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| 21.08.25 12:32:21 |
Barclays senkt Hypothekenzinsen, während andere sie erhöhen, angesichts steigender Inflation. |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Hier ist eine Zusammenfassung des Textes auf Deutsch:
**Anstieg der Hypothekenzinsen trotz sinkender Kreditraten**
Trotz sinkender Kreditraten und der weiterhin niedrigen Zinsen der Bank of England (4%) sind die Hypothekenzinsen in Großbritannien gestiegen. Dies liegt hauptsächlich an steigender Inflation, die die Erwartungen hinsichtlich weiterer Zinssenkungen durch die Bank of England gedämpft hat.
Die durchschnittlichen Zinsen für Zwei-Jahres-Festsatzkredite sind von 4,68% auf 4,7% gestiegen, während die durchschnittlichen Zinsen für Fünf-Jahres-Festsatzkredite von 4,83% auf 4,94% angehoben wurden. Dies wird durch die jüngste Inflationserhöhung von 3,8% im Vergleich zum Zielwert von 2% der Bank of England erklärt.
**Auswirkungen auf Käufer**
Die steigende Inflation macht es schwieriger für Hauskäufer, sich Hypotheken zu sichern und sich voranzubereiten. Wie Personal Finance Analystin Alice Haine von Bestinvest by Evelyn Partners erklärt, "könnten steigende Inflationsraten die Erschwinglichkeit untergraben und die Kreditwürdigkeit reduzieren."
Obwohl sich die Erschwinglichkeit in den letzten Monaten dank sinkender Kreditraten und gelockerten Stress-Test-Regeln für Käufer verbessert hat, ist es unwahrscheinlich, dass die Zinsen so schnell fallen werden, wie viele es sich erhofft hatten.
**Banken reagieren unterschiedlich**
Barclays, HSBC und NatWest haben alle ihre Hypothekenangebote angepasst. Barclays senkte sogar seine Zinsen auf 3.75% (mit Gebühren). HSBC bietet weiterhin attraktive Angebote, insbesondere für Käufer mit einer größeren Einlage (5% Eigenkapital). NatWest und Santander haben ihre Zinsen ebenfalls leicht erhöht, vor allem für Erstkäufer. Die individuellen Zinssätze hängen stark vom Verhältnis von Eigenkapital zu Kredit (LTV) ab – je höher der Eigenkapitalanteil, desto besser die Konditionen.
Zusammenfassend lässt sich sagen, dass sich der Hypothekenmarkt in Großbritannien aufgrund der Inflation und der Reaktion der Banken derzeit in einer unsicheren Phase befindet.
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| 31.07.25 12:21:24 |
This bank has the cheapest mortgage rate for first-time buyers this week |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Lenders have moved in all directions regarding offers on the market for those trying to get on the housing ladder ahead of the Bank of England's (BoE) latest interest rate decision. Still, first-time buyers can get a deal as low as 3.77%, depending on the size of their deposit, with Natwest (NWG.L) dropping the rate on its two-year fixed deal.
The average rate for a two-year fixed mortgage stands at 4.84% this week, while five-year fixed deals average 4.98%, according to data from Uswitch.
The Bank of England has kept interest rates at 4.25% amid inflation fears, delivering a blow to homeowners who were hoping for some relief on their mortgage payments. The primary inflation measure, the Consumer Price Index (CPI), stood at 3.6% in the 12 months to June, well above the BoE's 2% target.
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However, it is widely expected to cut interest rates to 4% at its next meeting on 7 August.
Chancellor Rachel Reeves announced new plans, under which renters who have a good track record of monthly payments will be able to use this to prove to lenders how much they can afford to borrow, sometimes without the need for a deposit.
Homeowners are set to benefit from simplified mortgage rules, as the Financial Conduct Authority (FCA) confirms changes designed to make remortgaging or reducing loan terms easier.
The BoE also loosened its lending rules. Until now, just under 10% of new mortgages issued are for valuations exceeding 4.5 times a borrower's income. That is now set to rise to 15% across the industry, with some building societies and banks now able to offer an even higher number of new mortgages at that level.
Read more: First-time buyers on £30k salary now able to apply for mortgage
BoE estimates suggest 36,000 extra mortgages with higher loan-to-income ratios could be handed out each year as a result of the change.
Nationwide (NBS.L), Britain’s biggest building society, has also cut the salary requirements for first-time buyers from £35,000 to £30,000, in a move it hopes will enable 10,000 more people to become homeowners.
Meanwhile, house sales jumped by 13% month-on-month in June, according to HM Revenue and Customs (HMRC) figures.
Across the UK, it estimated that 93,530 home sales took place during the month, which was 1% higher than in June 2024.
The report said the numbers “reflect transactions recovering from the dip” following the end of temporary stamp duty thresholds. Stamp duty applies in England and Northern Ireland.
Previous figures have indicated a rush of buyers completing sales before the stamp duty holiday ended.
Story Continues
Nick Leeming, chairman of estate agency Jackson-Stops, said: “While the surge in activity seen in March is unlikely to be repeated, the market remains steady for now, with completions progressing at a healthy pace, though regional variations continue to influence transaction timelines and completions."
This week, NatWest (NWG.L) and Nationwide dropped rates but Barclays (BARC.L) ticked them up. Most other lenders decided to hold on any changes ahead of the BoE's interest rate decision.
