House Prices Set For Greater Regional Variation

By: Hunter Lending Team

Published on: 26/08/2024

The growth of English house prices is slowing. In contrast, both Scottish and Northern Irish house prices are heading for boom periods, according to new figures. Nationwide predicts that house prices in Scotland and Northern Ireland are set to become increasingly dislocated from trends in England and Wales, as the countries have witnessed far faster house price growth over the year, increasing the need for larger mortgages. House prices in Northern Ireland rose five tim...

Mortgage Blogs

Remortgaging – Is It Still Worthwhile?

By: Hunter Lending Team

Published on: 22/08/2024

Mortgage lenders have a derogatory name for people who switch mortgage lenders to follow lower rates – they call them “Rate Tarts”. The author has a much more apt description – Shrewd Shoppers! After all, who spends more for exactly the same product, in this case money, when you can get it cheaper elsewhere? After all a £ from one lender as effective as a £ from another! The mortgage market is highly competitive and as long as lenders use price as the main weapon in their...

Mortgage Blogs

Remortgaging – Is It Worth Being A Rate Tart?

By: Hunter Lending Team

Published on: 22/08/2024

Mortgage lenders call people who switch mortgage lenders to follow lower rates ‘Rate Tarts’ – as if that’s going to put them off! These are tarts with brains (not hearts) as we all know that the best way to get the cheapest deal is to shop around, and that’s what they’re doing! The mortgage lenders are in heavy competition with each other to attract the most customers, and although some offer other incentives like free valuation and set up fees, it’s the interest rate tha...

Mortgage Blogs

Millions Rely On Fictional Mortgage Benefit

By: Hunter Lending Team

Published on: 05/08/2024

Around 3.85 million home owners believe that a non existent state benefit will enable them to keep up with mortgage repayments in the event of losing their income. Almost one in ten home owners wrongly believe that the government will pay their mortgage if they are unable to do so for reasons such as redundancy or illness, according to new research. However, the government will not help anyone with mortgage payments for the first nine months of unemployment and after th...

Mortgage Blogs