Property News · August 13, 2022

Mortgages: your options if you want to switch deals or are a first-time buyer


The lowdown for different categories of borrower as interest rates continue to riseRates on new mortgages are continuing to climb, leaving millions of people in the UK – from those looking to switch to a new deal to would-be first-time buyers – wondering about their options.After last week’s 0.5 percentage point interest rate increase, many mortgage borrowers worried about rising costs are unsurprisingly seeking the shelter of a fixed rate – but the deals on sale now are significantly pricier than those on offer only a few months ago. Continue reading…

Source : theguardian.com
Read more…Mortgages: your options if you want to switch deals or are a first-time buyer

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