Average five-year fixed mortgage rate hits 6% for first time in three years Banks and building societies raise prices as turmoil in bond markets increases expectations of base rate rise The Guardian - UK · Oct 5
Mortgage misery as average five-year deal hits 6% for first time in three years The average two-year homeowner mortgage on the market was also close to 6% on Monday morning, Moneyfacts said. Evening Standard · Oct 5
Mortgage nightmare continues as sub-5% deals disappear from market Over 1,000 deals at under 5 per cent have been withdrawn by lenders The Independent UK · Oct 1
UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs Average five-year fixed mortgage interest rate has hit 5.94%, its highest since October 2023, says Moneyfacts The Guardian - UK · Sep 29
Should you lock into a fixed-rate savings account paying 5.25%? Savers face a dilemma: lock down the deals now or wait, with offers tipped to ‘get even better’ The Guardian - UK · Sep 28
This one small swap could make you hundreds of pounds better off With inflation above 3%, savers should make sure their money is earning above that level with interest rates The Independent UK · Sep 24
Mortgage ‘pain’ not easing for borrowers as average fixed rates climb Moneyfacts said the choice of homeowner mortgage products has also reduced. Evening Standard · Sep 15
Fixed rate savings accounts are climbing — here are the best ones up to 5.02% Fixed term bonds lock away your cash for a period — but guarantee you a return even if interest rates move The Independent UK · Sep 10
Fixed Isa rates jump in ‘positive’ step for savers looking for guaranteed return Those who took out a fixed deal some time ago could find their current options are significantly more competitive, Moneyfacts said. Evening Standard · Sep 10
UK homeowners face fresh blow as mortgage rates expected to rise further A finance expert pointed to inflationary concerns stemming from the ongoing conflict in the Middle East The Independent UK · Sep 7
Fixed mortgage rates jump with ‘more moves expected in coming days’ Volatility in the swap rate market is prompting lenders to adjust their rates, Moneyfactscompare.co.uk said. Evening Standard · Sep 7
Should I grow my savings or clear my credit card debt first? It’s vital to know how much your debt is costing you monthly - then work out the best way to pay that down The Independent UK · Aug 11
Mortgage rate hikes in July ‘wiped out improvements seen in previous month’ At 5.59%, the average new mortgage rate at the start of August was back to where it was at the start of June, after a fall in July, Moneyfacts said. Evening Standard · Aug 10
Borrowers not set for lower mortgage rates ‘any time soon’, warns expert More than 30 lenders have hiked rates in recent weeks amid renewed inflation fears caused by the Iran war, according to Moneyfacts. Evening Standard · Jul 30
The Guardian - UK · Jul 25 UK savings deals: the heat is on as banks offer up to 8% Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts say
The Independent UK · Jul 24 UK mortgage deals rise again as average two-year deal hits 5.5% Inflation expectations and renewed hostilities have seen mortgage prices rise once more
The Independent UK · Jul 21 UK homeowners hit as mortgage rates see biggest daily jump since spring Until there is more certainty, mortgage rate moves are ‘unlikely’ to calm in the weeks ahead, an expert at Moneyfactscompare.co.uk said.
Evening Standard · Jul 21 Biggest daily jump in some average fixed mortgage rates recorded since spring Until there is more certainty, mortgage rate moves are ‘unlikely’ to calm in the weeks ahead, an expert at Moneyfactscompare.co.uk said
The Independent UK · Jul 16 Leeds Building Society offers new 2 per cent deposit mortgage for first-time buyers The new mortgage allows borrowers to access loans worth up to five times their income
The Independent UK · Jul 13 Mortgage rates fall at fastest pace in almost two years – but experts have one warning The ceasefire in the Middle East pushed rates to drop – but the reverse could happen if hostilities ramp up
Evening Standard · Jun 8 Hundreds more mortgage deals available in June than in early May – Moneyfacts The ‘churn’ of mortgage products remaining on the market before being withdrawn has been calming down, Moneyfacts said
Evening Standard · May 12 Savers warned about ‘leaking bucket’ accounts that may leave them worse off People have have found their progress in building savings pots undermined by the eroding impacts of inflation, Moneyfacts said.
Evening Standard · Apr 22 Major mortgage lenders set to make more rate reductions after last week’s cuts Santander and HSBC UK, which both made mortgage rate reductions last week, are making further cuts this week.
The Independent UK · Apr 22 What rising inflation rate means for your money The Iran war has sent inflation higher again and interest rates could yet follow
The Independent UK · Apr 21 Homeowners celebrate ‘much‑needed relief’ as more lenders poised to cut rates Including a two-year fixed-rate home buyer mortgage for those with a 40% deposit