Nov 11, 2024 · Santander is increasing the majority of its residential and buy-to-let fixed mortgage rates including product transfers by up to 0.31%. From Tuesday, selected standard residential fixed rates across purchase, remortgage and green products are increasing by up to 0.29% while large loan fixed rates are rising by up to 0.20%.

Oct 31, 2024 · The Office for Budget Responsibility (OBR) has increased its forecasts for house price and mortgage rate growth over the next five years. Average interest rates on existing mortgages are expected to rise from around 3.7% this year to a peak of 4.5% in 2027, where they are forecast to remain until 2030, the OBR said in its Economic and Fiscal Outlook.

Oct 30, 2024 · In the first Budget to be delivered by a Labour government in more than 14 years, Reeves said: “The UK will still have the lowest capital gains tax rate of any European G7 economy.”. To encourage business owners to invest in their companies, the lifetime limit for Business Asset Disposal Relief will be maintained at £1m.

Jan 3, 2025 · Nick Mendes, mortgage technical manager at John Charcol, said of the changes: “HSBC’s decision to start the year with a reduction in mortgage rates across its product range is a welcome move for the housing market.

Jan 3, 2025 · At 80% LTV, the fee-free product has been cut by 0.11% to 4.96% and the option with a £999 fee has gone from 4.88% to 4.73%. The 85% LTV fee-free deal has been cut by 0.11% to 5.06% and the product with a £999 fee has been cut by 0.15% to 4.83%.

Nov 20, 2024 · Specialist lender Vida Homeloans has received its full banking licence and will operate under the name Vida Bank. In 2022, the lender announced it was seeking its banking licence from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).Vida Bank said gaining this marked the “beginning of an …

May 24, 2024 · Coventry Building Society said it would remain a mutual and was committed to being an independent, member-owned building society. The Co-op Bank will be integrated into the mutual “gradually over the years” and, during this period, …

Oct 21, 2024 · John Cupis, managing director of Mortgage Intelligence and Dynamo, said: “We are combining the strength and scale of two outstanding mortgage clubs to serve our advisers with an even greater offering for mortgages, protection and general insurance products.

Nov 13, 2024 · NatWest has become the latest lender to increase its mortgage rates this week, with changes of up to 0.35%. The mortgage rate changes will come into effect on 14 November and apply to select residential, buy-to-let (BTL) and green deals for new NatWest borrowers.

Jan 9, 2025 · Mortgage borrowers have no reason to start panicking about the impact rising gilt yields may have on them, an industry figure said. Reacting to UK gilt yields rising to their highest level since 2008, Sarah Coles, head of personal finance at Hargreaves Lansdown, said fixed mortgage rates were usually responsive to changes in interest rate expectations.