September can be the perfect time to plan for the future as summer ends and we welcome autumn. Read on to learn how we can help existing and aspiring homeowners…
last month to reach one million steps!
So far, Julian has walked over 600,000 steps towards completing his One Million Step Challenge for Diabetes UK. He’s been pounding the streets of Banbury, trekking through the Oxfordshire countryside and braving the sunshine while on holiday in Spain.
In the closing stages of his challenge, can you support Julian and donate to his fundraising page? Every single penny counts and will make a huge difference to such a worthwhile charity 🫶 THANK YOU.
Do you want to be in your new home for Christmas?
🚨 That’s right, we’ve gone and dropped the C-bomb!! It’s only 116 days to Christmas, and if you want to be in your new home to celebrate the festivities, it’s not too late.
For anyone needing a mortgage, one of the most important things you can do to speed up the moving process is to get an Agreement in Principle (AIP). This indicates how much you can borrow, and many estate agents and vendors will feel reassured knowing you have this in place before arranging viewings. At Stratton Thorpe, we can help you get your Agreement in Principle. Book a free, no-obligation initial consultation today.
Lenders cut mortgage rates to below 4% following interest rate reduction
A number of mortgage lenders have reduced prices on fixed-rate deals following the cut to interest rates last month.
Barclays and HSBC are the latest to announce they have lowered rates and their newly priced ranges include deals below 4%.
Nationwide became the first lender to offer a fixed-rate mortgage deal for home movers at below 4% when it introduced a five-year offering at 3.99% in July.
The Bank of England then announced last month it was cutting interest rates from 5.25% by 0.25% to 5%.
Following this several borrowers including Skipton Building Society, Leeds Building Society and Virgin Money announced reductions to fixed rate mortgages.
NatWest then followed with an offering which included a five-year fixed rate, also for movers, at 3.97%.
HSBC will offer a five-year fix at 3.95%, and Barclays has swooped into the ‘sub-4%’ market with a five-year fixed rate of 3.84%.
SOURCE: WHAT MORTGAGE
200+ 5-Star Google Reviews
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200+ 5-Star Google Reviews ⭐️
We have over 200 5-star Google Reviews ⭐️⭐️⭐️⭐️⭐️ Thank you to everyone who has taken the time to leave us a review. As a local small business, we really appreciate your support.
House prices up 0.8% in July: Will the trend continue in 2024?
House prices increased by 0.8% in July, according to Halifax which expects this ‘modest upward trend’ to continue for the rest of the year.
Over the last year, according to the Halifax House Price Index, prices grew by 2.3% which is the highest annual growth since January.
It means the average UK home is now £291,268 which is over £2,200 higher than the typical £289,042 recorded in June.
Halifax said Northern Ireland continued to record the strongest annual house price growth in the UK. Prices rose by 4.1% in July and over the year have climbed by 5.8%.
SOURCE: WHAT MORTGAGE
