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House sales dip but average fixed mortgage rates hit a six-month low

The number of house sales in February was 18% lower than in February 2022, but there have been recent signs of some mortgage rates edging down. ....

United Kingdom , Northern Ireland , Jason Tebb , Nick Leeming , Rhys Schofield , Mark Harris , Iain Mckenzie , Nicky Stevenson , Carl Howard , Knight Frank , Rachel Springall , Peak Mortgages , Property Professionals , Hm Revenue And Customs , Bank Of England , Tom Bill , Northern Ireland , Knight Frank ,

House sales dip but average fixed mortgage rates hit a six-month low

The number of house sales in February was 18 lower than in February 2022, but there have been recent signs of some mortgage rates edging down. ....

United Kingdom , Northern Ireland , Rhys Schofield , Mark Harris , Jason Tebb , Nicky Stevenson , Nick Leeming , Carl Howard , Rachel Springall , Peak Mortgages ,

Coventry reduces BTL reference rate – Mortgage Strategy

Coventry for Intermediaries has reduced its buy-to-let (BTL) reference rate. The lender says the changes benefit those looking to purchase, remortgage, and port an existing BTL mortgage. For all customer types, the new reference rate on a five-year fixed rate or higher will be 5.5% or the product rate, whichever is ....

Rhys Schofield , Justin Moy , Jonathan Stinton , Foundation Home , Coventry Building Society , Building Society , Foundation Home Loans ,

Gen H combines mortgage and legal services for FTBs in new product range – Mortgage Strategy

Gen H will launch a product range for first-time buyers (FTBs) that combines its mortgage and legal services under one roof, effective tomorrow. The lender’s FTB bundle includes access to a conveyancing service provided by Gen H Legal, exclusive reduced mortgage rates on two-, three- and five-year fixed rate products ....

United Kingdom , Rhys Schofield , Austyn Johnson , Gary Bush , Genh Legal , Will Rice , Peak Mortgages ,

Third quarter new mortgage value highest since 2007: BoE

The value of new mortgage commitments made during Q3 2022 was £87.8bn, shows new Bank of England (BoE) data – a 4.5% jump on the previous quarter and the highest value seen since Q3 2007. At the same time, the outstanding value on all residential mortgages grew from £1.65tn to £1.67tn. The BoE’s latest report, its ....

Rhys Schofield , Andrew Montlake , Mortgage Lenders , Administrators Statistics , Speak Money ,