Bank of England raises interest rates to 5.25 per cent
The Bank of England has announced a 25 basis point increase in the base rate, bringing it to 5.25 per cent. Marking the 14th consecutive rise, this decision follows better-than-anticipated consumer price inflation (CPI) data for June, which showed a decline to 7.9 per cent. Within the nine-member Monetary Policy Committee, the decision was far […]
UK Inflation falls. Market impact
In response to the most recent inflation figures, Head of Business David Wise provides an insightful perspective: “Finally, inflation is moving in the right direction. The focus is firmly on August inflation figures to see if this is gaining momentum” In the past few weeks swap rates have demonstrated relative stability, leading to a decrease […]
What next for mortgage rates as much of the Mini-Budget is reversed?
House prices hit a record high in August, according to latest figures from the Office for National Statistics, with average values rising by 13.6 per cent, or £36,000 on an annual basis. However, this data looks historic given what has happened in recent weeks, with the recent economic turmoil following the mini-Budget causing mortgage rates […]
Mortgage approval rise as pandemic property boom continues
The pandemic property boom shows no sign of abating with net mortgage borrowing of £6.2 billion in February, the highest in nearly five years. However, fewer mortgages were approved during the month, according to the Bank of England, as many buyers realised they would not be able to meet the original stamp duty holiday deadline, […]
House prices rise at fastest pace in nearly six years
November tends to be one of the quieter months of the year for the housing market, as buyers and sellers are distracted from house moves as they start to focus on the festive period. But this year it is very different. UK house price growth is at the fastest pace for almost six years, according […]
Best mortgage broker – nominated!
We’ve been nominated for this year’s British Bank Awards in the Best Mortgage Broker category. This award is voted for ONLY by customers and you can help us win by giving us your review – just click the link! PLUS you’ll be automatically entered into a draw to win £1,000 cash prize – Vote Here… […]
thewealthnet – Top mortgage broking firm 2019
Fitch & Fitch are delighted to have been named one of the Top Mortgage Broking Firms in 2019 by thewealthnet. Great recognition of our fantastic team!
Best London broker – Finalist!
Fitch & Fitch are delighted to be a finalist for BEST LONDON MORTGAGE BROKER at the 2019 Mortgage Introducer Awards, the jewel in the crown of the UK mortgage industry. The 2019 awards will promote and celebrate the outstanding achievements of businesses and individuals, and their contributions to the industry in 2019. PLEASE VOTE FOR […]
Thinking of remortgaging?
While long hot sunny days are at the forefront of most people’s minds, those who can bear to look a little further forward may find that it will save them money in the long run. Over £26 billion-worth of mortgages are due to mature this October, the largest monthly volume of the year, with lenders […]
Mortgage strategy awards – winner
Fitch & Fitch’s network company, JLM Mortgage Services Ltd were winners at last night’s Mortgage Strategy Awards at the Grosvenor House Hotel, picking up ‘Best Network up to 300 ARs’. This is further testament to the JLM team’s hard work in consistently delivering the best professional practices and standards. To find out more about the […]