Nationwide Building Society will soon adjust the interest rates on selected fixed and tracker mortgages, effective from 13 November.The changes include both increases and reductions across…
The recent data paints a mixed picture for the UK labour market, with unemployment edging up to 4.3% while wage growth decelerates. Despite modest economic activity…
UK financial authorities announce new regulation to strengthen third party service resilience for financial firms.The Financial Conduct Authority (FCA) and Bank of England are implementing measures…
The mortgage market faces a severe decline in product availability, reaching a 16-month low.The average shelf-life of mortgage deals has sharply decreased to just 17 days.Two-year…
In the current economic climate, many are puzzled by the discrepancy between falling base rates and rising mortgage rates.The Bank of England has reduced the base…
Interest rates can be confusing, especially when base rates fall but mortgage rates don’t.The Bank of England’s recent base rate cuts haven’t led to expected reductions…
The recent government decision on Stamp Duty has not significantly deterred homebuyers.71% of homebuyers hoped for an extension of the current relief, set to expire in…
The UK mortgage market faces a significant contraction in product availability, raising concerns among stakeholders.A new report highlights the smallest range of mortgage choices in over…
Today’s interest rate cut by the Bank of England might not lead to cheaper mortgages, according to industry insights.Despite a reduction in Bank Rate, mortgage rates…
The Bank of England has reduced its interest rate to 4.75%, following a majority vote by its Monetary Policy Committee.The decision to cut rates was not…