HSBC mortgage deals
HSBC (HSBA.L) has a 3.94% rate for a five-year deal, unchanged from last week. For those with a Premier Standard account with the lender, this rate is 3.91%.
Looking at the two-year options, the lowest rate is 3.82% with a £999 fee, the same as before.
Both cases assume a 60% loan-to-value (LTV) mortgage, meaning buyers need to have at least 40% for a deposit.
HSBC offers 95% LTV deals, meaning you only need to save for a 5% deposit. However, the rates are much higher, with a two-year fix at 4.94% or 4.79% for a five-year fix.
This is because their financial situation and deposit size determine the rate someone can get. The larger the deposit, the lower the LTV, allowing buyers to access better deals because lenders consider them less risky.
NatWest mortgage deals
NatWest's (NWG.L) five-year deal is 3.88% with a £1,495 fee, lower than last week's 3.90%.
The cheapest two-year fixed deal is 3.77%, again below last week's 3.81%. In both cases, you'll need at least a 40% deposit to qualify for the rates.
Santander mortgage deals
At Santander (BNC.L), a five-year fix comes in at 4.01% for first-time buyers, which is unchanged from the previous week. It has a £999 fee, assuming a 40% deposit.
Read more: Buy-to-let rents bringing in 7% returns to landlords
For a two-year deal, customers can secure a 3.84% offer, with the same £999 fee, again the same as before.
Barclays mortgage deals
Barclays (BARC.L) was the first among major lenders to bring back under-4% deals and even had a market-leading 3.75% deal last week. However, the lender has now hiked its rates for prospective homeowners,
Its five-year fix this week stands at 3.99%, above the previous 3.91%. The lowest for two-year mortgage deals used to be 3.76% or 3.75% if you had a Premier exclusive account but that offer now comes in at 3.84% (3.83% for Premier clients). Either way, the deals are still deep into sub-4% territory.
Barclays recently launched a mortgage proposition to help new and existing customers access larger loans when purchasing a home. The initiative, known as Mortgage Boost, enables family members or friends to effectively "boost" the amount that can be borrowed toward a property without needing to lend or gift money directly or provide a larger deposit.
Under the scheme, a borrower’s eligibility for a mortgage can increase significantly by including a family member or friend on the application. For example, an individual with a £37,500 annual income and a £30,000 deposit might traditionally be able to borrow up to £168,375, enabling them to purchase a home priced at around £198,375.
However, with Mortgage Boost, the total borrowing potential can rise substantially if a second person, such as a parent, joins the application. In this case, if the second applicant also earns £37,500 a year, the combined income could push the borrowing limit to £270,000, enabling the buyer to afford a home worth up to £300,000.
Nationwide mortgage deals
Nationwide’s (NBS.L) lowest mortgage rate for first-time buyers is 4.14% for a five-year fix. First-time buyers are looking at 3.94% for a two-year fix, a drop from last week's 3.94%. Both deals require a 40% deposit and come with a £1,499 fee.
Carlo Pileggi, Nationwide’s senior manager of Mortgages, said: “As the country’s second largest lender, we always strive to support all parts of the market with competitive rates. This latest round of cuts across our range move even more of our rates below 4% and should put Nationwide front of mind of first-time buyers, those moving on to their next home and those looking for a new mortgage deal.”
Eligible first-time buyers can apply for a mortgage with a £30,000 salary, down from £35,000, and joint applicants with a £50,000 combined salary, down from £55,000. This is expected to support an additional 10,000 first-time buyers each year.
Nationwide, which lent to more first-time buyers in 2024 than any other lender, has confirmed it has applied to the Prudential Regulation Authority to increase its high loan-to-income lending capacity.
The vast majority of Nationwide’s high LTI lending is done through its Helping Hand, which allows eligible first-time buyers to borrow up to six times income. This enables borrowing of up to 33% more than standard lending. Helping Hand has helped around 60,000 first-time buyers since launching in 2021.
Read more: Best credit card deals of the week
The lender has also adjusted its mortgage affordability calculation by reducing stress rates by 0.75 and 1.25 percentage points, helping applicants borrow more, whether buying a first home, moving, or remortgaging.
Applicants can borrow, on average, £28,000 more; however, in some remortgage cases, customers could borrow up to £42,600 more.
Nationwide also reduced its standard stress rate and the rate applied to eligible first-time buyers and home movers fixing their deal for at least five years.
Halifax mortgage deals
Halifax, the UK’s biggest mortgage lender, offers a five-year rate of 3.94% (also 60% LTV), same as before.
The lender, owned by Lloyds (LLOY.L), offers a two-year fixed rate deal at 3.79%, with a £999 fee for first-time buyers, again unchanged.
It also offers a 10-year deal with a mortgage rate of 4.78%.
Halifax has enhanced its five-year fixed mortgage products by increasing borrowing capacity. This improvement allows borrowers to access up to £38,000 more, enabling them to secure larger mortgages based on individual incomes.
Rachel Springall, finance expert at Moneyfacts, said: "The flourishing choice of low-deposit mortgages will no doubt be welcomed by borrowers looking to remortgage or are a first-time buyer.
"The government has been clear that it wants lenders to do more to boost UK growth, and so a rise in product availability for aspiring homeowners is a healthy step in the right direction."
