Clarion Mortgage Solutions

05/09/2024

https://www.thisismoney.co.uk/money/mortgageshome/article-13812499/Mortgage-rates-return-pre-Liz-Truss-era-NatWest-launches-new-deal.html

The lowest fixed rate mortgages have fallen to levels not seen since Liz Truss was Prime Minister, after NatWest launched a new five-year deal.

02/09/2024

https://www.thisismoney.co.uk/money/mortgageshome/article-13804547/Mortgage-rates-continue-fall-HSBC-Barclays-NatWest-cut-home-loan-costs-tomorrow.html

Mortgage rates look set to fall again from tomorrow after three major high street banks all announced they will be slashing home loan costs.

01/08/2024

Hopefully the start of lower cost borrowing 💰

Welcome to the Money blog, your place for personal finance and consumer news and tips. Today's focus will largely be on interest rates as the Bank of England makes its six-weekly announcement.

01/08/2024

The BoE's rate setting committee voted by a majority of five to four to reduce the rate for the first time since the start of the pandemic.

12/07/2024

https://www.telegraph.co.uk/money/property/mortgages/fixed-mortgages-could-fall-4pc-rates-war/

Series of lenders slash borrowing costs in competition for buyers ahead of summer lull

30/04/2024

What an eventful 1st 5 years. Global pandemic after 11 months. A mini budget in October 22 kicking off a cost of living crisis🤦. Inflation into double figures then 14 bank base rare rises 🤦lost track of how many PM's 4 I think 🤦 onwards ✊️😂

27/03/2024

https://www.thisismoney.co.uk/money/mortgageshome/article-13241367/New-99-mortgage-time-buyers-ladder-just-5-000.html

Yorkshire Building Society's deal could enable first-time buyers across England, Scotland and Wales with a £5,000 deposit to purchase a home valued at up to £500,000.

22/09/2023

https://www.mortgagestrategy.co.uk/news/nationwide-cuts-rates-by-up-to-31bps-hours-after-boe-rate-hold/?eea=*EEA*&eea=c2ZjTVZqL1V1WWdMS0djRWw2dXIvcWNjbHRYZUVRMnVETWVXeGYyVlZiOD0%3D&utm_source=acs&utm_medium=email&utm_campaign=INDIGO_MOST_EDI_ALL_Daily_210923&deliveryName=DM174505

Nationwide will offer sub-5% rates, hours after the Bank of England’s surprise move to hold the base rate. The mutual says its rates on five- and ten-year fixed rates for first-time buyers and home movers will start at 4.94% from Friday (22 September). It will also cut prices across the majority o...

13/09/2023

https://www.mortgagestrategy.co.uk/news/sub-5-mortgages-may-return-in-weeks-rightmove/?eea=*EEA*&eea=c2ZjTVZqL1V1WWdMS0djRWw2dXIvcWNjbHRYZUVRMnVETWVXeGYyVlZiOD0%3D&utm_source=acs&utm_medium=email&utm_campaign=INDIGO_MOST_EDI_ALL_Daily_120923&deliveryName=DM171920

Sub-5% mortgage rates may come back to the market in the “next few weeks” as swap rates ease and markets bet that the Bank of England rate-raising cycle is coming to an end, says Rightmove. The average two-year fixed mortgage rate is 6.24%, 4 basis points lower than last week, according to the p...

10/05/2023

Key Criteria for the new Skipton 100%,Track Record Mortgage:

Key eligibility criteria

• Each applicant must be a First Time Buyer
• Each applicant must be aged 21 or over
• The same people who are renting now (and have been for the last 12
• months) must be the same people on the mortgage
• (Exceptions apply - see our website for more information)
• Must have proof of having paid rent for at least 12 months in a row,
• within the last 18 months
• Must also have 12 months experience paying all household bills
• within the last 18 months
• Each applicant will have no missed payments on debts / credit
• commitments in the last 6 months
• The monthly mortgage payment must be equal to or lower than the
• average of the last 6 months rental cost
• The deposit must be less than 5%
• Maximum loan size £600,000
• Not available on New Build flats

09/05/2023

https://www.mortgagestrategy.co.uk/news/skipton-building-society-launches-100-ltv-mortgage/?eea=*EEA*&eea=cVUycDgrN250eDFJSmhzMG45SWhjdmsyYUJFcmFKK2FoOGQvKzI4YkVyR29BUllnTzlkWDFzTGxJbDQ5N29jZQ%3D%3D&utm_source=acs&utm_medium=email&utm_campaign=INDIGO_MOST_EDI_ALL_Morning_090523%20&deliveryName=DM140122

Skipton Building Society has launched a 100% loan-to-value mortgage for renters, which was largely welcomed by brokers, although many pointed out the danger of borrowers falling into negative equity. The mutual’s Track Record Mortgage allows tenants with “a strong track record of rental payments...

24/03/2023

https://www.mortgagestrategy.co.uk/news/weekly-rate-watch-fixes-edge-lower-despite-boe-rate-rise/?eea=*EEA*&eea=c2ZjTVZqL1V1WWdMS0djRWw2dXIvcWNjbHRYZUVRMnVETWVXeGYyVlZiOD0%3D&utm_source=acs&utm_medium=email&utm_campaign=INDIGO_MOST_EDI_ALL_Daily_240323&deliveryName=DM127863

All average fixes edged lower this week, Moneyfacts data shows, despite the Bank of England raising the base rate by 25 basis points to 4.25%. The average rate for a two-year fix slipped by 5 basis points to 5.29% this Friday, while the average rate for a three-year fix fell by 7 basis points to 5.1...