Mortgage calculator: Compare

Cheapest mortgage Rates UK

Couple inspecting mortgageGetty Mortgages are cheaper than ever, is it time you cashed in too?

Re-mortgage lending lifted to its strongest levels in seven years in July as home owners snapped up the cheap deals available, banks and building societies have reported.

But elsewhere there were signs of the market cooling, and the Council of Mortgage Lenders, which released the figures, said it is too early to tell how much of this is down to the vote to leave the EU.

Mortgage lending to first-time buyers plunged by nearly a fifth month-on-month in July. First-time buyers borrowed a total of £4.4 billion-worth of mortgages in July, marking a 19% drop off compared with June and 4% down on July 2015.

Keys to a New HomeThe figures also showed lending to home movers, at £6.2 billion, was down by 9% compared with June and a fall of 16% compared with July 2015.

Read More

Huge numbers grabbing cheap deals

Cultura RF A new mortgage could save you thousands

Home owner re-mortgage activity in July bucked the cooling trend. Some £6 billion-worth of loans were taken out in July for re-mortgage purposes, up 7% on June and a 20% increase compared with a year ago.

Many mortgage lenders have been offering their cheapest ever rates in the low interest rate environment.

Share this article


How to get the best refinance rate on my mortgage without having hard inquiries on my credit report - Quora

If you only focus on getting the "lowest rate" you may be charged higher fees. It's like playing chess. If you only look at some pieces on a chess board, your opponent will take your queen or rook while you're not paying attention.

Related Posts

Best fixed mortgage Rates UK
Best fixed mortgage Rates UK
HSBC UK mortgage Rates
HSBC UK mortgage Rates
Fixed mortgage Rates UK
Fixed mortgage Rates UK

Latest Posts
Best Home loan interest
Best Home loan…
Home Equity Loan Providers Compared Before…
Different types of Loans for Homes
Different types…
Many homeowners pay it and many home…
Firefighter Home Loans
Firefighter Home…
Specialty mortgages under the Mortgages…
New homeowners Loans
New homeowners…
For most of us, our house is our biggest…
International Mortgages
International Mortgage Associates is…
Featured posts
  • Best fixed mortgage Rates UK
  • HSBC UK mortgage Rates
  • Fixed mortgage Rates UK
  • HSBC mortgage rates UK
  • Who has the cheapest mortgage rates?
  • Best mortgage rates UK
  • Current Mortgage Rates
  • 20 years Mortgage Rates
  • The Best mortgage Rates
Copyright © 2024 l All rights reserved.