Mortgage brokers may be steering borrowers towards two-year fixed rates rather than five or more, which allows them to collect commission more often, a Bank of England study shows. The study ...

Brokers are paid commission by the lender each time a homeowner takes a mortgage, which is typically about 0.35% of the total ...

The Bank of England is facing a growing clamour to make ... Any such move would bring down mortgage rates, which will help the hundreds of thousands of people coming off fixed rate deals, and ...

The Bank of England has held interest rates at 4.75% in December - following two falls in 2024. Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK.

Rates had been expected to fall this year due to expectations that the Bank of England will cut the base rate three or four times. But now, rising gilt yields have thrown mortgage rate reductions ...

UK house prices increased the most since 2020 and new sellers coming to the market hit a record in January, data from the property ...

There are hopes that mortgage rates will fall further over the next 12 months, with the Bank of England likely to continue to reduce its base rate. For the latest information, check out our guide on ...

We don't recommend switching just because a bank is offering short ... brokers Ltd is registered in England at Prospect House, Rouen Rd, Norwich NR1 1RE, company number 02591252. Other financial ...