by Luther | Feb 6, 2025 | News
Today, the UK’s base interest rate was cut to its lowest point in more than 18 months, a move that is expected to have significant implications for mortgages and the broader economy. The Bank of England’s top economists announced a quarter-point reduction to 4.5% from...
by Luther | Feb 4, 2025 | News
In the current financial climate, with interest rates stubbornly remaining high, many homebuyers and property investors are seeking creative solutions to manage their mortgage payments. One increasingly favourable option, particularly for larger mortgages, is the...
by Luther | Feb 3, 2025 | News
Upcoming UK Base Rate Review: Global Context and Implications As the Bank of England gears up for its next base rate review, scheduled for February 6, 2025, the global economic landscape is experiencing considerable changes. Recent meetings of major central banks have...
by Luther | Sep 23, 2024 | News
Nationwide Increases Income Multiples for First-Time Buyers Nationwide Building Society has announced an increase in income multiples for first-time buyers and those who haven’t owned a home for three years. The new income multiples are as follows: Loan-to-value...
by Luther | Jun 27, 2024 | News
Suffolk Building Society Announces New Mortgage Deals for Expats and First-Time Buyers Good news for expats and first-time buyers in the UK! Suffolk Building Society has launched a new shared ownership mortgage and reduced rates on several other products. Here’s...
by Luther | May 21, 2024 | News
HSBC enters the broker expat BTL mortgage On the 21st May HSBC launched BTL mortgages for non-UK residents through their intermediary channel, subject to meeting minimum lending criteria. For eligible clients this positively disrupts the market, with lower rates and...