Cheapest mortgage deal on the market
NatWest has some of the lowest rates on the market, with a two-year fix coming in at 3.77%. The same lender also takes the crown for a five-year fix with its 3.88% deal. However both require a hefty 40% deposit.
The average UK house price is £297,781, so a 40% deposit equals about £120,000.
A growing number of homeowners in the UK are opting for 35-year or longer mortgage terms, with a significant rise in older borrowers stretching their repayment periods well into their 70s.
Read more: Average UK house asking price drops by almost £5,000
Lender April Mortgages offers buyers the chance to borrow up to six times their income on loans fixed for five to 15 years, from a deposit of 5%. Both those buying alone and those buying with others can apply for the mortgage.
As part of the independent Dutch asset manager DMFCO, the company offers interest rates starting at 5.20% and an application fee of £195.
Skipton Building Society has also said it would allow first-time buyers to borrow up to 5.5 times their income to help more borrowers get on the housing ladder.
Leeds Building Society is increasing the maximum amount that first-time buyers can potentially borrow as a multiple of their earnings with the launch of a new mortgage range. Aspiring homeowners with a minimum household income of £40,000 may now be able to borrow up to 5.5 times their earnings.
Mortgage holders and borrowers have faced record-high repayments in recent years, as the Bank of England's base rate has been passed on by banks and building societies.
According to UK Finance, 1.3 million fixed mortgage deals are set to end in 2025. Many homeowners will hope the Bank of England acts quickly to cut rates more aggressively. At the same time, savers will likely root for rates to remain at or near their current levels.
Read more:
What are branded residences and who’s buying them? The pros and cons of buying property off-plan What is pre-application planning and can you do it yourself?
Download the Yahoo Finance app, available for Apple and Android.
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| 17.07.25 10:59:46 |
Mortgage rate war heats up with Barclays dropping to 3.75% |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
A mini mortgage price war has kicked into full gear as lenders slashed rates all the way down to 3.75%, as the government and Bank of England (BoE) push for more relaxed lending rules.
The average rate for a two-year fixed mortgage stands at 4.68%, while five-year fixed deals average 4.97%, according to data from Uswitch. It is the first time this year that both averages are below 5%.
The Bank of England has kept interest rates at 4.25% amid inflation fears, delivering a blow to homeowners who were expecting a relief in their mortgage. The primary inflation measure, the Consumer Price Index (CPI), stood at 3.6% in the 12 months to June, well above the BoE's 2% target.
Chancellor Rachel Reeves announced new plans, under which renters who have a good track record of monthly payments will be able to use this to prove to lenders how much they can afford to borrow, sometimes without the need for a deposit.
Shop Top Mortgage Rates
Personalized rates in minutes Learn More
A quicker path to financial freedom Learn More
Your Path to Homeownership Learn More
Powered by Money.com - Yahoo may earn commission from the links above.
Reeves will also launch a permanent mortgage guarantee scheme to help more people get on the housing ladder.
The BoE also loosened its lending rules. Until now, just under 10% of new mortgages issued are for valuations exceeding 4.5 times a borrower's income. That is now set to rise to 15% across the industry, with some building societies and banks now able to offer an even higher number of new mortgages at that level.
Read more: First-time buyers on £30k salary now able to apply for mortgage
BoE estimates suggest 36,000 extra mortgages with higher loan-to-income ratios could be handed out each year as a result of the change.
Nationwide (NBS.L), Britain’s biggest building society, has also cut the salary requirements for first-time buyers from £35,000 to £30,000, in a move it hopes will enable 10,000 more people to become homeowners.
This week, HSBC (HSBA.L), Santander (BNC.L), Barclays (BARC.L), and Halifax all reduced rates, going deeper into sub-4% territory for those with a 40% deposit.
HSBC mortgage deals
HSBC (HSBA.L) has a 3.94% rate for a five-year deal, lower than last week's 3.98%. For those with a Premier Standard account with the lender, this rate is 3.91%.
Looking at the two-year options, the lowest rate is 3.82% with a £999 fee, a cut from the previous 3.85%.
Both cases assume a 60% loan-to-value (LTV) mortgage, meaning buyers need to have at least 40% for a deposit.
HSBC offers 95% LTV deals, meaning you only need to save for a 5% deposit. However, the rates are much higher, with a two-year fix at 4.99% or 4.79% for a five-year fix.
This is because their financial situation and deposit size determine the rate someone can get. The larger the deposit, the lower the LTV, allowing buyers to access better deals because lenders consider them less risky.
Story Continues
NatWest mortgage deals
NatWest's (NWG.L) five-year deal is 3.90% with a £1,495 fee, unchanged from last week.
The cheapest two-year fixed deal is 3.81%, again untouched from the previous week's deal. In both cases, you'll need at least a 40% deposit to qualify for the rates.
Santander mortgage deals
At Santander (BNC.L), a five-year fix comes in at 4.01% for first-time buyers, which is actually an uptick from last week's 3.98%. It has a £999 fee, assuming a 40% deposit.
Read more: One million UK homes jump by 50% in value since 2020
For a two-year deal, customers can secure a 3.84% offer, with the same £999 fee, lower than the previous 3.90%.
Barclays mortgage deals
Barclays (BARC.L) was the first among major lenders to bring back under-4% deals and from this Friday will introduce a raft of cuts, including bringing down its five-year fix from 3.99% to 3.91%.
