View Finance Ltd

Mortgage Market Update This Week 🏡

📊 The Bank of England’s base rate remains at 3.75%. While there hasn’t been a recent change to the base rate, lenders are continuing to review and reprice mortgage products in response to market conditions!

🏦 Competition between lenders remains strong. Several major lenders have continued to adjust and reduce selected fixed-rate mortgage products over recent weeks as they compete for borrowers. Great time to let us shop around for you!

👀 Mortgage products continue to change frequently. Lenders are regularly launching, repricing and withdrawing products, so the range of deals available can look different from one week to the next.

Fancy a chat to see which product is good for you? Give us a call 📱

*As a mortgage is secured against your home, your home may be repossessed if you do not keep up with your payments.
*The information from this post has been sourced via Forbes Advisor UK, Reuters, MoneyFacts.
*This post is for information only.

🏡 Fun Fact Friday 🏡

Did you know the UK’s first building societies were created by groups of people pooling their money together to help each other buy homes? 🤝

It was basically an early version of “let’s all chip in so we can all get on the property ladder” 🪜

Long before mortgages looked anything like they do today.

That idea of people coming together to make home ownership possible is still at the heart of how the industry has evolved over time.

History might have changed the process… but the goal is still the same 🏡

*As a mortgage is secured against your home, your home may be repossessed if you do not keep up with your mortgage payments.
*This post is for information only.
*View Finance is FCA registered.

Starter home vs dream home 🏡

For many people, the housing journey isn’t about choosing one forever option!

It’s about deciding what feels right for the stage you’re at right now.

Some prioritise getting on the ladder sooner, others prefer to wait until they can secure something closer to their long-term ideal. 🪜❤️

Both are valid paths depending on individual circumstances, plans, and timing. ⏱️

This or that, what would you lean towards today? 📩

*As a mortgage is secured against your home, your home may be repossessed if you do not keep up with your mortgage payments.
*This post is for information only.
*View Finance is FCA registered.