Mortgages

UK mortgage rates creep up as brokers warn of possible ‘further pain’

The average cost of a new fixed-rate mortgage is continuing to creep up, data shows, as brokers warn that borrowers could face “further pain” if the latest data out...

The 40-year mortgage – solution to rising property values or too high a price to pay?

A growing number of first-time buyers are opting for 35- or 40-year mortgages in order to be able...

Barratt profits plunge 75% as number of houses built slumps

Barratt Developments has suffered a 75% drop in annual profit and a double-digit decline in home completions after...

Manchester named top hotspot for first-time buyers in Halifax study

Manchester has been named the “first-time buyer capital of Britain” after data revealed that those taking their first...

First-time buyers made up 48% of house hunters in London this year, data shows

Almost half of house hunters in London at the beginning of this year were first-time buyers as cheaper...

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