As Chris Sykes, mortgage technical manager at Private Finance, puts it: 'Alongside the cost of living, wage increases are taxable, if you get a 5 per cent raise you might well be paying tax on that 5 ...
Since mortgage rates began rising, many of the nine million mortgaged households in the UK and close to two million landlords have been faced with the prospect of much higher payments. Before that ...
Large numbers of mortgage borrowers are continuing to opt for two-year fixed deals in the hope that interest rates will be lower when they next come to remortgage. Some 42 per cent of all ...
The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But pressure is mounting on the central bank after inflation fell to 2.3% in the 12 ...
In this six-part series, we look at, how households are coping and if a mortgage crisis is afoot. Since mortgage rates began rising, many of the nine million mortgaged households in the UK and ...
A mortgage rate is highly subjective and can vary for a variety of reasons. A news story that provides an outright level like 7.5% requires context and qualification. Some online ...
In the early 2000s, predatory lenders took advantage of consumers who believed that a big part of the “American Dream” included owning a home of their own—to disastrous global consequences.
Are you thinking about refinancing your home or purchasing a new home altogether? If so, you've likely come across a few challenges. It can be difficult to find affordable options in today's ...
A homeowner has revealed her mortgage has gone up by £480 in the last month after interest rates hit a new 15-year high. Mum-of-one Leanne Kearey, 33, described her new monthly house payment as ...
David Straughan is a content manager and veteran journalist who specializes in crafting features about industry and finance that capture their impact on people and society. With more than 13 years ...
Analysts said the falling loan costs would deliver a much-needed boost to Tory poll hopes by taking pressure off household finances. Rishi Sunak hits the road today to drive home his pledge to put ...