The ‘New Normal’ of mortgage rates
![](https://www.mortgage3000.co.uk/wp-content/uploads/2024/07/The-New-Normal-1024x1024.jpg)
The head of the UK’s largest home loan company, Lloyds Banking Group has been discussing the future of the mortgage market in the UK. The banking group who own a number of giants in the mortgage lending field such as Halifax and Birmingham Midshires has stated that rates of 3.5% and 4.5% will become the […]
£5000 deposit scheme launched to help first time buyers
![](https://www.mortgage3000.co.uk/wp-content/uploads/2024/04/Blue-And-Turquoise-Modern-Mortgage-Payment-Instagram-Post-1024x1024.jpg)
The mortgage was launched by Accord which is owned by Yorkshire Building Society is aimed at helping first-time buyers who can afford the monthly repayments but are struggling to get a deposit together and is vaild on houses upto £500,000. The £5000 deposit mortgage has a 5 year fixed rate of 5.99% which is slightly […]
January update – a positive start to 2024
January has proved itself to be a rather positive beginning to 2024 here at The Mortgage Desk. After a very challenging 2023 for home owners and potential buyers this month has given somewhat of a relief to the industry on a whole. Mortgage rates dropping below 5% and a pent-up demand has boosted UK house […]