The lowest for two-year mortgage deals is coming down from 3.89% to 3.75%, deep into sub-4% territory.
Other changes at the lender from this Friday include:
3.89% 2 Yr Fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.76% 4.09% 2 Yr Fixed £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 4.03% 4.04% Premier 2 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 3.92% 4.05% 2 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 3.93% 4.28% 2 Yr Fixed £0 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 4.15% 4.04% 3 Yr Fixed £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 4.02% 4.09% 3 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 4.07% 3.98% Premier 5 Yr Fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.90% 3.99% 5 Yr Fixed £899 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.91% 4.09% 5 Yr Fixed £0 product fee, 60% LTV, Min loan £5k, Max loan £2m, will decrease to 3.99% 4.12% 5 Yr Fixed £899 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 4.03% 4.25% 5 Yr Fixed £0 product fee, 75% LTV, Min loan £5k, Max loan £2m, will decrease to 4.14%
Barclays recently launched a mortgage proposition to help new and existing customers access larger loans when purchasing a home. The initiative, known as Mortgage Boost, enables family members or friends to effectively "boost" the amount that can be borrowed toward a property without needing to lend or gift money directly or provide a larger deposit.
Under the scheme, a borrower’s eligibility for a mortgage can increase significantly by including a family member or friend on the application. For example, an individual with a £37,500 annual income and a £30,000 deposit might traditionally be able to borrow up to £168,375, enabling them to purchase a home priced at around £198,375.
However, with Mortgage Boost, the total borrowing potential can rise substantially if a second person, such as a parent, joins the application. In this case, if the second applicant also earns £37,500 a year, the combined income could push the borrowing limit to £270,000, enabling the buyer to afford a home worth up to £300,000.
Nationwide mortgage deals
Nationwide’s (NBS.L) lowest mortgage rate for first-time buyers is 4.14% for a five-year fix. First-time buyers are currently looking at 3.94% for a two-year fix. Both deals require a 40% deposit and a £1,499 fee.
Eligible first-time buyers can apply for a mortgage with a £30,000 salary, down from £35,000, and joint applicants with a £50,000 combined salary, down from £55,000. This is expected to support an additional 10,000 first-time buyers each year.
Nationwide, which lent to more first-time buyers in 2024 than any other lender, has confirmed it has now applied to the Prudential Regulation Authority to increase its high loan-to-income lending capacity.
The vast majority of Nationwide’s high LTI lending is done through its Helping Hand, which allows eligible first-time buyers to borrow up to six times income — allowing borrowing of up to 33% more than standard lending. Helping Hand has helped around 60,000 first-time buyers since launching in 2021.
Read more: Best credit card deals of the week
The lender has also adjusted its mortgage affordability calculation by reducing stress rates by 0.75 and 1.25 percentage points, helping applicants borrow more, whether buying a first home, moving, or remortgaging.
Applicants can borrow, on average, £28,000 more; however, in some remortgage cases, customers could borrow up to £42,600 more.
Nationwide also reduced its standard stress rate and the rate applied to eligible first-time buyers and home movers fixing their deal for at least five years.
Halifax mortgage deals
Halifax, the UK’s biggest mortgage lender, offers a five-year rate of 3.94% (also 60% LTV), lower than last week's 3.97%.
The lender, owned by Lloyds (LLOY.L), offers a two-year fixed rate deal at 3.79%, with a £999 fee for first-time buyers, lower than the previous 3.84%.
It also offers a 10-year deal with a mortgage rate of 4.78%.
Halifax has enhanced its five-year fixed mortgage products by increasing borrowing capacity. This improvement allows borrowers to access up to £38,000 more, enabling them to secure larger mortgages based on individual incomes.
Rachel Springall, finance expert at Moneyfacts, said: "The flourishing choice of low-deposit mortgages will no doubt be welcomed by borrowers looking to remortgage or are a first-time buyer.
"The government has been clear that it wants lenders to do more to boost UK growth, and so a rise in product availability for aspiring homeowners is a healthy step in the right direction."
Cheapest mortgage deal on the market
Barclays from Friday will offer some of the lowest rates on the market, with a two-year fix coming in at 3.75%. NatWest takes the crown for a five-year fix with its 3.90% deal. However both require a hefty 40% deposit.
The average UK house price is £297,781, so a 40% deposit equals about £120,000.
A growing number of homeowners in the UK are opting for 35-year or longer mortgage terms, with a significant rise in older borrowers stretching their repayment periods well into their 70s.
Read more: Average London rent surges to £2,252 a month
Lender April Mortgages offers buyers the chance to borrow up to six times their income on loans fixed for five to 15 years, from a deposit of 5%. Both those buying alone and those buying with others can apply for the mortgage.
As part of the independent Dutch asset manager DMFCO, the company offers interest rates starting at 5.20% and an application fee of £195.
Skipton Building Society has also said it would allow first-time buyers to borrow up to 5.5 times their income to help more borrowers get on the housing ladder.
Leeds Building Society is increasing the maximum amount that first-time buyers can potentially borrow as a multiple of their earnings with the launch of a new mortgage range. Aspiring homeowners with a minimum household income of £40,000 may now be able to borrow up to 5.5 times their earnings.
