News & Insights

When last we spoke, the mortgage market was pretty chaotic. Thankfully, we are beginning to see signs of calm. Not the type of calm that allows us all to kick back of course, more a calm that is relative in comparison to what has gone before.

This month we’re looking at mortgage rates, the debate on fixed rates versus trackers, why you shouldn’t just accept a lender’s offer on product transfers, and the rise of second charge mortgages and their very real benefit for many borrowers right now.

You’ll no doubt be aware the the Bank of England’s Monetary Policy Committee (MPC) continues to increase Bank Rate and that mortgages have been an ever-present topic in the news over the last few weeks.

Yet again (it’s becoming a painful habit) it’s been a challenging year. Those of us in the world of mortgages will never forget those few weeks after the disastrous mini-budget when the market more or less imploded.

You’ll no doubt be aware the the Bank of England’s Monetary Policy Committee (MPC) continues to increase Bank Rate and that mortgages have been an ever-present topic in the news over the last few weeks.

Hello and a (really) warm welcome to the latest edition of A Word on the Mortgage Market. Indeed, as we write this from Mortgageforce Towers, it’s rather warm.

Hello and a (really) warm welcome to the latest edition of A Word on the Mortgage Market. Indeed, as we write this from Mortgageforce Towers, it’s rather warm.

We ended 2021 with the first rise in Bank Rate for over three years. In this edition we are going to explore what that means for you and what we can expect from the mortgage market in the coming weeks and months.

First up we’re going to take a look at whether Coronavirus has changed the mortgage market forever, and what that means for you and your home loan. We’ll then briefly look at what rates are currently available.