🏡 Mortgage Market Update: June 2025

🏡 Mortgage Market Update: June 2025

Navigating the Evolving Landscape of UK Mortgages As we approach mid-2025, the UK mortgage market continues to adapt to changing economic conditions, regulatory shifts, and evolving consumer needs. Here’s a breakdown of the latest developments impacting borrowers and lenders alike. 📉 Interest Rates: A Gradual Decline The

Read more

UK interest rates raised to 1.25%

UK interest rates raised to 1.25%

UK interest rates raised to 1.25% by Bank of England UK interest rates have risen further as the Bank of England attempts to stem the pace of soaring prices. Rates have increased from 1% to 1.25%, the fifth consecutive rise, pushing them to the highest level in

Read more

95% Mortgages Are Back

95% Mortgages Are Back

95% Mortgages Are Back! What’s the backstory? The government announced today that it will support lenders in offering mortgages with a loan-to-value (LTV) of 95 percent, which are deals for those with a 5% deposit. What is the significance of this? Since Covid, many banks and lenders

Read more

Stamp duty holiday extended

Stamp duty holiday extended

Stamp duty holiday extended The Chancellor, Rishi Sunak, presented the details of his spring Budget in Parliament today, outlining the government’s taxes and expenditure plans for the coming year. Two major policies are particularly relevant to homebuyers and sellers. Here is Firco’s take on what you should

Read more

‘Astonishing’ recovery for mortgage market

‘Astonishing’ recovery for mortgage market

‘Astonishing’ recovery for mortgage market! At the height of lockdown, dire predictions of economic disaster, huge job losses and a deep property market slump were relentless. It seemed there was no good news to be found. While uncertainty still prevails, sparks of hope are beginning to creep

Read more

New property trends emerge following lockdown

New property trends emerge following lockdown

New property trends emerge following lockdown! The property market is gradually showing signs of recovery and a number of new trends are emerging. It’s likely that these trends will continue to influence the market over the coming months. Sales rise due to high demand Pent-up demand and

Read more