Mortgage Soup

The two-year fix isn’t advice. It’s a diary entry

5.98%. That was the average two-year fix on 5 October, according to Moneyfacts, the highest since mid-December 2023. The average five-year fix: 6.00%. On those averages the gap is about £3 a month on a £250,000 repayment mortgage over 25 years. Less than a sandwich. So,...

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a house deposit, with a 25% government bonus on eligible savings of up to £4,000 a year. However, the scheme comes with conditions, including a £450,000 property price cap and a 25%...

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NCA and Law Society join forces to fight property fraud

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Brokers call for signposting as non-standard insurance demand grows

Growth in demand for non-standard insurance is exposing gaps in cover that brokers say...

Sort Group shortlisted for national Investors in People awards

Sort Group has been named a finalist in two categories at the Investors in...

Skipton pledges £164,000 to grassroots charities

Skipton Building Society has relaunched its annual Community Giving scheme, pledging £164,000 to support...

Marsden relaxes restrictions on mortgage applicants with international ties

Marsden Building Society has eased its stance on mortgage applications linked to countries deemed...

The Family BS launches expat limited company buy-to-let range

Family Building Society has launched a new buy-to-let range designed for limited company landlords...

UK property transactions dip in August as market waits for clarity

UK property transactions slowed in August after three months of steady gains, according to...

Finova teams with Escode to launch escrow service for lenders

Finova, the cloud-based mortgage and savings software provider, has joined forces with Escode, a...

Arc & Co. and HTB agree £21.5m facility for Nottingham student scheme

Arc & Co. and Hampshire Trust Bank (HTB) have closed a £21.5 million development...

Renters’ Rights Bill forces rethink for accommodation investors

Housing Hand, the UK rental services provider, has warned that the proposed Renters’ Rights...

Latest articles

The two-year fix isn’t advice. It’s a diary entry

5.98%. That was the average two-year fix on 5 October, according to Moneyfacts, the...

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a...

Employers struggle to engage staff with financial wellbeing support

Only 12% of employees have used financial wellbeing support provided by their employer, despite...

Defaqto extends Matrix 360 to protection and wealth providers

Defaqto has broadened its Matrix 360 market intelligence platform to cover wealth management and...