MoneySavingExpert News

Mortgage

Mortgage prisoner review launched amid concerns even MORE homeowners could be trapped on expensive rates

More homeowners than previously thought could be trapped on expensive mortgage rates and unable to switch, the Financial Conduct Authority (FCA) has admitted.

26 July 2021

First ever sub-1% five-year mortgage fix launched by Nationwide – check if you can take advantage of record low rates

Nationwide's deal is another reminder of the fierce competition between lenders – there's no better time to check if you could save £1,000s on your mortgage

21 July 2021

Martin Lewis: 'Mortgage rates drop below 1% – check urgently if you can switch & save £1,000s'

New mortgage deals are at their LOWEST EVER rates, with two-year fixes down to 0.95% and five-year fixes at 1.17% (though in some cases they load the cost in the form of hefty fees). That means huge savings are possible for some.

16 June 2021

'Lowest ever' rates on two and five-year fixed mortgages launched - check if you can save £1,000s

Platform and NatWest have today launched fixed-rate deals with the lowest ever interest rates seen on a two-year and five-year fix respectively, according to brokers. But while these mortgages won't necessarily be best for everyone, the headline-grabbing rates of 0.95% and 1.17% indicate that competition between lenders is currently fierce. So check now if you can save £1,000s on your mortgage.

2 June 2021

Accord launches low-deposit mortgage for homebuyers – but it's not around for long

Accord has launched a short-lived 10% deposit mortgage deal. But is it any good?

4 November 2020

Beware mortgage payment holiday calculation errors – make sure you aren't being overcharged

If you're taking a mortgage holiday, check what your payment will change to when you start repaying. Here's what you need to know about what to look out for.

28 April 2020

1.6 million payment holidays offered to mortgage holders affected by coronavirus

One in seven UK mortgages is now subject to a payment holiday, after 1.6 million mortgage breaks were offered to customers who have been impacted by Covid-19

28 April 2020

Martin Lewis to fund large-scale research to help free 170,000 mortgage prisoners

A new study at the London School of Economics and Political Science (LSE), funded by MoneySavingExpert.com founder Martin Lewis, will look to find solutions to unchain 170,000 'mortgage prisoners'

4 February 2020

Birmingham Midshires pays compensation to mortgage customers

Birmingham Midshires is paying compensation to some customers after wrongly calculating their monthly mortgage payments, and one customer has already received over £1,600. Here's what you need to know

3 July 2019