by Complete Mortgages | Feb 2, 2024 | Mortgages, UK Economy
With phrases such as ‘mortgage wars’ and ‘race to the bottom’, both of which are being used to describe lenders’ current drive to cut mortgage rates, it’s easy to overlook why mortgage rates are falling in the first place. After all, the Bank of England’s (BoE) base...
by Complete Mortgages | Jan 31, 2024 | Mortgages, Property market, UK Economy
In our last mortgage advice article, we predicted that the ringing in of the New Year would also see the beginnings of a mortgage rate war. And, a bit like clockwork, this war has already begun. The UK’s large lenders have already cut their rates (quite significantly...
by Complete Mortgages | Dec 29, 2023 | Mortgages, UK Economy
Nobody likes a war – and sadly there’s enough of those going on right now. A mortgage rate war, however, is a little bit different. Mainly as it helps existing and prospective homeowners get the best mortgage rates available as lenders race towards launching...
by Complete Mortgages | Dec 11, 2023 | Mortgages, UK Economy
It finally seems to be happening. That thing we’ve all been waiting for. The turnaround. For quite some time now, we’ve seen mortgage rates increase and property prices decrease – a pairing that nobody wants to see. Of course, as a Guildford mortgage broker, we’ve...
by Complete Mortgages | Sep 25, 2023 | Mortgages, UK Economy, Uncategorized
Even mountain climbers have to reach the summit at some point. And, after 14 consecutive base rate rises by the Bank of England (BoE), it seems that we’ve reached the end of the climb – for now at least. Following news that inflation has dropped to 6.7% – and after...
by Complete Mortgages | Aug 20, 2023 | Mortgages, UK Economy
Ironically, despite the recent run of bad mortgage news published pretty much continuously by the media over the last few months, it transpires that the number of people getting a mortgage across the UK is actually on the up. A piece published in The Guardian revealed...
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