finance
monthly
Personal Finance. Money. Investing.
Updated at 15:50
Contribute
Premium
Awards

Mortgages

Navigate the world of home ownership with the Mortgages section of Finance Monthly. This segment offers expert advice and the latest information on mortgage options, rates, and trends. Whether you're a first-time buyer, looking to refinance, or exploring investment properties, our resources provide valuable insights to help you make informed decisions.

more information

From understanding mortgage terms to tips on securing the best rates, we're here to guide you through the process of financing your home, simplifying complex concepts and helping you achieve your property dreams.
Finance Monthly Illustration

How is Council tax calculated?

10th April 2024
The government has announced that they will be increasing the cost of council tax due to the rate of inflation in the UK. How they calculate your council tax The cost of Council tax is determined from the valuation of the property from 1991 in England and Scotland and 2003 in Wales. If your property […]
Read the full article

How mortgages lenders have reacted to interest rate and inflation news and why it effects you

4th April 2024
As the news filtered through that the Bank of England had decided to keep interest rates stable at 5.25% for the fifth consecutive time on the 21st of March 2024, mortgage lenders have reacted to what it means for their clients. It was a decision that came only a day after the Office of National […]
Read the full article

How much of my salary should be spent on the mortgage?

4th April 2024
Your mortgage is going to be a huge financial investment and something new to factor in to your budget and financial abilities. When deciding what mortgage to borrow both yourself and the lender will have to evaluate your current financial situation including any existing debt to decide what repayments you can comfortably make. Before you […]
Read the full article

The Mortgage application process

19th March 2024
So you have found your dream property and have had your offer accepted, now you are ready to handle the nitty gritty mortgage details. You will have to find the best mortgage deal that works for you and then you can apply online or over the phone. You may choose to go with a broker […]
Read the full article

Best fixed rate mortgages

13th March 2024
As of March 2024 below are the best 2 year and 5 year fixed term mortgage rates. With a fixed term mortgage you will not be affected by changing interest rates and you will often pay lower rates than if you were on a variable rate mortgage. If your fixed term is coming to an […]
Read the full article

House Prices are Falling

6th March 2024
House prices are falling and many believe they will continue on this path through 2024. This sounds like good news, however for those selling their properties, this means they are having to reduce their asking price. Also, with high and rising mortgage rates, many people still can’t afford to buy. Predictions for the Property market […]
Read the full article

London's Architectural Majesty: A Gateway to Prestigious Living

5th March 2024
London, a city where history and modernity converge in a stunning tapestry of architectural marvels, stands as a beacon of heritage and innovation. The city's diverse skyline, shaped by centuries of cultural and historical influences, not only defines its aesthetic charm but also sets the stage for one of the world's most coveted real estate […]
Read the full article

How much is a house deposit?

28th February 2024
You want to get on the property ladder but don’t know where to start? You aren’t alone, thousands of people in the UK struggle to make the leap due to rising prices. When you decide you want to buy a house have a good credit card score is important with little to no debt. If […]
Read the full article

How to Prepare for a Rise in Mortgage Rates

27th February 2024
You should talk to your lender If your fixed rate term is coming to and end in 2024 you could be affected by the rising interest rates. You will have to remortgage or you will be placed on your lender’s standard variable rate which is often expensive. When you remortgage the interest rate will now […]
Read the full article

Interest rates are rising

26th February 2024
We have recently seen lenders hike up the prices for mortgage funds causing millions of people a much higher rate on their mortgage bills with some at a staggering 7%. The BBC informs us that banks such as HSBC, NatWest and Virgin Money are all increasing the cost of new deals. Why are mortgage interest […]
Read the full article

What are the different types of mortgages?

14th February 2024
When buying a house, you will have to take out a mortgage loan from a bank or building society of your choice such as Lloyds, Barclays, Nationwide, NatWest Bank and more. It is overwhelming to wade through all the jargon and information so this is a short guide on the different types of mortgages that […]
Read the full article

What is the new Dutch-style mortgage?

12th February 2024
There is a new mortgage model coming to the UK soon which could make it more affordable to take out a mortgage for more people. This new mortgage model is designed to save the borrower money as well as reduce the risk to the lender. It’s a win-win for everyone! This involves the interest rate […]
Read the full article
1 2 3 4

About Finance Monthly

Universal Media logo
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
© 2024 Finance Monthly - All Rights Reserved.
News Illustration

Get our free weekly FM email

Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every week.
chevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram