Mortgage rates have fallen in the high LTV market, according to Moneyfacts.co.uk. At 5.39%, the rate on the average two-year fix at 90% loan-to-value (LTV) is at its lowest since January 2008. The average rate for a five-year fixed deal in the same LTV bracket stands at 5.87%, compared with 6.66% a year ago. For [...]
mortgage rates
Little slack in family finances for mortgage rate rises
Many UK families are under extreme financial pressure with 39% saying they are too stretched to take on any additional financial obligations, according the Aviva Family Finances Report.
With almost two-thirds of families owning their own home (average value £207,548) and with housing the largest single expenditure for UK families, Aviva suggest that any sudden changes [...]
