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Mortgage News

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Should you get a green mortgage?
Derin Clark

Derin Clark

Online Reporter
Published: 27/10/2020

An energy efficient home can not only reduce monthly utility bills and be easier to sell, but can also lower mortgage rates through applying for a ‘green’ mortgage.

Although green mortgages are still relatively new products, they are becoming increasingly popular with mortgage lenders and many well-known high street lenders are now offering these types of mortgages. Barclays, for example , has a Barclays Green Home Mortgage range that enables those purchasing a new-build property with an energy efficiency rating of A or B to get a lower mortgage rate. Meanwhile, back in February, Nationwide launched its green mortgage range that offers preferential rates to those buying a new-build property that has an A-rated Energy Performance Certificate (EPC).

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The best residential mortgage rates 23.10.20

The very best mortgage rates largely remain unchanged this week for those wanting to remortgage or move home. The mortgage market continues to be difficult for first-time buyers, with many mortgages at 90% loan-to-value (LTV) only available in specific regions or with a guarantor. A mortgage broker can help buyers and those wanting to remortgage to find the best mortgage deals.


Below we have highlighted the lowest rates available in the remortgage and moving home charts, as well as some of the best deals in the guarantor mortgage chart. Borrowers should be aware the lowest rates may not offer the best deal overall and should also consider factors such as product fees and incentives when choosing a mortgage.

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Should you invest in a commercial property conversion?

Last month, decades-long planning regulations were changed so that those looking to convert a commercial property into a residential one now no longer need planning permission. This change, combined with the fact that many commercial landlords are struggling to find business tenants and the continuing residential housing crisis, means that buying a commercial property and converting it into a residential one could be a good investment opportunity.

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The best residential mortgage rates this week 16.10.20

Although the housing market remains strong at the moment, mortgage lenders are tightening their lending criteria, making it harder for some buyers to secure a mortgage. First-time buyers are finding it particularly difficult in the current climate to secure mortgages and may want to consider a guarantor mortgage as a way of getting onto the property ladder. Those struggling to get a mortgage should consider speaking to a mortgage broker who will be able to provide the best deals available for their circumstances.

Below we have highlighted the lowest rates available in the remortgage and moving home charts, as well as some of the best deals in the guarantor mortgage chart. Borrowers should be aware the lowest rates may not offer the best deal overall and should also consider factors such as product fees and incentives when choosing a mortgage.

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Is using equity release to pay off an interest-only mortgage a good option?

The 1990s saw a boom in interest-only mortgages, but many homeowners will now be coming to the end of their mortgage term still with the full or a large amount of the capital needing to be paid off. This can be a stressful time for homeowners, who risk losing their home if they are unable to repay the mortgage when the term ends and as a result, some have looked towards equity release as a way of repaying their mortgage.

While equity release can be a good way of releasing money built up in a home’s equity, it does have a long-term financial impact and, as such, speaking to an independent financial adviser is essential before committing to equity release. For those who have an interest-only mortgage and are thinking about using equity release to pay off the outstanding mortgage, we’ve looked at whether this is possible and the alternatives available.

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Mortgage rates rise for third consecutive month

12th October 2020

Consumers looking to lock into a new mortgage deal should act quickly, as mortgage rates continue to rise while the number of deals available is falling

Consumers looking to lock into a new mortgage deal should act quickly, as mortgage rates continue to rise while the number of deals available is falling

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The best residential mortgage rates this week 09.10.20

9th October 2020

There have been few changes to the best mortgages available this week. Barclays Bank has withdrawn some of its mortgages this week and, as a result, there have been a few changes to the best remortgage and moving home mortgage rates.

There have been few changes to the best mortgages available this week. Barclays Bank has withdrawn some of its mortgages this week and, as a result, there have

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The best buy-to-let mortgage rates 07.10.20

7th October 2020

Here are the lowest rates for buy-to-let mortgages available this week to landlords. This includes the best rates available to those using a limited company for their buy-to-let portfolio and for first-time landlords.

Here are the lowest rates for buy-to-let mortgages available this week to landlords. This includes the best rates available to those using a limited company for

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House prices reach record high according to Halifax House Price Index

7th October 2020

House price data for the month of September 2020 released today by the Halifax show that prices have continued to rise. House prices are now 7.3% higher compared to September last year.

House price data for the month of September 2020 released today by the Halifax show that prices have continued to rise. House prices are now 7.3% higher compare

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Most Popular Mortgage News

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Invest in property or a pension - which is best to boost your retirement?

6th August 2020

The numbers of people searching for buy-to-let in the UK has seen an increase of more than 2.5 times from the end of March to mid-July, according to Google trends data.

The numbers of people searching for buy-to-let in the UK has seen an increase of more than 2.5 times from the end of March to mid-July, according to Google tren

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10-year fixed mortgage market flourishes

10th January 2017

Given upcoming negotiations on the UK’s relationship with the EU, we are expected to have some uncertain times ahead. As a result, many borrowers will be seeking long-term mortgage repayment security, and happily, the 10-year market is flourishing.

Given upcoming negotiations on the UK’s relationship with the EU, we are expected to have some uncertain times ahead. As a result, many borrowers will be...

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10-year mortgage rates compete

22nd January 2019

Borrowers weighing up their mortgage options may be wondering which way to turn, as while two and five-year rates are low compared with recent years, many are seeking further security – and could be turning to long-term mortgage deals as a result.

Borrowers weighing up their mortgage options may be wondering which way to turn, as while two and five-year rates are low compared with recent years, many...

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10-yr fixed mortgage rates starting to rise

20th February 2018

Given ongoing speculation of base rate rises, many will be looking to fix their mortgage repayments for as long as possible. The 10-year rate, which saw a record low average of 2.96% at the start of February, is now unfortunately starting to rise.

Given ongoing speculation of base rate rises, many will be looking to fix their mortgage repayments for as long as possible. The 10-year rate, which saw a...

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