There were 541,000 pure interest-only mortgages outstanding at the end of 2024, 18.5% fewer than in 2023.

There were 541,000 pure interest-only mortgages outstanding at the end of 2024, 18.5% fewer than in 2023.
HSBC is seeking to enhance its offering to mass affluent customers with a 1% advice fee promotion.
Laura Sneddon, head of mortgage sales and distribution at Hinckley & Rugby for Intermediaries, says top-slicing is not just a useful tool, it can offer a real solution for certain...
Stuart Dunk and Sonny Gohel join the new digital-only bridging lender.
In May, nearly half of all mortgage searches and ESIS documents focused on short-term fixes.
The momentum seen in the days leading up to the decision didn’t carry through once the announcement was made.
The lender’s interest-only proposition will comprise three phases, the first of which launches today to intermediaries on its panel.
Brokers were cautioned against recommending two-year fixes in the expectation that rates will be lower in two years' time.
New Build Boost launched in March as a private sector alternative to Help to Buy.
Standard mortgage rates now start from 5.48%.
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