Mortgage holders and borrowers have faced record-high repayments in recent years, as the Bank of England's base rate has been passed on by banks and building societies.
According to UK Finance, 1.3 million fixed mortgage deals are set to end in 2025. Many homeowners will hope the Bank of England acts quickly to cut rates more aggressively. At the same time, savers will likely root for rates to remain at or near their current levels.
Read more:
How school fees can affect your mortgage borrowing The pros and cons of getting a mortgage into your 70s How to choose where to live as you get older
Download the Yahoo Finance app, available for Apple and Android.
Download the Yahoo Finance app, available for Apple and Android. |
| 16.07.25 06:38:12 |
3 UK Stocks Estimated To Be Up To 42.8% Below Intrinsic Value |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The UK stock market has recently faced challenges, with the FTSE 100 index declining due to weak trade data from China, highlighting concerns about global economic recovery. Amidst these fluctuations, identifying undervalued stocks becomes crucial as they may offer potential opportunities for investors looking to navigate through uncertain market conditions.
Top 10 Undervalued Stocks Based On Cash Flows In The United Kingdom
Name Current Price Fair Value (Est) Discount (Est) Vistry Group (LSE:VTY) £5.95 £11.87 49.9% Moonpig Group (LSE:MOON) £2.115 £4.01 47.2% Marlowe (AIM:MRL) £4.37 £8.38 47.9% LSL Property Services (LSE:LSL) £3.06 £5.92 48.3% Informa (LSE:INF) £8.408 £16.04 47.6% Hostelworld Group (LSE:HSW) £1.295 £2.56 49.5% Franchise Brands (AIM:FRAN) £1.45 £2.70 46.3% ECO Animal Health Group (AIM:EAH) £0.69 £1.33 48.2% Burberry Group (LSE:BRBY) £12.345 £23.78 48.1% Barratt Redrow (LSE:BTRW) £3.773 £7.15 47.2%
Click here to see the full list of 56 stocks from our Undervalued UK Stocks Based On Cash Flows screener.
Here we highlight a subset of our preferred stocks from the screener.
Advanced Medical Solutions Group
Overview: Advanced Medical Solutions Group plc develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets globally, with a market cap of £438.95 million.
Operations: The company's revenue is primarily generated from the Surgical segment, which accounts for £135.77 million, and the Woundcare segment, contributing £41.75 million.
Estimated Discount To Fair Value: 42%
Advanced Medical Solutions Group is trading at £2.04, significantly below its estimated fair value of £3.51, indicating it is undervalued based on discounted cash flow analysis. Analysts forecast earnings growth of 33.1% annually, outpacing the UK market's 14.5%. However, profit margins have declined from 12.6% to 4%, and there has been significant insider selling recently. The appointment of Juliet Thompson as a Non-Executive Director may strengthen governance and strategic oversight in the healthcare sector.
Our growth report here indicates Advanced Medical Solutions Group may be poised for an improving outlook. Delve into the full analysis health report here for a deeper understanding of Advanced Medical Solutions Group.AIM:AMS Discounted Cash Flow as at Jul 2025
Hammerson
Overview: Hammerson is the largest UK-listed company focused on owning and managing prime retail and leisure destinations in the UK, France, and Ireland with a market cap of £1.39 billion.
Operations: The company's revenue segments include £80 million from UK flagship destinations, £55.30 million from France flagship destinations, and £37.70 million from Ireland flagship destinations.
Story Continues
Estimated Discount To Fair Value: 10.2%
Hammerson is trading at £2.9, slightly below its estimated fair value of £3.23, reflecting a modest undervaluation based on cash flow analysis. While earnings have grown 58.1% annually over the past five years and are expected to become profitable in three years, the dividend yield of 5.39% is not well covered by earnings or free cash flows. Recent leadership changes aim to maintain strategic growth without disruption amid ongoing acquisition talks for Brent Cross assets valued at £200 million.
Insights from our recent growth report point to a promising forecast for Hammerson's business outlook. Take a closer look at Hammerson's balance sheet health here in our report.LSE:HMSO Discounted Cash Flow as at Jul 2025
Mitie Group
Overview: Mitie Group plc, along with its subsidiaries, offers facilities management and professional services both in the United Kingdom and internationally, with a market cap of £1.69 billion.
Operations: The company's revenue is derived from three main segments: Communities (£869.80 million), Business Services (£2.24 billion), and Technical Services (£1.98 billion).
Estimated Discount To Fair Value: 42.8%
Mitie Group is trading at £1.38, significantly below its estimated fair value of £2.42, highlighting potential undervaluation based on cash flows. Earnings are projected to grow at 16% annually, outpacing the UK market's 14.5% growth forecast, though revenue growth remains modest at 5%. Despite a recent dividend increase and ongoing share buyback program totaling £125 million, net income has decreased year-over-year amidst discussions for a possible acquisition of Marlowe plc.
Our comprehensive growth report raises the possibility that Mitie Group is poised for substantial financial growth. Click here and access our complete balance sheet health report to understand the dynamics of Mitie Group.LSE:MTO Discounted Cash Flow as at Jul 2025
Turning Ideas Into Actions
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AIM:AMS LSE:HMSO and LSE:MTO.
This article was originally published by Simply Wall St.
