Jack Tutton's Media Coverage

Thisismoney

Three major lenders have increased the cost of their mortgages as the renewed conflict in the Middle East raises fears of higher interest rates.

Property Industry Eye

Mortgage rates rise as Middle East tensions escalate - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate...

Daily Express

About time

Birmingham Live

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East

Express.co.uk

The wider industry has reacted to the news, with brokers suggesting the cuts could prompt other lenders to follow.

The i Paper

Property experts report seeing a surge in interest over the past few months as people try to time future base rate cuts

Teesside Live

The cuts come ahead of a Bank of England base rate decision next week

Daily Telegraph

Mortgage lenders have launched a pre-Christmas “rates war” ahead of an expected cut to the Bank Rate next week.

WalesOnline

The cuts come ahead of a Bank of England base rate decision next week

Thisismoney

Property prices in London and the South fell for the first time in 18 months in October, new data shows.

Birmingham Live

First Time Buyer, Home Mover, Existing Customers Moving Home and Remortgage products are all included

The Sun

HOMEOWNERS with expiring mortgages have been urged to lock in new deals ahead of the Budget after major lenders slashed rates.

what MORTGAGE

Two of the ‘big six’ lenders have announced mortgage rate cuts today in a move which will benefit anyone about to buy a home or remortgage.

This Is Money

Another bank has announced it is increasing its mortgage rates on the back of gloomier economic forecasts, with brokers predicting further rises in the coming weeks.

Sky News

Two major lenders have increased their fixed rate mortgages today, causing more misery for borrowers.

FTAdviser

Consistently using buy now, pay later (BNPL) services such as Klarna could impact customers’ ability to get a

Estate Agent Today

Mortgage brokers have warned about a surge in “atrocious” down valuations among lender’s valuers

The News

Brokers have been inundates with calls from confused borrowers as the base rate is slashed.

National World

The Bank of England's Monetary Policy Committee has today voted by a majority of 5–4 to reduce the base rate to 4% - financial experts say it is a huge boost to borrowers, mortgage holders and, perhaps...

MoneyWeek

Some properties have had as much as £1m knocked off their value as assessors are accused of being ‘overly cautious’ while property prices stall

London World

‘We’re seeing more and more down valuations now, which is creating a real headache for everyone involved.’

Daily Record

A significant change will come into play from Wednesday that will affect thousands of money-minded consumers

Express.co.uk

A 0.2% rate hike would mean paying around £24 more a month

Express.co.uk

The lending landscape has been described as a “minefield”.

Yorkshire Live

Earlier today, HSBC confirmed it is raising rates across its fixed range by up to 0.25 per cent

Birmingham Live

The move follows similar increases launched today by HSBC and comes just hours after NatWest said it was cutting rates from the same date.

Birmingham Live

3.79% headline rate is market-leading

Express.co.uk

Industry experts say the move could help jolt the housing market back to life after a slowdown in mortgage approvals

Express.co.uk

HSBC and Santander have announced cuts to their mortgage interest rates, as other lenders look likely to follow suit, experts claim.

City AM

One of the few silver linings of a looming recession is that the Bank of England will be encouraged to cut interest rates.

Moneyweek

Stock markets have been rattled by Trump’s trade tariffs but there could be benefits for mortgage borrowers

Manchester Evening News

This is a positive move for homebuyers and those looking to remortgage

Express.co.uk

A number of leading lenders, including the Halifax and Barclays, have already introduced reductions recently and there are expectations of more to come.

This Is Money

Mortgage lenders may be pre-empting an interest rate cut by the Bank of England tomorrow, with a 0.25 percentage point cut to 4.5% all but nailed on.

Oxford Mail

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

Watford Observer

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

The Herald

Nationwide is increasing the sole applicant minimum income from £35,000 to £40,000 on popular mortgages

This Is Money

Proposed rule changes could help first-time buyers borrow more, but also mean higher mortgage payments and greater risk.

Express.co.uk

Sweeping changes to stamp duty being brought in next year will lower the threshold at which first-time buyers are liable.

Mortgage Soup

NatWest is making rate cuts of up to 39bps across selected purchase, remortgage and buy-to-let 2- and 5-year fixed rate mortgages tomorrow. Newspage asked brokers whether the tide is turning and if more...

Introducer Today

Halifax has launched a 1.5 year fixed rate remortgage product.

Slough Observer

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Express.co.uk

The new deal comes against the background of reports that mortgage rates are relatively high at the moment and likely to fall over the next few years.

South Wales Argus

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Impartial Reporter

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Chester and District Standard

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Echo

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Oxford Mail

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

The Herald

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

This Is Money

Halifax is launching an 18-month fixed rate mortgage deal from tomorrow in response to growing demand among borrowers for shorter term deals.

Clacton and Frinton Gazette

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Your Local Guardian

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Eastern Daily Press

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Bradford Telegraph and Argus

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Eastern Daily Press

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Your Local Guardian

Halifax’s new 1.5 year mortgage term is a welcome introduction for those looking for shorter fixed rate products.

Sky News

Halifax has announced the launch of a new 1.5-year fixed-rate remortgage product that has been described as an "intriguing innovation".

This Is Money

So far this week, seven high street lenders have increased their mortgage rates - despite the Bank of England reducing the base rate to 4.75%.

Express.co.uk

A number of banks and building societies have raised interest rates on fixed rate mortgages in recent days

Birmingham Live

Under the new Labour Party government, the Bank of England has cut its base rate - but mortgage borrowers at a string of top banks won’t feel the benefit.

Sky News

Getting a mortgage if you’re self-employed can be tricky. Luckily, we’ve got expert advice to make the process a little easier.

