What Rising Unemployment, Interest Rates and Inflation Mean for Homeowners and Mortgage Borrowers
New figures released by the UK’s Office for National Statistics (ONS) show that the economy is facing a mixed and uncertain outlook. Unemployment has increased slightly, wage growth is slowing, and concerns around inflation remain high due to ongoing global tensions and rising energy prices.
What Recent Market Movements Could Mean for Mortgage Rates
UK government bond markets experienced renewed pressure this week after reports of fresh attacks on commercial ships near the Strait of Hormuz unsettled global financial markets. The uncertainty pushed 10-year gilt yields up to 4.65%, compared with 4.49% .
How Buy to Let Mortgages Work for First Timers
Buy to let mortgages are a common way for people to buy a property they plan to rent out to others. It's different from a standard mortgage, where you'd live in the home yourself. If you're thinking about becoming a…