MoneySavingExpert News

Mortgage

Sweeping proposals designed to help people on to the property ladder announced by the Prime Minister – here's what you need to know

Sweeping changes designed to get more people onto the property ladder, have been announced by the Prime Minister today (9 June).

9 June 2022

MSE pressure forces broker Tembo to remove ads encouraging people to pay off student loans by remortgaging

Mortgage broker Tembo has taken down misleading online adverts encouraging people to remortgage to repay their student loans after pressure from MoneySavingExpert.com.

12 May 2022

Fixed rate mortgages below 2% axed from the market as interest rates continue to rise - here's all you need to know

Fixed rates on mortgages have increased rapidly since the start of 2022 and today less than 10 sit at below 2%. If you’re able to switch mortgage or hoping to get a new one and want a deal at current rates, you better do so now as they won’t be around for long.

11 May 2022

Ground rents to be banned on new leases from 30 June saving homeowners £100s/yr – here's what's happening

Ground rent is to be scrapped on new leases in England and Wales from 30 June when the Leasehold Reform (Ground Rent) Act takes force, the Government announced today (22 April).

22 April 2022

Taylor Wimpey leaseholders freed from doubling ground rent clauses – what it means for you

Affected leaseholders’ ground rents will now remain at the amount charged when they first bought their home. Doubling ground rent clauses will also be left out of any future Taylor Wimpey leases.

18 March 2022

Bank of England base rate jumps to 0.5% – what the rise means for you

The rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

15 February 2022

Masthaven Bank to stop offering savings accounts and mortgage loans over the next two years - what it means for you

The provider plans to completely exit these UK markets by the end of 2023 - though there's no immediate change for savers or borrowers.

1 February 2022

Martin's debt costs masterclass: Can't afford to clear your debt? You can't afford not to move it to up to 35mths at 0% saving £1,000s

So as it's January, we're in a cost of living crunch, and New Year debt bills are being received by millions, it's time for my annual interest-cutting masterclass.

18 January 2022

Eight mortgage cost-cutting need-to-knows with interest rate rises on the cards

A UK rate rise is on the cards, so can you lock-in cheaply now to save £1,000s?. Here's Martin's mortgage heads up.

16 November 2021

Fears grow of a spike in mortgage rates as the Government battles to curb rising inflation – check if you can lock in now to save £1,000s

Mortgage rates could dramatically rise after new forecasts from the Office for Budget Responsibility (OBR) show the Bank of England's base rate could rise to 3.5%. This could mean an end to record low mortgage rates, so it's worth checking now if you can lock in to save £1,000s.

28 October 2021