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| 15.07.25 12:02:39 |
Housebuilding giant hit by London exodus as sales slump |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Shares in Barratt Redrow fell by as much as 13pc in early trading - Chris Ratcliffe/Bloomberg
One of Britain’s biggest housebuilders has warned of weaker-than-expected sales as buyers shun London.
Barratt Redrow (BTRW.L) sold 16,565 homes in the year ending June 29, falling short of a forecast of between 16,800 and 17,200 that it had set out in April.
The developer cited “fewer international and investor completions than expected” in London, adding that “homebuyer confidence remains fragile and mortgage rates remain high compared to recent years”.
The housebuilder stated: “The London housing market has been particularly challenging with weak demand from both domestic and international homebuyers.”
London’s housing market has slumped after the Chancellor ended stamp duty discounts in April. Mortgage rates have also stayed higher than expected, which has dented affordability. These have resulted in a wave of price reductions across the capital.
Shares in Barratt Redrow fell by as much as 13pc in early trading before recovering to around 8pc in the mid-morning. Around £778m has been wiped off its value.
Barratt Redrow said it expected to sell between 17,200 and 17,800 homes in its 2026 financial year, reflecting “revised expectation of broadly flat average sales”. None the less, it noted that mortgage market competition and availability have improved.
The bill for repairing safety defects on high-rise homes, required to avoid another Grenfell-style cladding disaster, has also risen by around £98m to total £248m after discovering issues at buildings within its southern division and at a large London development. It said it will pursue its subcontractors to recover those costs.
However, the developer said it will deliver profit in line with market expectations, which will be shared in future trading updates.
David Thomas, chief executive, said: “Although demand during the year has been impacted by consumer caution and mortgage rates not falling as quickly as hoped, there remains a long-term structural under-supply of housing in this country.
“We remain confident in our medium-term ambition to deliver 22,000 high-quality homes a year, and in the long-term demand for our high-quality homes.”
The news comes after findings by Molior showed sales of new-build homes in the capital plunged to their lowest level since the global financial crisis.
The decline, which was more pronounced over the past three months, was blamed on the insufficient financial incentives for property developers to build new homes and for buyers to acquire them. This has led to fewer developments and sales.
Last week, rival housebuilding giant Vistry (VTY.L) posted a profit drop of a third to £80m for the first half of the year, after issuing a string of profit warnings in recent months. It reported 6,800 home completions for the six months ending June 30, down from 7,792 in the previous year.
Vistry cited sluggish demand from its affordable housing partners on the back of funding constraints and uncertainty ahead of the Chancellor’s June Spending Review, but outlined its hopes that the Government’s £39bn affordable homes strategy will boost its business.
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| 15.07.25 07:49:00 |
Barratt Redrow Shares Tumble After Sales Miss Guidance |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The housebuilder missed its own sales guidance but launched a £100 million share buyback and said it still expects to meet market forecasts for a key metric.
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| 11.07.25 11:35:13 |
Stocks to watch next week: Goldman Sachs, Netflix, TSMC, ASML and Burberry |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The latest earnings season kicks off in the week ahead, with a number of companies across a range of sectors due to report.
Results from the major US investment banks act as the traditional starting gun for earnings season, with Goldman Sachs (GS) among those due to report.
Another big name set to report in the coming week is Netflix (NFLX), with the stock trading near record highs, as the streaming giant has appeared to remain relatively insulated from tariff shocks that have weighed on other tech companies.
In the semiconductor sector, TSMC (2330.TW, TSM) earnings will be in focus, given the company is the world's largest contract chipmaker so is considered a bellwether for the global industry.
Dutch company ASML (ASML.AS, ASML), which is also set to report, is another company considered to act as a barometer for the health of the chip sector as its lithography machines are used to make semiconductors.
Read more: What could trigger a late summer crisis for markets in the third quarter?
Back on the London market, investors will be keeping an eye on Burberry's (BRBY.L) latest trading update, to see how the luxury fashion brand's turnaround efforts are progressing.
Here's more on what to look out for:
Goldman Sachs (GS) – Reports second quarter earnings on Wednesday 16 July
Major investment banks have become more bullish in their outlook for US stocks this year, looking past near-term uncertainties.
Earlier this week, Goldman Sachs (GS) became the latest bank to raise its year-target for the S&P 500 (^GSPC) index, from 6,100 to 6,600 points. The index closed at 6,280.46 points on Thursday, having risen 6.8% year-to-date.
According to a Reuters report, Goldman analysts said in a note on Monday: "A resilient outlook for 2026 earnings growth, the resumption of Fed rate cuts, and neutral investor positioning argue for further market upside as the recent narrow rally broadens."David Solomon, CEO of Goldman Sachs.·Reuters / Reuters
Bank of America (BAC) also lifted its S&P 500 (^GSPC) target this week, while Barclays (BARC.L), Citigroup (C) and Deutsche Bank (DBK.DE) raised theirs last month.
Goldman appeared to benefit from market volatility in the first quarter, with its revenue from equities trading up 27% year-on-year to $4.19bn (£3.09bn), as investors sought to adjust their portfolios amid tariff turmoil.
The firm's total revenue in the first quarter rose 6% to $15.06bn, which beat analyst consensus of $14.8bn, according to Bloomberg.
Meanwhile, earnings per share of $14.12 also came in ahead of expectations and was up from $11.58n in the first quarter of 2024.
