Mortgage Shop Financial Services In The News & Press Release Coverage
Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have appeared in from Birmingham Mail
Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have appeared in from Birmingham Mail
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Santander has revealed that, on Wednesday 29 November, it is reducing selected residential and buy-to-let fixed rates in the new business and product transfer ranges. In terms of new business, selected standard residential fixed rates will be reduced by between 0.03% and 0.27%, and selected New Build exclusive fixed rates will be reduced by between 0.05% and 0.29%. Financial Experts give their opinions: https://www.birminghammail.co.uk/news/midlands-news/santander-announces-new-rules-mortgage-28189029
After Christmas, Nationwide - the UK's biggest building society - has announced rate cuts on selected mortgages including some fixed-rate mortgages. Nationwide has finally taken the opportunity to cut most of its fixed rates from TOMORROW. After Christmas, Nationwide - the UK's biggest building society - has announced rate cuts on selected mortgages including some fixed-rate mortgages. Experts discuss: https://www.birminghammail.co.uk/news/cost-of-living/nationwide-announces-new-rules-account-28498630
Rates will be up to 0.25% more from Tuesday 30 April as the Cost of Living crisis continues to impact UK households nationwide. Santander has just announced a suite of rate increases for both fixed and tracker deals across their residential and Buy to Let products. Rates will be up to 0.25% more from Tuesday 30 April as the Cost of Living crisis continues to impact UK households nationwide. Experts react: https://www.birminghammail.co.uk/news/cost-of-living/santander-announces-sad-change-accounts-29077792?int_source=mantis_rec&int_medium=web&int_campaign=more_like_this
NatWest says the changes - announced on Monday - are for new and existing customers, taking its best deals below 4% in line with its competitors. Mortgage Experts give their opinions: https://www.birminghammail.co.uk/news/cost-of-living/natwest-announces-new-rules-mortgage-28452544
Effective 12 March, the lender says it's making the following changes to its Existing Customer product range and switcher rate has been hiked up to 10bps on selected 2 and 5 year deals. NatWest has increased rates for existing borrowers. Effective 12 March, the lender says it's making the following changes to its Existing Customer product range and switcher rate has been hiked up to 10bps on selected 2 and 5 year deals. Experts give opinion: https://www.birminghammail.co.uk/news/cost-of-living/natwest-under-fire-over-new-28794035
Virgin Money has announced the launch of its new Fix and Switch Mortgage and boasts: "You won’t find a five-year fixed, with a two-year ERC, from any other provider." Virgin's Fix and Switch is a five-year fixed rate mortgage with a difference – its ERC only lasts until the end of year two. After that, there’s no ERC. This means customers get five-year protection against rates going up, but if they go down, they can switch to another deal after two years. Newspage asked mortgage brokers for their comments on this newly announced mortgage deal: https://www.birminghammail.co.uk/news/cost-of-living/virgin-media-issues-message-customers-28517365?utm_source=whatsapp&utm_medium=social&utm_campaign=sharebar
Bank rates up to 0.22 per cent higher from Tuesday 30 April as the Cost of Living crisis continues across the country. NatWest has followed Santander this morning with similar increases across the full range of residential and buy-let fixed rate deals, up to 0.22 per cent higher from Tuesday 30 April as the Cost of Living crisis continues across the country. They are also extending the range of High-Value mortgage options, especially for those with £2m or more borrowing requirements. Experts Discuss: https://www.birminghammail.co.uk/news/cost-of-living/natwest-rolling-out-change-accounts-29077763
The Bank of England has made the decision to leave rates unchanged, with financial services experts, estate agents and other small business owners based around the UK saying it's a "sigh of relief". The Chair invited the Committee to vote on the proposition that Bank Rate should be maintained at 5.25 per cent. After the Bank of England decision, some experts said it would be "music to the ears" of mortgage holders with the UK's biggest lenders like Lloyds, Barclays, HSBC, Natwest and Santander. Experts Opinion Follows: https://www.birminghammail.co.uk/news/midlands-news/music-ears-warning-issued-anbody-28032037
Halifax has just announced selected fixed rate cuts, which will go live from tomorrow. Halifax has delivered a "a massive mortgage curveball" as it cuts fixed rates. Halifax has just announced selected fixed rate cuts, which will go live from tomorrow. With a number of other major lenders announcing rate increases today and this week, we asked brokers what's going on: https://www.birminghammail.co.uk/news/cost-of-living/halifax-issues-24-hour-warning-28686818?utm_source=linkedin.com&utm_medium=social&utm_campaign=sharebar
Newspage asked brokers for their thoughts on this interesting re-price from Santander, and what effect this might have on the rest of the market in the coming days. Read their comments: https://www.birminghammail.co.uk/news/cost-of-living/santander-announces-change-accounts-brilliant-28615225
The high street bank has confirmed cuts from 0.04% to 0.11% and the launch of a new remortgage product up to 60% LTV from Thursday September 7. Experts react as follows: https://www.birminghammail.co.uk/news/midlands-news/santander-issues-24-hour-warning-27666005
NatWest has followed Santander this morning with similar increases across the full range of residential and buy-let fixed rate deals, up to 0.22 per cent higher from Tuesday 30 April as the Cost of Living crisis continues across the country. They are also extending the range of High-Value mortgage options, especially for those with £2m or more borrowing requirements. Experts give their feelings: https://www.birminghammail.co.uk/news/cost-of-living/natwest-rolling-out-change-accounts-29077763
Hot on the heels of HSBC, Halifax has announced it is reducing its mortgage rates again on Wednesday 15 November. Following the news, one broker said some rates, based on the current direction of travel, could even start with a three before the year is out in December. https://www.birminghammail.co.uk/news/midlands-news/six-week-warning-anybody-mortgage-28103472
Barclays has just announced reductions to its Fixed Rate purchase deals, with some rates up to 0.39 per cent cheaper at the higher Loan to Value pricing. These rate changes are effective from tomorrow, Wednesday 8 May. We asked mortgage brokers for their thoughts on this announcement from Barclays, and whether other lenders will follow suit. This was a common strategy early in January as lenders moved purchase and remortgage rates in different directions. https://www.birminghammail.co.uk/news/cost-of-living/barclays-announces-change-accounts-from-29125184
