Mortgages News

Is it time to get Fixed?

Earlier today the Bank of England (BoE) announced an increase of the BoE base rate by 0.25%, moving the Bank of England base rate from 0.25% to 0.5%. This is the first increase in the BoE base rate for over 10 years, although it was reduced in 2016 from 0.5% to 0.25% following the Brexit […]


City Life

According to the Lloyds Bank’s Affordable Cities Review, over the past five years the average UK city house price has risen by 32% from £169,966 in 2012 to its highest ever level of £224,926 in 2017. In comparison, average city annual earnings over the same period have risen by only seven percent to £32,796. As […]


Discount Rate

The Lord Chancellor has announced a change in the discount rate, which is a figure used to help set compensation pay-outs when people suffer serious injuries, for example following a car crash or medical negligence. It has been reduced from 2.5% to -0.75%, effective from 20 March 2017. Some claimants choose to receive their compensation […]


Buy to let – return of confidence

The latest results from the quarterly survey by Buy to Let lender The Mortgage Works shows that landlords’ confidence in their own lettings business has recovered strongly from a dip in quarter 2 of 2016. The tracking also highlight landlords’ future intentions with 23% of those surveyed planning to buy property, up 6% on quarter […]


Baker Financial has a new look website!

The Baker Financial website is a more modern, user friendly website with a more interactive feel. The old website whilst it had been updated a few times, was 10 years old. It was time for something new. The new website has a cleaner, modern look and is more interactive. It’s responsive too, so should look good […]