Londoners are cutting back on non-essential costs and holding off on renovations due to the current economic climate

The maximum borrower age at the end of the mortgage term is 70

Although the Government ditched the 99 per cent mortgage, a lender has introduced one to the market

Trying to choose between a fixed rate and a tracker, or thinking about getting help from family? Here are the options

The Bank of England has held interest rates again – in bad news for customers with tracker mortgages

Some 43,300 mortgages were approved for house purchase in September, marking the lowest monthly total since January 2023.

More Taylor Wimpey customers are taking longer mortgages to make monthly repayments more affordable, providers say.

British lenders approved fewer loans for house purchases in April than in March and the value of new mortgage lending also dropped, according to Bank of England data that added to signs of a fresh slowdown in the housing market.

Building societies look at new ways to make buying a house possible

British banks and building societies expect to lend 23% less to home-buyers next year, taking mortgage volumes back to their level before the COVID pandemic after a two-year boom that lifted house prices by more than a quarter.

The number of London and commuter homeowners with mortgages on variable rates or fixed rates ending in 2023 is now estimated to be over one million.

The mortgage burden, or the proportion of income spent on mortgage repayments, is set to reach more than 27 per cent if the average mortgage rate climbs to six per cent.

Mortgage rates have risen by nearly a whole percentage point in the ten days since the mini-Budget, figures showed today.

A new lender has been granted a licence by UK financial regulators to offer mortgages with fixed rates of up to 50 years in a move aimed at helping borrowers manage soaring inflation. Perenna, a UK?

THE impact of the cost of living crisis on homeowners has been laid bare as queries from Scots seeking help about mortgage payments soars by more?

Mortgages rates have leapt to an eight-year high as the best deals disappear within days. The average five-year deal is now higher than 4 per cent for the first time since October 2014, data shows.

early 12,000 mortgages with a total value of ?3.1bn were drawn down by borrowers in the second quarter, according to the BPFI.

Mortgages are getting more expensive for some homeowners after the Bank of England confirmed it was increasing interest rates from 0.25% to 0.5% – here’s what it means for you

The average cost of paying a mortgage could go up to £14,000 a year if the Bank of England makes the decision to hike base rate this Thursday to offset the creeping cost of inflation

The Bank of England’s decision to increase the base rate from a record low 0.1 per cent to 0.25 per cent yesterday will add an extra £144 a year to the cost of a typical home loan.

The Office of Budget Responsibility has predicted that interest rates could reach 3.5% by 2023 – meaning we may be seeing the beginning of the end of the era of record-low deals

The biggest barrier to homeownership in London remains the deposit.

Borrowers with small deposits are also enjoying record low mortgage rates

Mortgage payments could increase by hundreds of pounds a month if the Bank of England’s base rate was to rise, as the OBR forecasts.

Squeezed households are already facing a cost-of-living crisis – and analysts now believe the Bank of England could be forced to increase interest rates as soon as next week.

Millions of households face higher mortgage payments with interest rate rises expected next week as a result of Rishi Sunak?s spending splurge, City economists

The Scrooges at Threadneedle Street are preparing to deliver an unwelcome Christmas present for millions of borrowers and wannabe home buyers: the first Bank of England interest rate rise for more than three years and only the third since July 2007.

When interest rates were slashed from 5.5 per cent to 0.5 per cent during the financial crash 13 years ago, many assumed that the drop would be temporary.The U

The two-year deal also comes with a £999 fee.

MORTGAGE payments will understandably be a concern for many as changes to the scheme come into force and the furlough scheme end date approaches.

Lenders slash home loan rates to record lows, while property prices dip for first time in five months after stamp duty holiday ends

Vicky Shaw seeks some expert tips to help you navigate the mortgage market and find a suitable deal.

The bonkers 0.94% rate is the lowest ever seen in this country, but homebuyers will need a massive deposit and £999 in cash up front to qualify for the homeloan

There are so many startups pledging to reinvent the mortgage process that it?s hard to keep up. But for anyone who has had to go through the process of applying for one, it?s clear that there?s plenty of room for improvement. The latest startup to raise venture money with the goal of making the pro?

British mortgage lending slumped in April as a government decision to prolong a tax break on property sales came too late to influence buyers that month, but housing market activity looks on course to rebound, Bank of England data showed.

Gross mortgage lending for 2021 could be even higher than the £283bn forecast by the Intermediary Mortgage Lenders Association (IMLA) after the chancellor revealed further stimulus for the housing market in his budget, said a member of the trade body.

A year after the pandemic sent shockwaves through the lending market, Yorkshire has brought back its 95% deal – but it won’t be open to everyone, with even flats excluded

The Ecology Building Society has revamped its green mortgages for renovations and whole house retrofit, as its contribution towards the UK’s climate change targets. The West Yorkshire-based lender has introduced a new variable rate renovation product, which starts at an initial rate of 3.65 per cent while building

Homeowner and buy-to-let mortgage arrears have risen quarterly but the number of borrowers behind on payments last year were still near historically low levels.

Being accepted for a mortgage is a common worry among home buyers – but even some of the UK’s wealthiest people have been turned down by their bank, it has emerged.

MORTGAGE payments will be part and parcel of many homeowners’ monthly budgets for a significant chunk of their lifetime. As the Bank of England Base Rate remains at a historic low, a mortgage expert has highlighted some considerations to make when it comes to overpayments.

MORTGAGE trends are shifting between different generations and as lenders respond to this, millenials and baby boomers could find themselves on a potential collision course. As new generations enter the property market, elderly homeowners may face limited options and raised costs.

MORTGAGE AND ME is the new weekly series which looks at how people are planning, saving, and using their money to get – and move up – the property ladder. This week, Express.co.uk hears about the “nightmare” one homeowner faced last year, as the coronavirus pandemic wreaked havoc on her plans.

Borrowers are having trouble arranging new mortgages as lenders struggle with demand and Covid-related staff absences.Banks are finding it hard to cope with the surge in buyers who are trying to

Research by online broker Habito found that 27% of people were on a standard variable rate – lenders’ ‘default’ rate which buyers drop on to when the initial term of their mortgage deal ends.

Nationwide found that London first-time buyers will save for an average of 16 years, but in Scotland and the North East it is less than six – and more have been taking help from family and friends.

Santander has excluded self-employed home buyers from its lower-deposit mortgage deals, meaning that new borrowers will now need a deposit of at least 40%.

Although locking into a new mortgage deal can reduce monthly repayments, especially if the borrower is currently on the lender’s standard variable rate (SVR), it can result in having to pay additional costs

Both lenders are offering deposits as low as 10%.

Haysto recently launched to make mortgages possible for the self-employed and those with a bad credit rating