by Complete Mortgages | Aug 7, 2022 | Mortgages, UK Economy
We’re not shy when it comes to talking about the benefits of remortgaging – and for good reason, too. A recent story in The Intermediary, a mortgage industry title, reported that a staggering 370,000 mortgaged homeowners on variable rate mortgages are not switching to...
by Complete Mortgages | Aug 5, 2022 | Mortgages, Property market, UK Economy
It feels as though we’ve been publishing a few of these interest rate rise articles of late. And that’s because we have. Six, in fact. Yesterday, the Bank of England (BoE) hiked up the base rate a significant 0.50% – the biggest increase since 1995 and the sixth since...
by Complete Mortgages | Aug 2, 2022 | Mortgages, UK Economy, Uncategorized
What started as the slow turning on (or off, depending on which way you look at it) of the tap has grown into a steady trickle, with many bracing for a heavy flow over the coming months. Yes, the incremental rise in interest rates is gaining momentum and the Bank of...
by Complete Mortgages | Jul 18, 2022 | Mortgages, UK Economy
Just when you thought one crisis was over, we’re now faced with another. Rising inflation and interest rates are currently amongst the UK’s next set of hurdles to jump. And, with both on the up and growing public sentiment that lenders are becoming less willing to...
by Complete Mortgages | Jun 17, 2022 | Equity Release, Mortgages, UK Economy
In keeping with our ongoing equity release mortgage advice series, here’s the latest equity release mortgage article – and this one really is a game-changer. Before we continue, it’s important to set the scene by highlighting how, when it comes to lifetime mortgages,...
by Complete Mortgages | May 6, 2022 | Mortgages, UK Economy
So, it’s happened again – interest rates have increased. This time, the Bank of England has taken the base rate up to 1.00%, up from 0.75% (which, you may recall, was only increased from 0.50% in mid-March). As you might expect, the media’s offering a comprehensive...
Recent Comments