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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Masthaven reduces bridging rates and widens product scope

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MT Finance has promoted Alex Taylor to business development manager for mortgages, where he...

Prime London property prices record sharpest fall since 2019

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Fight or flight: £40k hit to house prices near Gatwick

House prices in parts of Surrey and West Sussex could fall by up to...

LiveMore appoints key account manager for the North

LiveMore, the later life mortgage lender, has appointed Phil Beswick as key account manager...

OneDome unveils broker network focused on growth and technology

OneDome has launched a new broker network, OneDome Growth Partners, aimed at supporting mortgage...

ONP Solicitors launches remote recruitment drive amid rise in remortgaging

ONP Solicitors has launched a national recruitment campaign to hire fully remote remortgage case...

Lifetime mortgage lump sum queries rise sharply, says Advise Wise

The average lump sum being searched for by later life borrowers has increased sharply...

TAB passes £500m milestone in loan redemptions

TAB has announced that it has surpassed £500m in loan redemptions since launching in...

Together begins £8m transformation of Greater Manchester headquarters

Specialist property lender Together has begun an £8m redevelopment of its Greater Manchester headquarters,...

Most landlords still believe myths about limited company buy-to-let

Nearly three-quarters of landlords continue to hold misconceptions about limited company buy-to-let, despite growing...

The Right Mortgage appoints new insurance development manager

The Right Mortgage & Protection Network has bolstered its senior team with the appointment...

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...