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Goldman shares have rebounded from a fall following US president Donald Trump's "Liberation Day" tariff announcement, and have gained nearly 24% year-to-date, with the stock hitting a fresh high on Monday.
While the firm didn't offer specific guidance in those results in April, Goldman CEO David Solomon said at the time that it was "entering the second quarter with a markedly different operating environment than earlier this year".
Goldman is due to release its second quarter results on Wednesday, along with Bank of America and Morgan Stanley (MS). The day before JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup, BlackRock (BLK) and BNY Mellon (BK) are set to release their latest earnings.
Netflix (NFLX) – Reports second quarter earnings on Thursday 17 July
The final series of Squid Game and the latest season of Black Mirror were among the big Netflix releases on the streaming platform in the second quarter.
In the first quarter, hit shows including the series Adolescence and the film Back in Action, starring Cameron Diaz, helped keep audiences hooked on the platform.
Revenue came in at $10.54bn in the first quarter, which was up 12.5% year-on-year and slightly higher than Bloomberg analyst expectations of $10.5bn. Earnings per share of $6.61 also beat analyst estimates of $5.68.Cameron Diaz and Jamie Foxx pose on the red carpet to present the movie Back In Action in Berlin, Germany, 15 January 2025.·REUTERS / Reuters
Netflix's revenue guidance of $11.04bn for the second quarter was also higher than the $10.88bn analysts polled by Bloomberg had expected. The streamer has forecasted earnings per share of $7.03 for the second quarter.
For full-year 2025, the company reiterated its prior forecast of $43.5bn to $44.5bn revenue growth and operating margins of 29%.
Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: "Netflix has been able to demonstrate its qualities as a recession and tariff resilient business, right at a time when those two traits are highly sought after. Add in strong fundamentals, plus good execution, and it’s not too surprising to see Netflix flirting with all-time highs as we look ahead to second quarter results next week."
Read more: UK economy shrinks for second month in a row
Since the company released its first quarter results, its shares have continued to climb, ending June at another record high and the stock is now up nearly 41% year-to-date.
"Netflix doesn’t release subscriber growth numbers anymore, so analysts will have to make do with some traditional metrics," Britzman said. "Operating margins will be in focus, with improvements in the last quarter expected to repeat next week as 33% has been touted as the target number."
He added: "Things are expected to dip in the second half as content spend ramps up but there’s scope for full year expectations to move higher if a solid margin number gets printed next week."
TSMC (2330.TW, TSM) – Reports second quarter results on Thursday 17 July
Chipmaker TSMC (2330.TW, TSM) released its first half revenue figures on Thursday, giving investors a sense of how it has performed since the start of the year ahead of its latest results.
TSMC's revenue for April to June came in at $933.8bn Taiwan dollars (£23.6bn), according to Reuters, which was up nearly 39% on the same period last year and beat an LSEG SmartEstimate of $927.831bn Taiwan dollars.
For June, TSMC posted revenue of approximately $263.71bn Taiwan dollars, which was down 17.7% on May but was nearly 27% higher than the same month last year.
Revenue for January through June totalled $1.77tn Taiwan dollars, which was up 40% on the first six months of last year.TSMC's revenue for April to June came in at $933.8bn Taiwan dollars.·Cynthia Lee
Dan Coatsworth, investment analyst at AJ Bell (AJB.L), said: "Trading at TSMC remains robust despite a mix of currency headwinds and tariff turmoil, showing just how powerful and resilient the AI theme is proving to be.
"Companies continue to spend heavily in trying to get ahead in artificial intelligence and this benefits businesses such as TSMC which provide the required infrastructure."
Earlier this week, Trump said that tariffs on chips would soon be announced, though TSMC has been investing more in its operations in America.
In March, TSMC announced plans to expand its investment in manufacturing in the US by $100bn, on top of the $65bn it was already putting behind its operations in Arizona.
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In addition, TSMC CEO CC Wei said at the company's annual shareholders meeting last month that tariffs "do have some impact on TSMC, but not directly".
"That's because tariffs are imposed on importers, not exporters," he said, according to a Reuters report. "TSMC is an exporter. However, tariffs can lead to slightly higher prices, and when prices go up, demand may go down."
"If demand drops, TSMC's business could be affected," he added. "But I can assure you that AI demand has always been very strong and it's consistently outpacing supply."
However, broader tariff-fuelled market volatility has weighed on the stock this year, leaving Taipei-listed shares up just 2.3% year-to-date.
ASML (ASML.AS, ASML) – Reports second quarter results on Wednesday 16 July
Shares in ASML (ASML.AS, ASML) fell after the chip manufacturing equipment maker released its first quarter results in April and are hovering around the flatline year-to-date.
The company's net bookings of €3.94bn (£3.4bn) fell short of expectations of €4.82bn, according to average analyst estimate data compiled by Bloomberg.
First quarter net sales of €7.7bn came in line with the company's guidance, while earnings per share of €6 was higher than the €3.11 it reported for the same period last year.
At the time, ASML CEO Christophe Fouquet warned that "recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while".
Read more: UK economy faces severe risks as Trump tariffs threaten annual £10bn bill
"As previously shared, artificial intelligence continues to be the primary growth driver in our industry. It has created a shift in the market dynamics that benefits some customers more than others, contributing to both upside potential and downside risks as reflected in our 2025 revenue range," he said.
