fixed rate deals by 40 basis...

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MHBS pulls fixes with 48 hours notice 

June 22, 2023by

Market Harborough Building Society says its current fixed-rate home loans will be withdrawn and replaced at 5pm on Friday 23...

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Glenigan points to housing recovery in 2024

June 22, 2023by

The construction sector will continue to contract during 2023, although growth is modest growth is forecast for the sector...

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Gap between landlord two and five-year loans narrows: Landbay  

June 22, 2023by

The gap between two and five-year landlord fixed-rate remortgage options is closing, data from Landbay shows.   Four out of...

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Housing construction falls sharply but 2024 recovery expected

June 22, 2023by

The construction sector will continue to contract during 2023, although growth is modest growth is forecast for the sector...

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Gap between 2- and 5-year BTL remos narrows: Landbay  

June 22, 2023by

The gap between two- and five-year landlord fixed-rate remortgage options is closing, data from Landbay shows.   ...

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Commercial property purchase cheaper than renting: Bionic

June 22, 2023by

It is still cheaper long-term for businesses to purchase a commercial property. The average commercial mortgage repayment is £1,402...

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Bank raises base rate to 5%

June 22, 2023by

The Bank of England (BoE) has increased the base rate by 50 basis points to 5% — its 13th...

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