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%...

Keep exploring

Inspired Lending secures first Scottish deal with £360,000 loan

Inspired Lending has completed its first loan north of the border, providing a £360,000...

Mortgage Business Expo London confirms full seminar line-up for October

Mortgage Business Expo (MBE) has confirmed the full seminar programme for its London event,...

The Hanley Economic appoints new head of credit risk and lending strategy

Hanley Economic Building Society has named Oliver Slimm as its new head of credit...

Landlords shift away from five-year fixes as remortgage choices diversify

Buy-to-let landlords are increasingly looking beyond the traditional five-year fixed mortgage, with new research...

Getting to know you: Heather Greatorex, Heath Mortgage Solutions

Name: Heather Greatorex Age: 28 Location: London Qualification Year: 2021 Firm: Heath Mortgage Solutions Education: 2:1 Psychology degree Specialty:...

Just Mortgages’ self-employed push attracts surge of new advisers

Just Mortgages’ New Starter Boost initiative, launched in January, has seen strong early demand...

Londoners still pay highest premiums for homes near stations

Londoners continue to pay the steepest premiums in the UK to live close to...

TMG unveils AI-led mortgage and protection proposition for advisers

TMG Mortgage Network has launched a new mortgage and protection proposition that places artificial...

Shawbrook provides £10m facility to launch Fenyx Bridging to market

Fenyx Bridging, a newly established short-term property finance lender, has secured a £10m funding...

West One Loans: specialist finance is vital to meeting housing targets

Specialist finance could prove decisive in helping the UK tackle its housing shortfall, according...

Virgin Money trims fixed rates and launches new purchase deals

Virgin Money will cut a range of fixed mortgage rates and introduce new products...

UTB reshapes lending division as Sundeep Patel departs

United Trust Bank (UTB) has announced a major restructuring of its lending operations alongside...

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...