Low deposit deals fall to record low rates

Borrowers without a large deposit are benefitting from a wider choice of deals and lower rates The average two-year fixed rate for borrowers with just a 5% deposit is at a record low, according to Moneyfacts. The financial information provider said that two-year fixed...

1.8% house price growth for third consecutive month

Monthly prices rose modestly in August, according to the latest house price index from LSL Property Services and Acadata. Prices were up just 0.1%, but the report said this was enough to put an end to consistent falls seen every month since March. Regional variances...

Owning a home is cheaper than renting in all areas of the UK

Potential first-time buyers would have lower monthly outgoings if they bought a property rather than renting one, with rental prices surpassing average mortgage repayments in every region of the UK, Santander Mortgages has found. Homeowners could save £2,268 a year if...

Mortgages most affordable in a decade, says Halifax

UK mortgages have reached their most affordable level in a decade, Halifax research concludes. As of the fourth quarter of 2017 mortgage payments accounted for less than a third or (29%) of homeowners’ disposable income, compared to almost half (48%) in 2007. Andy...