bank of england

UK home owners are ‘losing’ millions by not checking their mortgage deal

Some £2.78 billion is wasted each year in the UK by 1.1million households sitting on the wrong mortgage deal, new research suggests. On top of this 30% or 3.4 million households don’t know the current interest rate of their mortgage and by switching to a better deal home owners could save on average over £2,500 […] The post UK home owners are ‘losing’ millions by not checking their mortgage deal appeared first on PropertyWire . Continue reading

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More choice added to mortgage deals for UK home borrowers

People in the UK looking for a new mortgage now have even more choice with a number of lenders launching new rates and products. The TSB has reduced interest rates by 0.10% on selected mortgages for home movers, first time buyers and remortgage borrowers. These include five year fixed rates and two year fixed rates […] The post More choice added to mortgage deals for UK home borrowers appeared first on PropertyWire . Continue reading

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Rental price growth slows in most of UK with landlords reluctant to push them up

Rents in the UK are not surging ahead as some had predicted with the latest lettings index showing that they rose by an average of just 0.8% in February compared to the same month in 2016. This marks a considerable decline in the pace of rental appreciation which was 4.7% in June last year and […] The post Rental price growth slows in most of UK with landlords reluctant to push them up appeared first on PropertyWire . Continue reading

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