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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Target Group appoints Jennifer Read as head of risk

Target Group has appointed Jennifer Read as its new head of risk, strengthening its...

Loans Warehouse joins L&G Mortgage Club panel 

Loans Warehouse has been added to the L&G Mortgage Club’s Referral Pro panel. The Hertfordshire-based...

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Adviser confidence in mortgage market climbs to highest level in three years

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Foundation Home Loans names new chief finance officer

Foundation Home Loans has confirmed the appointment of Michael Evans as its new chief...

Older homeowners abandon moving plans as bungalow shortage bites

More than a million older homeowners have abandoned plans to move in the past...

OMS adds DocuSign e-signature integration to streamline mortgage process

One Mortgage System (OMS) has integrated DocuSign into its platform, allowing brokers and lenders...

West One launches bespoke buy-to-let service in major revamp

West One has unveiled the most extensive overhaul of its buy-to-let mortgage range since...

Majority of Britons remain unprotected against income loss, research warns

Income Protection Awareness Week has begun with fresh data showing that only a small...

Butterfield Mortgages adds to team with client relationship officer and intern

Butterfield Mortgages has strengthened its London team with two new appointments as the prime...

Molo launches new fee and rate options for non-resident landlords

Molo has overhauled its non-UK resident buy-to-let range with the launch of new “low-fee”...

Fewer landlords plan rent rises, but increases remain steep

Landlords are scaling back their plans to raise rents, though those who do intend...

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...