Sub-1% mortgage launched for new-build homebuyers – but here’s the catch

[ A new mortgage for buyers purchasing new-build properties will offer rates of below one per cent – however, there are several important factors those considering the product need to be aware of. Own New’s rate reducer mortgage will launch from next week for customers buying houses from Barratt Developments, with further homebuilders joining from … Read more

Is this new mortgage a ‘game changer’? Five-year fix lets you switch if rates fall

[ A new five-year fixed mortgage deal has launched, allowing customers to leave after just two years fee-free. Most mortgage loans force you to either fix your costs for a set period of time – and charge a fee you if you want to leave before that time period is over – or are subject … Read more

House prices hit nine-month high

[ House prices reached a nine-month high in December, reaching £287,105, according to the Halifax house price index. The average price of a home rose by 1.1 per cent last month, the third monthly consecutive rise and means house prices rose by 1.7 per cent, or £4,800, during 2023. This beat previous expectations that house … Read more