Bank of England mortgage update: rates fall to 4.17%
The Bank of England's latest data shows new mortgage rates have dropped to 4.17%. Experts analyse the market ahead of the crucial interest rate decision. Read the full report.
Category : Search result: mortgage firm closure
Pre-Christmas Rate Cut Likely as Mortgage Rates Fall
The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.
Lloyds Bank £40k First-Time Buyer Boost from Dec 5
Lloyds Bank cuts minimum income for its First Time Buyer Boost to £40,000, unlocking £1bn in new lending. Self-employed buyers can now borrow up to 5.5x their income.
Nationwide and Virgin Money Cut Mortgage Rates
Nationwide Building Society and Virgin Money announce significant mortgage rate cuts of up to 0.19%, offering relief to UK borrowers after the Autumn Budget.
Sinkhole Causes Gridlock in Kings Heath, Birmingham
Springfield Road in Kings Heath remains closed after a sinkhole emerged during resurfacing work, causing major traffic disruption. Read the latest updates and resident reactions.
Reeves' ISA cut may push mortgage rates higher
Chancellor Rachel Reeves' plan to slash the cash ISA allowance by 40% risks reducing savings, limiting mortgage lending and pushing up rates for borrowers.
Fix your mortgage now as rates hit three-year low
Barclays and HSBC cut fixed mortgage rates. Over 40 lenders have reduced deals since November. Experts urge households to secure a new deal now before potential changes.
Cash ISA Cut Threatens Building Societies
Chancellor Rachel Reeves is set to slash the cash ISA allowance from £20,000 to £12,000 in the Autumn Budget. Experts warn this could damage the building society ecosystem and lead to higher mortgage rates. Read the full analysis.
Birmingham law firm collapses with job losses
Bell Lax Solicitors in Sutton Coldfield enters administration, resulting in redundancies. Discover the impact on the West Midlands legal sector and the reasons behind the collapse.
Mortgage rates fall below 5%: Homeowners told to act
UK mortgage rates have dropped below 5% for the first time since September 2022. Finance experts urge households to secure cheaper deals and consider professional advice.
UK house prices see £231 monthly rise as growth slows
Nationwide reports UK house prices rose 0.3% in October, adding £231 to average property values. Market shows resilience despite economic headwinds. Read the latest analysis.
North East Business Appointments Fuel Regional Growth
Major North East firms including Hay & Kilner, True Potential and British Esports announce strategic appointments and promotions, signalling strong confidence in the region's economic future.
Law Firm Knights Sees 30% Revenue Growth in H1 2025
Law firm Knights announces 30% revenue growth to £103.2m and expands into Wales with a new Cardiff office. Discover how the firm plans to sustain its growth trajectory.
Plymouth law firm named best in UK at LawNet Awards
Historic Plymouth law firm Wolferstans wins prestigious Law Firm of the Year at LawNet Awards 2025. Judges praised its strategic vision and client care. Discover their success story.
Scope closes two more shops after 77 closures
Scope charity confirms closure of Stourbridge and Folkestone shops this week, following 77 other store shutdowns. Discover how this impacts the high street.
DWP Jobcentre strike over 80 at-risk jobs in Lincoln
DWP staff in Lincoln to strike for a month after redundancy letters sent. Union slams department's 'new low' as 80 roles face axe. Read the full story.
Birmingham's Old Dresser Cafe to close after owner's death
The Old Dresser Cafe in Bearwood is closing permanently following the death of co-owner Richard Strugala from cancer. The popular spot served British and Polish cuisine.
Martin Lewis: Beware 'Free' Car Finance Checks
Martin Lewis warns about 'free' car finance mis-selling checks that sign you up to claims firms. Learn how to claim for free and protect your payout.
Nationwide earnings fall after mortgage lending dips
Nationwide Building Society reports a pre-tax profit fall to £486m as mortgage lending decreases and Virgin Money acquisition costs rise. Discover the full financial details.
Claire's closes Richmond store amid UK administration
Claire's accessories store vanishes from Richmond high street as part of major closures following US bankruptcy and UK administration. Find your nearest store.
Reeves Plans Bank Tax Raid Impacting Savings & Mortgages
Chancellor Rachel Reeves is considering a £2bn bank surcharge increase in the Autumn Budget, a move experts warn could lower savings rates and raise mortgage costs.
Nationwide loses customer's £70,000 for 10 days
Robert Milne's £70k mortgage overpayment vanished for 10 days, causing immense stress and a dispute over Nationwide's £200 compensation offer. Discover the full story.
Man critical after Birmingham road collision
A man is fighting for his life after being hit by a car on Lawley Middleway, Digbeth. Police have sealed off the major route. Avoid the area and find alternative routes.
Lawley Middleway crash blocks key Birmingham route
A major crash on Lawley Middleway in Birmingham caused significant rush hour delays, with police closing the road and urging drivers to avoid the area. Find alternative routes.
Lawley Middleway blocked in both directions
A4540 Lawley Middleway in Birmingham is closed between Garrison Circus and Curzon Circus due to a police incident, causing major traffic delays. Avoid the area and seek alternative routes.
Nationwide cuts buy-to-let mortgage rates
Nationwide's subsidiary, The Mortgage Works, reduces selected buy-to-let rates by up to 0.20%. New rates are effective from Tuesday, 18 November. A boost for UK landlords.
Barclays cuts mortgage rates by up to 0.3%
Barclays announces significant mortgage rate cuts, with Skipton and Leeds also reducing prices. Experts suggest a lender price war is brewing ahead of the Budget. Act now to secure a deal.
Pieminister closes online shop ahead of Black Friday
UK pie chain Pieminister is temporarily shutting its online store before Black Friday to prevent delivery problems and food waste. Orders resume from December 2.
Poundland confirms 19 store closures by 2026
Poundland announces 19 more store closures by 2026 as part of its restructuring. Find out which locations are closing and when the sales begin.
MPs: Cutting cash ISA limit won't boost stocks
Treasury Committee warns Chancellor Rachel Reeves that reducing cash ISA allowance could increase mortgage rates instead of stimulating stock market investment.
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