What Mortgage: Latest Mortgage News & Advice for Home Buyers
WEB6 days ago · If you are putting your property on the market, here’s how to find an estate agent, what questions to ask and how to make sure you sell your home as quickly as possible. Read the Full Feature here. What Mortgage website covers all the latest mortgage news & calculators for first time buyers, remortgagers, movers & buy to let landlords.
Nationwide unveils sub-4% mortgage rates for buyers and …
WEBJan 23, 2024 · Nationwide has cut mortgage rates by up to 0.81% and is offering a deal worth 3.84% – the lowest level on offer from the lender in eight months. The building society has joined a long line of lenders which have made cuts to mortgage prices in 2024 and are offering headline rates below 4%. Nationwide’s offering, which becomes effective ...
What’s the verdict on 99% mortgages? The pros and cons of first …
WEBJan 22, 2024 · Mark Harris, chief executive of mortgage broker SPF Private Clients, says: “99% mortgages could be a good idea in the appropriate circumstances. “With added stamp duty costs, a 99% mortgage can look identical to a 95% mortgage for previous generations. Add in the fact that saving for a deposit while renting is practically impossible, this ...
Fixing your mortgage for 10 years: The pros and cons
WEBOne had a rate of 2.08%, which is for customers who need a loan for 65% of their property’s value. The other, for borrowers who needed a 75% loan, has a rate of 2.14%. Lloyds went even further and offered a 10-year fix for 1.66% for those who need to borrow 60% of their property’s value and Halifax are now offering 1.68% on a similar deal.
99% mortgages: The pros, cons and some alternatives
WEBJun 4, 2024 · Very simply a 99% mortgage is a loan for 99% of the value of the property you wish to purchase. Yorkshire Building Society’s product is for first-time buyers who have at least £5,000 deposit to put down on a property up to the value of £500,000. The product comes with no fee and the interest rate of 5.99% is fixed for five years.
Mortgage Calculators :: What Mortgage
WEBEquity Release Calculator. Mortgage Calculators at What Mortgage. Compare mortgages for first-time buyers, use our free mortgage calculator, learn about remortgaging & APR.
What’s the catch? The pros and cons of 95% mortgages
WEBMay 28, 2021 · There are a few important factors to consider before securing a 95% LTV deal –. Higher interest rates – The higher the LTV ratio, the more interest you will pay on the loan. This is because you are borrowing a larger sum of the property’s value, you are deemed a higher ‘risk’ to lenders. Therefore, a 75% LTV mortgage deal will likely ...
What mortgage is better? A two- or five-year fixed rate?
WEBMay 15, 2024 · A two-year fix is more expensive – new data out just this week from Moneyfacts shows the average two-year fixed rate is 5.91% whilst the five-year version is 5.48%. The cost difference in repayments for the two can amount to hundreds of pounds. But whilst you will pay more to fix for two years, with predictions interest rates might fall …
First-time buyer mortgages: Which lenders offer the lowest prices?
WEBMay 7, 2024 · Building societies offer lower than average mortgage prices for first-time buyers, new research from Moneyfactscompare.co.uk has revealed. Innovative schemes such as Skipton Building Society’s deposit-free Track Record mortgage and Yorkshire Building Society’s £5k deposit deal mean the mutuals are pioneering the way for those stepping on the property ladder.
Should I fix my mortgage for five years? - What Mortgage
WEBMay 31, 2022 · With a five-year fixed rate mortgage, you’ll pay the same interest rate on your mortgage for five years. Your monthly payments will not change for the duration of those five years. You can also get fixed rate mortgages which last for two or 10 years. Five-year deals provide a middle ground between to the two options.