Building Society

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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Disappointing lending figures suggests UK mortgage market is in decline

The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline 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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