Mortgages

If you're considering getting a fixed mortgage deal you need to act quickly as rates are expected to rise in the coming months, mortgage experts are warning.

Many of the 1.67 million homeowners with an interest-only mortgage could be at risk of losing their homes if they struggle to repay their balance at the end of their mortgage, the Financial Conduct Authority has warned.

First-time buyers will pay zero stamp duty on the first £300,000 of any home that costs up to £500,000 with immediate effect, the Chancellor announced in today's Autumn Budget. This means on a home worth less than £300,000, you'll pay no stamp duty.

The Bank of England on Thursday raised the base rate from 0.25% to 0.5% - the first rate rise in over a decade. Here's what you need to know, including the very latest on how individual banks' mortgage and savings rates are changing.

Borrowing by consumers on credit cards, loans and overdrafts is showing signs of slowing down, according to latest figures.

Almost 600,000 Lloyds, Halifax and Bank of Scotland customers who fell behind on their mortgage payments are in line for a payout totalling £283 million.

Skipton Building Society is launching a new two-year fixed-rate mortgage, offering a 0.99% interest rate if you're borrowing 60% of your home's value.

The Bank of England has asked lenders to set aside £11.4 billion to protect against defaults, as consumer borrowing grew by more than 10% in the last year. It's said it'll also tighten affordability criteria for mortgage lending.

Tesco Bank has launched the new lowest five-year fixed-rate mortgage on the market – at 1.68% with a £995 fee if you borrow 60% of your home's value when you remortgage.

Average house prices dropped in May for the third successive month, according to the latest Nationwide house price index – the first time this has happened since 2009.