Last updated: 18th May 2022
Cumberland BS withdraws its range of cheaper deals with a high fee of £1,999.
The latest UK House Price Index this morning recorded the average UK property price at £278,436, almost a 10% increase from the same time last year.
The findings are not unusual. Recent findings from other research have returned similar results, attributing the rise to consistent strong demand.
Therefore, consumers in the market for a mortgage, whether it be a first-time buyer or a remortgage borrower, could be looking for a fixed-rate mortgage to give themselves some peace of mind over their future payments. To help those searching for such a mortgage, we have highlighted some of the lowest rates on the market.