Recent News
3rd
January
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Sales of variable rate remortgages plummet: LMS
Sales of variable rate remortgages plummet: LMS : Sales of variable rate remortgages have plummeted in the past year, with homeowners looking for certainty over their mortgage repayments. According to figures from LMS, sales of variable remortgage have declined by 75 per cent over the past 12 months,… Read More
3rd
January
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Remortgage market goes all-in on fixed rate deals
Remortgage market goes all-in on fixed rate deals : Just five per cent of remortgage loans agreed in October were on a variable rate basis as the popularity of fixed-rate deals has soared over the last year. Borrowers also appear to be opting for security by reducing rates… Read More
3rd
January
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5-year fixes 10x more popular than variable rates for remortgage
5-year fixes 10x more popular than variable rates for remortgage : For remortgage 5-year fixed rate transactions exceeded variable rate business by 10 times in October, LMS research indicates. The popularity of variable rate remortgages has fallen significantly in one year – with borrowers overwhelmingly opting for a… Read More
3rd
January
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Would you opt for a tracker mortgage if interest rates are set to go up in 2018? Here’s why it might be worth it
Would you opt for a tracker mortgage if interest rates are set to go up in 2018? Here’s why it might be worth it : The number of homeowners opting for a variable rate when they remortgage has plummeted 75 per cent over the past year as the Bank… Read More
6th
December
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Transformative year for the remortgage market
Transformative year for the remortgage market : LMS has reported that, over the last 12 months, the remortgage market has transformed with demand for fixeddeals surging – while the popularity of variable remortgages has plunged. Read More
20th
July
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Variable rate demand drops 75% in one year
Variable rate demand drops 75% in one year : Consumers were correct – borrowers identified that a rate rise was likely, and many smartly capitalised on the situation. Read More
29th
May
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Demand for longer term fixed rate mortgages rises in the UK
Demand for longer term fixed rate mortgages rises in the UK : Over the last 12 months, the remortgage market in the UK has transformed. Read More