Technology firm Twenty7Tec will release a weekly update on the best rate and average top five rates for indicative housebuyers in the UK.
The indicative groups will include purchase, buy-to-let, married couples, London professionals and first-time buyers.
James Tucker, CEO and founder of Twenty7tec, said that a lot of rates published were “notional” and the firm was “keen to make things clearer so that people can rely on the underlying data”.
He said that the indicative groups would be reported on each week and show how rates are impacted over the week, the month and then in the longer term.
Tucker continued: “Ever since we set up the business, we have believed that people make better decisions when they have better financial information at their fingertips. That goes for advisers, housebuyers and the lenders themselves.
“There’s no need to second guess the costs of a mortgage nowadays, not when you have a system like ours at your disposal.”
Tucker noted that some of the top rates would not be available to everyone but that is why it reported on averages as well.
“We have created a few groups to follow, and we’re keen to add to them over time. We’re open to suggestions as to what we should report on and will make our weekly report open and public each week. We hope that you find it useful,” he added.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
