With September's gathering of the Monetary Policy Committee (MPC), marking the first meeting since 2021 where they decided not to increase the base interest rate, attention is focused on the current state of play. Borrowers are particularly encouraged by the possibility of falling rates in the... Read more...
Please read through our monthly property market review, which will touch base on the recent developments in the property markets and how this may be affected in the future.
House prices have been rising in recent months, but is this likely to continue and is it sustainable?
According to the UK House Price Index (HPI), house prices have risen by an average of 1.7% since August 2020.
There... Read more...
Chancellor Rishi Sunak has announced that homebuyers will be exempt from stamp duty on homes up to £500,0000 until March 2021, in an effort to stimulate the housing market during the pandemic.
The stamp duty... Read more...
Hello, my name is Fiona Watts. I have recently joined the Cormorant Mortgage team as a mortgage and protection adviser.
I have worked in this sector for 27 years gaining a wealth of experience.
I work with lenders from the
It is very important to consider what types of insurance you need when taking out a mortgage.
Most types of insurance are optional but building insurance is usually compulsory... Read more...
When you take out a mortgage to replace your existing mortgage on the property you own, this is called a remortgage.
You can also remortgage your house in order to borrow additional money against your property.
The motivation to change your mortgage is usually the prospect of... Read more...
Buying a property is likely to be the biggest investment in a person’s life, and the associated mortgage will be the biggest loan a person will ever take out.
With a minefield of different products and lenders out there, it makes complete sense to seek the help of an expert in this... Read more...