All the latest News and Updates.
All the latest News and Updates.
![The Chancellor’s Budget: How it affects your house purchase](https://images.squarespace-cdn.com/content/v1/63b6a15f83182d7d06878033/1730387385520-YDNQFR8S5KX9ME24PA15/October+Budget+Blog+Banner+-+Website.png)
The Chancellor’s Budget: How it affects your house purchase
A Budget packed with announcements, many of which affecting the property market. Here's what it might mean for you and your mortgage and your house purchase…
![How the Recent Interest Rate Cut Affects Your Mortgage.](https://images.squarespace-cdn.com/content/v1/63b6a15f83182d7d06878033/1725639719327-7BUTLJYYCI8HC4U3P1DL/Blog+Banner+Image.png)
How the Recent Interest Rate Cut Affects Your Mortgage.
Now that the news has settled in and lenders are responding, let's have a look at how The Bank of England’s recent interest rate cut to 5% is affecting mortgages.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is £695 for a purchase application and £300 for a remortgage.