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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Momenti launches new research project into broker decision-making

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Castle Trust Bank introduces drawdown option for light refurbishment bridging loans

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HTB supports £11.9m scheme to deliver 58 new homes in Ashford

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Allica Bank expands into new London HQ

Allica Bank has opened a new London headquarters near Old Street as the fast-growing...

UTB cuts rates across second charge range

United Trust Bank Mortgages (UTB) has announced rate reductions of up to 84 basis...

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...