The latest market analysis by mortgage experts, Revolution Brokers , reveals that homebuyers are now paying the most expensive monthly mortgage repayments since 2010, but that today’s costs still remain a long way off historic highs.
Official figures released by the Bank of England this week show that the number of mortgage approvals in the UK has dropped in the past month. And while...
The latest research by specialist property lending experts, Octane Capital , has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time next year.
Octane Capital analysed the cost of homeownership based on a variable rate...
The latest market analysis by Revolution Brokers has revealed that the average monthly cost of repaying a mortgage has climbed by 56% in the last decade, with a further 8% increase forecast by the end of the year.
Revolution Brokers looked at the average monthly cost of repaying a mortgage based on the average property value minus a 15% deposit and using the average standard variable...
Research by estate agent comparison site, GetAgent.co.uk, has revealed that the proportion of disposable household income required to cover the average mortgage repayment is at by far its highest in a decade, hitting 27.6% so far in 2022.
GetAgent analysed the average annual cost of a mortgage repayment based on a three year fixed mortgage at a 75% loan to value and what this equates...
