Category: Sussex Mortgage News

Numerous lenders across the country have made significant cuts to mortgage rates in response to improved inflation data. As of last week, around 30 lenders are now offering fixed mortgages below 5.0%, a notable increase from the 13 at the start of October. Speculation is even beginning to mount that…

In September, Worthing experienced a notable decline in house prices, surpassing the average for the South East region, according to recent figures. The property market in Worthing saw a 1.4% drop during this period, contributing to an ongoing trend that has led to a 3.6% annual decrease in property prices…

Barclays is now part of the ongoing mortgage rate war, offering homeowners in Sussex a compelling opportunity with its latest two-year fixed-rate deal below 5%. This move follows the recent trend set by other major lenders, including Nationwide, Halifax, and HSBC, all unveiling sub-5% offerings in the past week. For…

HSBC is now offering a highly competitive five-year fixed-rate for home purchases in Sussex at 4.59%. This offer, accessible through Gareth, includes a five-year fixed rate for remortgage at 4.84%. Both deals, whether for purchase or remortgage, cater to borrowers with a 40% equity or deposit (60% loan to value)…

UK inflation dipped to 4.6 percent in the year leading up to October, primarily due to a decrease in housing and household services costs. This news brings relief to many households in Sussex, even though consumer price inflation remains notably above the Bank of England's 2 percent target. For individuals…

Good news for Sussex residents seeking mortgage deals, as major lenders in the UK, including HSBC's First Direct and Lloyds' Halifax, have today announced significant rate cuts. First Direct has implemented cuts of up to 0.40 percentage points, while Halifax has reduced its mortgage rates by up to 0.46 percentage…