Tag: mortgage
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Can you get a mortgage for land without planning permission?
Land without planning permission can often be more affordable than a plot with consent to build but if you need to borrow to purchase it, you might wonder if getting a mortgage for land without planning permission is achievable. There’s a wide choice of lenders available if you’re looking for a mortgage when you’re buying…
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Are mortgage rates going down?
The Bank of England (BoE) has cut the base rate to 4.5%, marking its third reduction in six months. This comes as inflation cools but remains above target. For those wondering “Are mortgage rates going down?”, the answer is yes – but slowly. The average two-year fixed mortgage now sits at 5.89%, while a five-year…