1st UK Mortgages

31/01/2023

Bank of England poised to raise interest rates for 10th time in a row:

https://www.theguardian.com/business/2023/jan/30/bank-of-england-poised-to-raise-interest-rates-for-10th-time-in-a-row

Policymakers face balancing act between driving inflation down and risk of deepening economic slump

30/01/2023

The end of Help to Buy will be painful for :

https://www.investorschronicle.co.uk/news/2023/01/26/the-end-of-help-to-buy-will-be-painful-for-housebuilders/

The soon-to-close scheme inflated profits but builders are hoping an industry-run replacement will save them

27/01/2023

Best friends forever...

26/01/2023

The thought of the day...

24/01/2023

Monthly payments could fall by around 25% by the end of the year, new research from shows:

https://www.mortgagestrategy.co.uk/news/monthly-mortgage-payments-could-fall-by-25-by-end-of-2023-quilter/

Monthly mortgage payments could fall by around 25% by the end of the year, new research from Quilter shows. The latest government house price index data shows that in November last year, the average UK property cost £294,910. During the same period, mortgage rates peaked at around 6% in the afterma...

23/01/2023

UK lenders fear spike in defaults as cost of living hits home:

https://www.theguardian.com/money/2023/jan/19/uk-lenders-fear-spike-in-mortgage-defaults-as-cost-of-living-hits-home

Bank of England survey shows lenders expect steep rise in borrowers failing to make monthly repayments

20/01/2023

I have my eye on you...

19/01/2023

Very pleased to see that we now have over 5,900 followers on Twitter - next target 6,000!

https://twitter.com/1stukmortgages

We would like to thank everyone for your wonderful support.

17/01/2023

What the experts say about fixing your now as rates fall below 5%:

https://www.walesonline.co.uk/news/cost-of-living/fix-mortgages-interest-rate-deals-25968140

With interest rates going down, is now the time to fix your mortgage?

16/01/2023

With interest rates predicted to continue rising this year, will rates follow suit? And how can borrowers choose the right deal?

https://www.unbiased.co.uk/news/mortgages/mortgage-rates-are-falling-but-what-does-2023-have-in-store

Despite soaring above 6 per cent last autumn, fixed-rates mortgage deals are starting to improve. But what does the rest of 2023 have in store?

13/01/2023

Size comparison of a Maine C**n and American Shorthair...