Over two-fifths of mortgage advisers have seen demand increase for interest-only mortgages during the past year, according to new research.
Related topic: Mortgages
As part of a wider reduction in five-year fixed-rate pricing, the bank has announced the launch of the cheapest five-year product that they have launched since August last year.
The prime residential mortgage lender has announced additional rate reductions across its fixed rate products following positive movement in the swap markets.
The bank announced this morning that it has further reduced rates on selected Prime and Near Prime products.
The Mortgage Works has announced that it has reduced rates for the third time this month.
Following the Bank of England's decision last week to freeze interest rates for the first time in 15 months, Sarah Thompson, Managing Director at Mortgage Scout, looks at the...
MPowered Mortgages has announced rate reductions across its entire suite of fixed rate products ahead of today's Bank of England base rate decision.
Even after adjusting for inflation, the average homebuyer's mortgage repayment is 39% more expensive per month than five years ago.
Soaring interest rates continue to fuel concern among homeowners, with 80% surveyed who have a mortgage worried about their ability to afford their outgoings over the next year.
The lender has announced that it has reduced reduced rates across residential and buy-to-let mortgages in addition to launching new products.
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