News & insights - Remortgage

The New Year is the perfect opportunity to take stock of your finances, and reviewing your mortgage could be one of the most effective ways to reduce your outgoings in 2026.

Homeowners may soon find it easier to remortgage or adjust their mortgage terms under proposed reforms announced by the Financial Conduct Authority (FCA).

Nationwide Building Society has changed its mortgage affordability rules so that homebuyers and those looking to remortgage can borrow more.

If your home no longer works for you, it can be hard to know what to do next. Do you stay put and renovate? Or is it time to move on?

Easing mortgage rates are encouraging landlords to expand their portfolios. Find out more today.

More than eight in 10 homeowners who’ve remortgaged since the end of 2022 have done so with their existing lender, according to UK Finance.

It’s #TalkMoneyWeek from 4th – 8th November, and we’re encouraging everyone to talk about mortgages and protection.

The Bank of England’s Monetary Policy Committee voted by a majority of 8-1 to leave the base rate unchanged at 5% in September, although markets are still pricing in further cuts before the end of the year.

Mortgage holders and private renters have experienced the highest annual inflation rates, according to the Office for National Statistics (ONS), due to rising interest rates pushing up monthly payments.

House prices edged up in July following three relatively flat months, with prices increasing by 0.8% in July and 2.3% annually, the highest annual growth rate seen since January this year.

The Bank of England’s Monetary Policy Committee (MPC) voted 7-2 to hold base rate at 5.25% for the seventh consecutive time in June, with homeowners hoping to see a cut later this summer. Two members voted for a 0.25% cut to 5%.

Mortgage rates have edged up in recent weeks amid speculation that the Bank of England may not reduce the base rate until August at the earliest.

The UK rate of inflation fell to 3.2% in March, down from 3.4% in February, and reaching its lowest level since September 2021.

Nearly half of landlords are due to remortgage this year, according to research, with current competitive mortgage rates meaning it could make sense to secure your next deal sooner rather than later.

A surprise rise in inflation in the year to December could have an impact on mortgage rates, so if you’ve found a competitive deal you like, you may want to secure it now if you can.

8 essential steps to take if you’re remortgaging or buying in 2024 The past year has been a rollercoaster ride for the property and mortgage market, but if you’re planning to buy or remortgage in 2024, there are several steps you can take to help things go more smoothly. Here’s our rundown of some of the things you can do to secure the deal you want and prevent you from paying too much. Check when your current deal ends If your mortgage is due to finish this year, make a note in your

The Bank of England’s Monetary Policy Committee (MPC) voted 6-3 to leave interest rates at 5.25% in December, the third consecutive month it has left rates unchanged.

Inflation fell to its lowest level for two years in October, raising hopes that we may have seen the last of interest rate rises – for now. Inflation, or the rate of increase in living costs, fell back by more than many expected to 4.6% in the 12 months to October, down from 6.7% in September, according to latest Office for National Statistics data. Although this means the Government has met its pledge to halve inflation by the end of the year, it remains well above the Bank of England’s 2% t

Interest rates held at 5.25% The Bank of England’s Monetary Policy Committee voted 6-3 to leave the base rate unchanged at 5.25% in November, suggesting that interest rates may have peaked for now. There were 14 consecutive increases in the base rate since December 2021, before the Bank chose to leave rates on hold at its September meeting and again this month. Rates have risen rapidly to try to dampen inflation, which reached a peak of 11.1% in October 2022. Since then, the main measure of

Inflation remained at 6.7% in the 12 months to September, according to latest ONS data, leaving the Bank of England’s next interest rate decision hanging in the balance. Recent weeks have seen several lenders reduce their mortgage rates, after interest rates were held at 5.25% in September following a series of increases aimed at dampening inflation. It was hoped that the latest numbers from the Office for National Statistics (ONS) would show a slight fall in the rate at which living cos

Self-employed workers planning to remortgage or buy a property in the next few months should get their paperwork for the 2022/23 tax year in order early so that it won’t delay their applications.

September 23rd marked a year since Kwasi Kwarteng’s disastrous mini-budget, which prompted the pound to plummet and borrowing costs, inflation, and swap rates all to soar, triggering mortgage market mayhem.

Homeowners currently on low fixed rates may be keen to overpay their mortgages to minimise the impact of higher rates when they remortgage, but it’s worth weighing up whether saving might be a better option.

The Bank of England’s Monetary Policy Committee voted to raise the base rate from 5% to 5.25% in August, the fourteenth consecutive increase since December 2021.

Interest rates could rise less sharply than previously expected following latest inflation figures which show soaring price rises are finally starting to cool.