Category: Uncategorized

Find out the answer to the question, ‘does the Bank of England base rate really affect interest rates?’ in this article that looks at the current base rate. The base rate is often seen as a benchmark for interest rates across the economy in the UK. This rate is what the Bank of England charges other banks and lenders when they borrow money, making it an influential figure in the economic system.

Learn about 10% deposit Islamic finance home purchase plans in this article that looks at this unique financial product, what it means and how it works. Islamic finance, a system grounded in Islamic law (Shariah), offers a distinct approach to financial transactions, one that harmonises with the ethical and moral values of Islam.

Learn about what’s going on in the property market this year with this article that provides a comprehensive UK mortgage market overview for 2024 and beyond. As we step into 2024, the UK mortgage market presents a complex yet promising landscape for those looking to secure a mortgage. Post-Brexit economic adjustments, combined with global economic shifts, have significantly influenced the UK’s mortgage sector.

Learn about applying for a mortgage in the UK as a foreign national in this article that acts as your guide for this process in the UK while living on a visa. Navigating the property market in the UK can be complex at the best of times, but the process becomes even more intricate when you’re a non-resident with a visa. However, securing a mortgage in the UK while on a visa is possible, provided you meet certain requirements and follow the right steps.

Learn about Islamic mortgages in this article that acts as your guide to Islamic finance home purchase plans, covering key details about this financial product. Buying a home is one of the biggest purchases you’ll ever make. However, the traditional mortgage model – where borrowing money involves paying interest – can be a sticking point for those following Islamic principles, which prohibit paying or receiving interest.

Find out what you need to know about mortgages for foreign nationals in the UK with this article that discusses how these specialist mortgage products work. The UK has long been an attractive destination for foreign nationals looking to buy property, either for personal use or as an investment. However, securing a mortgage in the UK as a foreign national is not always straightforward and comes with its own set of considerations.

Find out how SONIA swap rates affect the mortgage interest rates in the UK with this article that explores what SONIA swap rates are and how they work. In the UK, the Sterling Overnight Index Average (SONIA) swap rates and their effect on mortgage interest rates is a subject of high significance.

Learn key information on the Mortgage Charter 2023 in this article that looks at the benefits – and ramifications – of this new charter from the UK Government. The UK Government looks to be spearheading this progression by rolling out a new initiative known as the Mortgage Charter.

Purchasing a property is a milestone in anyone’s life, and it can be both an exciting and nerve-wracking experience. It is a significant financial decision that requires careful planning and consideration. Whether you’re a first-time homebuyer or a seasoned investor, avoiding certain mistakes can save you from unnecessary stress and financial burdens. In this article, we’ll outline 15 essential things you should not do when buying a property to help you navigate the process with confidence.

As we journey further into 2023, the future of the UK mortgage market remains at the forefront of many minds. In a landscape shaped by the global COVID-19 pandemic, Brexit, and various other economic factors, predictions regarding mortgage interest rates in 2024 are more challenging yet crucial than ever before. This article provides an informed forecast of what we could expect from UK mortgage interest rates in 2024.