Mortgages Archives - Ladybird Living - Your London Estate Agent

5%-plus mortgage rates expected for UK homeowners and first-time buyers

Following the latest inflation figures, homeowners and first-time homebuyers in the UK will see 5%-plus fixed-rate deals as lenders have had no choice but to increase their mortgage rates.

How To Add Someone To Your Mortgage?

To add someone onto an existing mortgage, you have to contact your mortgage lender. Your mortgage lender will then send you documents to complete and will check:

Should you make mortgage overpayments?

Mortgage overpayments refers to the process in which a borrower pays more than the minimal amount required by the lender.

Base rate increased to 4.5% – How will it affect property owners?

Back [greeting] Base rate increased to 4.5% – How will it affect property owners? The base rate has increased from 4.25% to 4.5%. The base rate is important because it impacts mortgage interest payments for property owners. A higher base rate means that property owners must pay more to cover interest rate costs. The… Continue reading Base rate increased to 4.5% – How will it affect property owners?

100% loans will be launched by UK mortgage lender

Skipton building society is planning to introduce a 100% mortgage which will help first-time homebuyers who are finding it difficult to save for a deposit. This 100% mortgage will be the first offered since the 2008 financial crisis.