Rates decision next week, What to expect.

Rates decision next week, what to expect. As we enter spring and eventually summer, what can we expect for mortgage rates? With inflation appearing more under control will the Bank of England start to cut rates and when will this filter through to the mortgage market? The rates decision is next week, what can you […]

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Spring Into Action

Spring has sprung and the housing market is looking good Spring has sprung and the housing market is looking good. As the vibrant hues of spring paint the landscape, it’s not just nature that’s experiencing a rejuvenation. The mortgage market in the UK is also showing signs of levelling out, bringing a sense of stability

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Rates unchanged at 5.25%. Green shoots appearing?

Bank of England announcement, rates unchanged at 5.25% Following on from recent inflation figures The Bank of England have voted 8 – 1 to leave rates unchanged at 5.25%. This can only be viewed as good news and hopefully indicates that cuts may be closer than originally predicted. Fixed rate mortgages are priced in line

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Homes becoming more affordable?

Are homes becoming more affordable? We take a look. Lets take a look at the factors There’s no denying that we’ve all been through a tough time over the last couple of years. More expensive mortgage rates have put quite a dent in our pockets and that’s without taking into account that everything else has

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Rates under 4%!

The Wait is over… Happy New Year! We hope this message finds you well and ready to embrace the positive changes that 2024 is bringing. At Prospect Tree Mortgages, we are excited to share some fantastic news with you – There are now mortgage rates below 4%, a major high street lender had brought out

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2024 A Return to Normality?

2024 A Return to Normality? As we embark on a new year, Prospect Tree Mortgages clients can anticipate a host of positive developments in the mortgage market, setting the stage for a prosperous 2024. Here’s a closer look at the favourable trends that bode well for homeowners and aspiring buyers alike. Hopefully we see in

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Unlocking Savings: Real-time interest rate monitoring.

Unlocking Savings: Why real-time interest rate monitoring and using Prospect Tree Mortgages is the Smart Choice In the expansive realm of the UK mortgage market, where every decision shapes your financial future, real-time interest rate monitoring and the choice of a mortgage takes centre stage. Prospect Tree Mortgages are here to guide you through not

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Inflation at its lowest level since 2021

The latest inflation stats from ONS for November show a fall from 6.7% to 4.6% which was more than expected. This means inflation is at its lowest level since 2021. This is good news for borrowers as it takes the pressure off the Bank of England to increase the base rate. This may lead to

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Mortgages for Sports Professionals: The Expert Touch

Embarking on the journey to homeownership is a significant milestone for anyone, but getting mortgages for sports professionals comes with its own set of challenges and intricacies. The world of mortgages is complex, and finding the right strategy tailored to the unique financial landscape of a sports career is crucial. In this game, success often

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Rates unchanged at 5.25%. Green shoots appearing?

Bank of England announcement, rates unchanged at 5.25% Following on from recent inflation figures The Bank of England have voted 6 – 3 to leave rates unchanged at 5.25%. This can only be viewed as good news and hopefully indicates that cuts may be closer than originally predicted. Fixed rate mortgages are priced in line

Rates unchanged at 5.25%. Green shoots appearing? Read More »

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