Borrowers currently on a standard variable rate could find substantial savings available by remortgaging, as well as the chance to fix a rate over the longer term and protect against rate rises in the future.
There has been some discussion of late across national media around home ownership falling to its lowest level in the UK for the past 30 years, with the number of private renters soaring.
The changes to Stamp Duty announced in the Autumn Statement may help stimulate housing market activity, according to data, with more than two thirds of buyers in England and Wales benefiting from the move.
The Financial Conduct Authority today announced plans to launch its first wholesale market study into investment and corporate banking to assess whether competition in the sector is working properly.
Rightmove statistics show that the average available stock for sale per estate agency branch for the last two months (57 and 58 properties) has never been lower at the beginning of the year.