The Telegraph

Once tipped to revolutionise the market, long-term loans fail to take off closer to home

Introducer Today

Consensus remains that the Bank of England will cut rates by 0.25%

The Telegraph

Buyers race to close purchases before midnight to avoid higher bill

Birmingham Live

Mortgage holders have been warned over “chaos” with deals “already starting to collapse”.

Express.co.uk

Rachel Reeves’ Budget - specifically her Stamp Duty announcement - has serious implications for the property market, insiders have warned.

Inside Conveyancing

Chancellor of the Exchequer Rachel Reeves delivered the Autumn Budget 2024 (30 October) – what is means for the property market.

Sky News

Welcome to Money, where we bring you the latest personal finance and consumer news - and the fallout from the budget. Listen to Politics at Jack and Sam’s for a budget debrief as you scroll.

Express.co.uk

The fall is expected to trigger rivals to follow suit against the background of predictions the Bank of England could cut the base rate twice before Christmas

The Sun

SUB 3% mortgages could be on the cards as the Bank of England hints at more “aggressive” rate cuts. It comes after a host of major lenders have made reductions to rates. The news follow…

Express.co.uk

Many City experts are predicting the current base rate of 5 percent could be cut both in November and December, bringing it down to 4.5 percent

The Telegraph

Bank regularly reserves best possible deals for new buyers only, brokers claim

Derbyshire Live

Virgin Money has made a series of positive changes to its residential purchase mortgage range, with rates being reduced by up to 0.20 percent

Express.co.uk

The provider has also made a series of changes to remortgage and buy-to-let options

FTAdviser

Another big lender has joined the “sub-4 per cent club” as Halifax announces cuts to mortgage products.

London Property News

Following the Base Rate cut on Thursday, swap rates have improved across the market. Both 2- and 5-year swap rates have dropped circa 9bps and are now around the 3.7%…

The Guardian

Bank of England said issue delayed some payments on Thursday but that service had been restored by 4.30pm

The Sun

HOUSE buyers were hit with payment delays today after a global system went down. The Bank of England (BoE) said it was experiencing problems with CHAPS – the Clearing House Automated Payment …

Landlord Today

The latest inflation figures mean there’s no excuse for the Bank of England to keep interest rates at their current high, according to experts.

Evening Standard

Rate cut seen in September rather than August as service sector inflation looks sticky

The Sun

MORE major lenders have revealed cuts to mortgage rates following hot on the heels of several big banks. First Direct, Nationwide and Coventry Building Society are the latest to reveal a big drop i…

Sky News

While our previous post may suggest a potential bump in the road ahead, things look more promising on the high street - with Nationwide and Virgin just announcing mortgage rate cuts.

Express.co.uk

The Bank’s governor, Andrew Bailey, and the Monetary Police Committee (MPC) decided to hold the base rate at 5.25 per cent at their latest meeting.

FTAdviser

Brokers have said the government’s proposed 99 per cent mortgage scheme “would never have ended well” following reports the idea has been scrapped. government insiders report...

The Intermediary

This comes following January reports that the Chancellor was set to introduce 1% deposit, or 99% loan-to-value (LTV) mortgages as part of the upcoming Spring Budget.

The Intermediary

One broker, Laura Bairstow, said: “We have noticed a definite increase in down valuations, especially in instances where the borrower only has a 5% or 10% deposit.”

Birmingham Live

It follows other lenders this week, such as Santander, Coventry and TSB.

Evening Standard

Sir Howard Davies later said he ‘did not intend to underplay the serious challenges’ facing people when buying a home.

London Loves Property

The Bank of England has held interest rates at 5.25% and the governor Andrew Bailey has suggested that cuts are unlikely. Bailey said there “is still some way to go”…

Mortgage Introducer

Jack Tutton (pictured right), director at SJ Mortgages, said the landscape of the buy-to-let market in 2023 has been characterised by significant struggles, primarily stemming from the implementation of...

Financial Reporter

Residential and buy-to-let rates are reducing by up to 29bps.

Birmingham Live

The Chair invited the Committee to vote on the proposition that Bank Rate should be maintained at 5.25 per cent.

Business News

to cue

The Intermediary

Brokers said the reason for the low volume of remortgages is the sharp rise in product transfers, as many people have no choice but to stay with their existing lender, lenders placing more emphasis on...

The Telegraph

Higher rates are also fuelling a broader exodus from the rental market

The Intermediary - Latest UK mortgage news

Brokers are expecting more low rate, high fee products to be launched in the months ahead as “lenders try to find innovative new ways to sell mortgages” in a weak market.

FTAdviser

Hesitancy from buyers may be leading to stagnancy in the mortgage market as “there’s very little incentive to buy now”, Self Employed Mortgage Hub founder, Graham Cox, has argued.

London Loves Property

Over the past month or so, lenders have been reducing their fixed rates in an effort to stimulate the purchase market, which one broker has described as “stagnant” — a…

The Intermediary

With many prospective buyers gambling on further house price falls, will fortune favour the patient — or the bold?

The Intermediary - Latest UK mortgage news

Further rate cuts were announced Friday by the Halifax, with the new products set to put the “cat among the pigeons” according to one broker.

Financial Reporter

Two-year fixed rate deals are edging ever closer to 5%.

Birmingham Live

Brokers told Newspage the rates will see 5-year fixed money continue to improve, with a 4.73% 5-year fixed rate with a £999 fee — and that 2-year fixed deals are also edging ever closer to 5%.

The Intermediary - Latest UK mortgage news

Craig Fish said: “Yes, this product isn’t for everyone, in fact it’s probably for very few, but for those few it could be a lifeline.