7+ hour, 32+ min ago  (354+ words) The average three-year fixed rate dropped by 5 basis points over the past week to 5. 28%, as 20 lenders responded to falling swaps with price cuts. The latest rate watch data from Moneyfacts also shows the average two-year fix fell by 4bps to 5. 55% and…...

1+ day, 3+ hour ago  (453+ words) Nationwid is cutting rates by up to 25bps as Family Building Society and Fleet Mortgages update their lending ranges. Nationwide is cutting rates across its fixed mortgage range for new and existing customers. The changes take effect from Friday 26 June. They…...

1+ week, 1+ day ago  (480+ words) The mortgage market welcomed the Bank of England's decision to hold base rate at 3. 75% today, saying it would help bring more stability to the housing market. The Bank's Monetary Policy Committee (MPC) voted 7/2 this morning to keep base rate at…...

1+ week, 2+ day ago  (388+ words) Millions of UK mortgage holders are just one health shock away from missing a payment according to research from protection and employee benefits firm Met Life UK. More than a quarter (28%) of homeowners have already fallen into financial difficulty resulting…...

1+ week, 4+ day ago  (742+ words) The average price of newly-listed homes for sale have seen the biggest fall for the month of June in 14 years, Rightmove reveals. This month saw the average price decrease by 0. 6% to "376, 191, leaving prices 0. 5% below a year ago. While June typically…...

2+ week, 9+ hour ago  (357+ words) Rising living costs are creating an affordability challenge for protection advisers, according to new research from LSL Financial Services. A survey of brokers at LSL's inaugural Protection Forum in May found that income protection is now seen as the area…...

2+ week, 8+ hour ago  (129+ words) Average fixed mortgage rates inched downwards again this week, according to the latest Moneyfacts rate watch. The average two-year fix is now 5. 62%, down 3bps from 5. 65% last week. The typical five-year fix is now 2bps lower, at 5. 59%. Moneyfacts head of consumer finance Adam…...

2+ week, 1+ day ago  (616+ words) Buyer demand and agreed sales remained in negative territory in May, but there were some signs of the market beginning to stabilise, the latest index from the Royal Institution of Chartered Surveyors found. New buyer enquiries recorded a net balance…...

2+ week, 1+ day ago  (885+ words) All of the solutions to the "painful" process are available to sellers and buyers, as well as the property industry. "We just need to get on with it," experts agree MPs have called for sweeping reforms of the "painful" homebuying…...

2+ week, 3+ day ago  (582+ words) The value of new mortgage commitments in the first quarter rose by 12% compared to the previous quarter to reach "78bn, but the value of mortgages advanced during the three-month period dipped by a similar amount. The latest Bank of England figures…...