More homeowners are considering turning to lifetime mortgages to help fund their retirement, according to data from LV=. Around 10% of adults plan to use the value of their home to help fund life after work, and more specifically, 27% of those surveyed are considering equity release as part of their future financial planning, up … Read more
Remortgage instructions jumped 31% in January as this year promises to see the highest number of product expiries since the pandemic, according to LMS. Around 45% of those who remortgaged took out a five-year fix, the most popular product last month, reports the conveyancer’s latest monthly Remortgage Snapshot. The average remortgage loan amount in London … Read more
Effective from tomorrow, Friday 21st February, Nationwide Building Society will be reducing selected mortgage rates by up to 0.33%, with rates now starting from 4.09%. For new customers moving home, the lender is introducing reductions of up to 0.22% across 2-, 3- and 5-year fixed rate products up to 95% loan-to-value (LTV). This includes a … Read more
