Finance

Posts with Tag: Housing market

Jeremy Hunt rules out government help on mortgages

Posted on 20th Jun 2023

Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.

Mortgages: What happens if I am really struggling?

Posted on 22nd Jun 2023

Homeowners are worried about higher mortgage costs, but lenders must help those struggling.

Five tips for saving money on your mortgage

Posted on 22nd Jun 2023

With interest rates rapidly rising, what do experts say about coping with costs?

Warning homeowners face 20% drop in disposable income

Posted on 21st Jun 2023

Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.

Jeremy Hunt rules out government help on mortgages

Posted on 20th Jun 2023

Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.

Rent: 'We've got £1,750 a month and can't find anywhere'

Posted on 20th Jun 2023

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.

Mortgage rates: Average two-year fix now above 6%

Posted on 19th Jun 2023

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Warning interest rate rise to slash spending power

Posted on 21st Jun 2023

Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.

Jeremy Hunt rules out government help on mortgages

Posted on 20th Jun 2023

Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.

Rent: 'We've got £1,750 a month and can't find anywhere'

Posted on 20th Jun 2023

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.

Mortgage rates: Average two-year fix now above 6%

Posted on 19th Jun 2023

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Mortgages to go up by average of £2,900 a year for 800,000, says Resolution Foundation

Posted on 17th Jun 2023

Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says.

Mortgages: What happens if I am really struggling?

Posted on 16th Jun 2023

Homeowners are worried about higher mortgage costs, but lenders must help those struggling.

Average two-year mortgage rate close to 6%

Posted on 16th Jun 2023

Lenders have been increasing the cost of new fixed-rate deals rapidly during a tumultuous week.

Nationwide latest lender to raise mortgage rates again

Posted on 16th Jun 2023

One broker describes the current situation as a vicious circle as the mortgage maelstrom continues.

Jeremy Hunt rules out government mortgage support

Posted on 20th Jun 2023

The chancellor says introducing help for mortgage holders would fuel further inflation.

Rent takes up biggest share of pay for 10 years

Posted on 20th Jun 2023

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.

Mortgage rates: Average two-year fix now above 6%

Posted on 19th Jun 2023

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Mortgages to go up by average of £2,900 a year for 800,000, says Resolution Foundation

Posted on 17th Jun 2023

Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says.

Mortgages: What happens if I am really struggling?

Posted on 16th Jun 2023

Homeowners are worried about higher mortgage costs, but lenders must help those struggling.