TSB and Barclays have joined a growing list of lenders increasing mortgage rates, with TSB adding 0.15% to all fixed house purchase products and Barclays following suit. This move comes amid ongoing Bank of England rate adjustments and persistent inflationary pressures. For inves
TSB and Barclays have joined a growing list of UK lenders raising mortgage rates, with TSB increasing fixed rates on all house purchase products by 0.15%. Barclays and other lenders including Skipton Intermediaries and Nottingham Building Society have also adjusted their pricing
Five mortgage lenders have increased their rates following recent volatility in the bond markets triggered by geopolitical tensions in Iran. This move comes as gilt yields spiked, pushing up the cost of borrowing for lenders and, in turn, mortgage rates for consumers. For propert
Mortgage borrowers face a fresh challenge as five UK lenders have increased their rates following recent turmoil in global bond markets. The escalation of conflict in Iran has unsettled investors, pushing yields higher and forcing lenders to adjust mortgage pricing to maintain ma
The latest Lloyds House Price Index reveals a 0.5% decline in UK house prices over the past year, marking the first annual fall since 2023. This shift follows a period of modest growth driven by post-pandemic demand and government incentives. The data suggests that affordability
HSBC UK and its digital mortgage arm Molo are set to increase mortgage rates from 7 September. While the exact scale of the hikes remains undisclosed, this move will affect a broad spectrum of borrowers, including first-time buyers, home movers, remortgagors and buy-to-let landlo
HSBC UK and its digital arm Molo are set to raise mortgage rates from 7 September. While the exact rate hikes have not been disclosed, the increases will affect a broad spectrum of borrowers, including first-time buyers, home movers, remortgagors and buy-to-let investors. This mo
Mortgage rates edged up again this week, with Moneyfacts reporting the average two-year fixed rate climbing to 5.6% and the five-year fixed rate nudging to 5.64%. The driver behind this subtle increase is a rise in swap rates, which are a key component in lenders’ cost of funds.
Mortgage rates in the UK have climbed to levels unseen since the early 1990s, driven by a surge in government bond yields. This shift has direct consequences for borrowers, particularly those on variable or tracker deals linked to the Bank of England base rate or gilt yields. Inv
The latest data from Rushbrook reveals that UK landlords are generating nearly £90,000 annually in gross rental income from an average portfolio of just over seven properties valued at £1.7 million. This suggests a rental yield of around 5.3 per cent before costs, which remains a
Mortgage rates edging higher again could stall the tentative recovery the UK housing market has experienced this summer. After months of elevated borrowing costs, many buyers are already stretched, with affordability squeezed by persistent inflation and wage growth lagging behind
The Mortgage Works has raised the maximum age for first-time landlord mortgage applications from 70 to 75 years. This change applies to loans up to 70% loan-to-value. For investors, this extension broadens the window for entering the buy-to-let market later in life, which could o
