Andrew Montlake

2 months ago | mortgagestrategy.co.uk | Roger Baird |Rob Clifford |Andrew Montlake

The lowest mortgage rate on the market is a two-year fixed rate loan, with a 40% deposit at 3.86%, according to the Rightmove weekly mortgage tracker. This fix is down 9 basis points on a week ago and 60bps on the year. However, the property website adds that the average two-year fix with a 40% deposit is 4.25%, down a single basis point on last week and 45bps from a year ago. The average five-year fix with a 40% deposit is 4.18%, down 2bps on the week and 16bps from 12 months earlier.

2 months ago | mortgagestrategy.co.uk | Becky Bellamy |Andrew Montlake

Accord Mortgages has made cuts across to its buy-to-let (BTL) product range by up to 0.15%. These latest reductions from the intermediary-only lender include a discount of as much as 0.15% on two- and five-year fixed rates. Three-year fixes have been cut by up to 0.10%, and two-year tracker option rates have also been lowered by up to 0.15%. The lender has also trimmed fees from £3,495 to £1,995 on selected three-year fixed rates.

2 months ago | mortgagestrategy.co.uk | Andrew Montlake

After the tongue-in-cheek mirth of my last column, which was invaded by a power-hungry orange American, all that frivolity has suddenly turned into foreboding with the recent pictures coming out of the Big Top that is the White House. This is now the scene for the very darkest of comedies, led by a cast of clowns that, if it was in an episode of Veep (watch it if you never have), you would criticise for being just too unbelievable.

Mar 6, 2025 | coreco.co.uk | Andrew Montlake

As we roll through 2025, the mortgage market continues to throw up its fair share of twists and turns as it reacts to a whole host of external economic and political events. Inflation, interest rates, global trade battles, tantrums, tariffs, wage growth, and a struggling economy all play a part in a conflicting maelstrom of forces. Beyond the headlines of Ukraine and geopolitics, the growing tit-for-tat tariff war is setting the stage for economic shifts that could ripple through the UK.

Feb 25, 2025 | mortgagestrategy.co.uk | Becky Bellamy |Andrew Montlake

The average rental yields achieved by landlords increased to their highest level since March 2011 during Q4 2024, Paragon Bank reveals. Rental yields achieved by landlords reached an average of 6.93% in December 2024. The figures reveal that the high follows an increase from 6.72% at the end of Q3 2024 and represents an increase of 30 basis points since the same period in 2023.