Tag Result: mortgage borrowers
Base rate frozen at 5.25 per cent as inflation set to hit target by end of 2025
The Bank of England has held the base rate at 5.25 per cent for the second time in a row, ...
Homeowners taking 35-year mortgages up 117 per cent
Borrowers who have taken out a long-term mortgage spanning 35 years or more are on the ris...
Majority of UK lenders sign government mortgage charter
Around 85 per cent of lenders operating in the UK’s mortgage market have signed a govern...
Lib Dems urge Sunak to ‘haul the banks’ to Downing Street over rising mortgage rates
The Liberal Democrats have called on prime minister Rishi Sunak to hold an emergency summi...
Nationwide’s gross mortgage lending falls slightly to £33.6bn in annual results
Nationwide Building Society delivered £33.6bn of gross mortgage lending for the year endi...
FCA announces support for struggling mortgage borrowers
Mortgage lenders must help borrowers struggling to keep up with payments by extending thei...
IFAs increasingly worried about clients struggling to pay mortgages
A survey has found that two thirds of independent financial advisers (IFAs) are concerned ...
Lenders to pay borrowers £12m compensation for inadequate arrears support
Nearly 60,000 mortgage and credit borrowers are set to receive £12m in compensation from ...
Borrowers seek to remortgage after six months to avoid further rate rises
Searches for homeowners wanting to remortgage after just six months climbed by 30 per cent...
Payment holidays and cuts in spending put mortgage borrowers in good position – BoE
Mortgage borrowers were more likely to take up payment holidays and to cut their spending ...