Mortgages

Homebuyers can now use regular Netflix, Spotify and council tax payments to increase their chances of getting accepted for a Leeds Building Society mortgage. The lender has become the first in the UK to start using payment data recorded on Experian Boost when considering home loan applications.

Renters struggling to save for a deposit can now get a 100% mortgage from Skipton Building Society. It's the first no-deposit deal – that doesn't require a guarantor's backing – to launch in the UK since 2008, and MoneySavingExpert.com founder Martin Lewis says it could be a "sensible" option for some. We explain who can get it, how it works and the risks you need to watch out for below.

Homeowners paying over 8% interest on mortgages they can't switch away from say "relentless" rate rises over the past year have destroyed their mental health and left them living as "hermits". Some have seen up to nine hikes in a single year – but unlike other homeowners, these mortgage prisoners can't move to cheaper rates.

Lenders are still cutting interest rates on fixed mortgages despite the base rate continuing to rise. It means a significant gap has opened between the best fixes and variable deals. To help navigate the market, we've spoken to mortgage brokers and analysed what's going on to help you figure out what you should do.

An extra 200,000 homeowners on universal credit are now eligible for state help with their mortgage repayments as changes to the 'support for mortgage interest' scheme have kicked in today (3 April). It means you might be able to get help covering a portion of your monthly mortgage repayments if you're struggling. 

Economic Secretary to the Treasury Andrew Griffith MP has confirmed he will read and seek official advice on the proposals for freeing mortgage prisoners put forward in a recently published report by the London School of Economics and Political Science (LSE).

New guidance designed to help homeowners struggling with their mortgage payments has been published by the financial regulator, though it has been likened to a "thin sandwich" by MoneySavingExpert.com founder Martin Lewis. However, Martin has said he is hopeful the measures put lenders in a position to be able to offer quick-fire support in the event of future interest rate shocks.

A landmark new report published today by the London School of Economics and Political Science (LSE) puts forward costed solutions to the horror of the situation facing up to 200,000 mortgage prisoners, who have been trapped on high rates after their loans were sold by the state to 'closed book' inactive lenders.

The Government has today confirmed that it will "carefully consider" the costed and practical proposals for freeing mortgage prisoners put forward in the recently published report by the London School of Economics and Political Science (LSE).

Interest rates on fixed mortgage deals are expected to fall over the coming weeks, despite the Bank of England increasing the base rate to 4%. MoneySavingExpert.com's founder Martin Lewis explains what you need to know NOW about mortgage rates in the latest episode of ITV's The Martin Lewis Money Show Live. Watch the clip below or read on to find out more.