Tom Bill, head of UK residential research at Knight Frank, looks at the likely impact felt by borrowers coming off fixed-rate deals agreed some time ago on better terms.
Interest rates have been held by the Bank of England at 5.25% since August 2023, with predictions mounting that they will finally begin to fall later this year.
The lender has announced fresh rate reductions and new products across their residential mortgage range, furthering their support for brokers to help customers navigate affordability...
Saffron for Intermediaries has announced that it has increased the maximum loan size on its Self-Build Large Loan and Residential Large Loan products - the latest in a series of...
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.