Although it’s rare, there are several reasons a lender can cancel a mortgage – including a time limit on how long an offer is valid. While it’s a position no one wants to find themselves in, the team at Confused.com mortgages have looked at some of the most common reasons a […]
Biggest Lenders Increase Mortgage Rates
NatWest and Nationwide, two of the UK’s largest mortgage lenders, have announced today that they will increase interest rates by as much as 0.45% while removing some of their mortgage products from the market altogether. The move from the lenders, experts predict, is due to the financial markets reaction to the stubbornly high […]
Will Mortgage Costs Fall In 2023?
The latest research by specialist property lending experts, Octane Capital, has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time […]