Mortgages

Two major house builders have been ordered to remove 'unfair' leasehold clauses that allow them to double ground rents every 10 or 15 years. It comes after the competition watchdog found these terms can make it 'impossible' for people to sell or get a mortgage

15 September 2021

Halifax has launched a two-year fixed mortgage with a record low interest rate of 0.83%. It comes amid a mortgage rate war with five-year fixes also dropping below 1% for the first time EVER last month. It's yet another reminder to check whether you could save £1,000s on your own mortgage now.

9 August 2021

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

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

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

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

The House of Commons has struck down a proposed amendment to the Financial Services Bill, which would have seen interest rates capped for certain mortgage prisoners.

27 April 2021

The House of Lords has voted in favour of an amendment to the Financial Services Bill, which could see interest rates capped for certain mortgage prisoners.

15 April 2021

Accord Mortgages will become the first lender to bring back standard 5% deposit mortgages after the majority of lenders pulled out of the low deposit market a year ago due to fears the coronavirus crisis would have a negative impact on borrowers' ability to afford loans

16 March 2021

MoneySavingExpert.com founder Martin Lewis has had his calls urging for Government action to help struggling mortgage prisoners heard in the House of Lords this week.

11 March 2021