For the second quarter, ASML guided to total net sales of €7.2bn and €7.7bn. For the year, the company expects this figure to be in the range of €30bn to €35bn.
Susannah Streeter, head of money and markets at Hargreaves Lansdown, said that investors "will have a keen eye trained on the outlook and will want to see if the company’s forecast for 2025 is unchanged."
"Longer-term, ASML's dominant market position should mean it’s well-placed to benefit from growth trends in the semiconductor industry, but there may be volatility ahead given unpredictable trade policy," she said.
Burberry (BRBY.L) – Releases first quarter trading update on Friday 18 July
Shares in Burberry (BRBY.L) have rebounded since their April lows, with the stock now up 22% year-to-date.
The stock rallied in May after Burberry announced plans in its preliminary full-year results to make a further £60m ($81m) in cost savings by the 2027 fiscal year, as CEO Joshua Schulman pushes ahead efforts to turnaround the luxury fashion brand.
This was on top of the £40m in cost savings the company had previously announced. Burberry revealed that part of the savings would come from plans to cut around 1,700 jobs worldwide by 2027.Burberry plans to cut around 1,700 jobs worldwide by 2027.·REUTERS / Reuters
For the year, Burberry reported a 17% drop in revenue to £2.46bn and a loss before tax of £66m, down 117% from the pre-tax profit of £383m the company made in 2024.
In terms of guidance, Burberry flagged that it was still in the early stages of its turnaround but that the "current macroeconomic environment has become more uncertain in light of geopolitical developments".
The company said it planned to deliver margin improvement through a continued focus on simplification, productivity and cash flow, expecting to see the impact of its actions as the year progresses.
Richard Hunter, head of markets at interactive investor, said that Burberry's May update was "very well received by the market".
Read more: Stocks that are trending today
"The 'Burberry Forward' strategy which the group announced in November has had an immediate positive impact, despite the factors outside of the group’s control which remain a strong headwind," he said.
However, Hunter added: "For all of the instant progress, there remains much to do. Burberry points out, for example, that UK business continues to be seriously impacted by the withdrawal of VAT refunds for overseas visitors, which has led to the UK being the least competitive destination in Europe for tourist shopping.
"In addition, the group’s important Asian market is also a concern. Consumer sentiment was on shaky ground even before the reciprocal tariffs which could yet damage the US and Chinese economies, and the outlook is uncertain."
Other companies reporting next week include:
Monday 14 July
Ashmore Group (ASHM.L)
Brunner Investment Trust (BUT.L)
Fastenal Company (FAST)
Tata Technologies Limited (TATATECH.NS)
Tuesday 15 July
Barratt Redrow (BTRW.L)
Atalaya Mining Copper (ATYM.L)
B&M European Value Retail (BME.L)
Experian (EXPN.L)
IntegraFin Holdings (IHP.L)
Rio Tinto (RIO.L)
SSP Group (SSPG.L)
JPMorgan Chase & Co. (JPM)
Wells Fargo & Company (WFC)
Citigroup Inc. (C)
BlackRock, Inc. (BLK)
The Bank of New York Mellon Corporation (BK)
State Street Corporation (STT)
Omnicom Group Inc. (OMC)
Wednesday 16 July
Antofagasta (ANTO.L)
Intermediate Capital Group (ICG.L)
Trustpilot Group (TRST.L)
Reliance Industrial Infrastructure Limited (RIIL.NS)
Bank of America Corporation (BAC)
Johnson & Johnson (JNJ)
Morgan Stanley (MS)
United Airlines Holdings, Inc. (UAL)
Alcoa Corporation (AA)
Thursday 17 July
EasyJet (EZJ.L)
Frasers (FRAS.L)
Ocado (OCDO.L)
BHP Group (BHP.L)
Diploma (DPLM.L)
Dunelm Group (DNLM.L)
PepsiCo (PEP)
QinetiQ Group (QQ.L)
Volvo (VOLV-B.ST)
Novartis AG (NOVN.SW)
Jio Financial Services Limited (JIOFIN.NS)
Tata Communications Limited (TATACOMM.NS)
Abbott Laboratories (ABT)
GE Aerospace (GE)
ManpowerGroup Inc. (MAN)
Friday 18 July
Bridgepoint Group (BPT.L)
Reliance Industries Ltd (RELIANCE.NS)
Tokyo Steel Manufacturing Co., Ltd. (5423.T)
American Express Company (AXP)
The Charles Schwab Corporation (SCHW)
3M Company (MMM)
You can read Yahoo Finance's full calendar here.
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| 10.07.25 11:23:22 |
Major lenders offer better sub-4% mortgages amid mini-price war |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Almost every major lender has cut mortgage rates this week amid a mini-price war, as the Bank of England (BoE) warned that over 3.5 million mortgage holders face significantly higher repayments by 2028.
The average rate for a two-year fixed mortgage stands at 4.75%, while five-year fixed deals average 5.09%, according to data from Uswitch.
The Bank of England has kept interest rates at 4.25% amid inflation fears, delivering a blow to homeowners who were expecting a relief in their mortgage. The primary inflation measure, the Consumer Price Index (CPI), stood at 3.4% in the 12 months to May, a slowdown from the previous month, but well above the BoE's 2% target.
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In its latest Financial Stability Report, the central bank said that roughly 30% of mortgage holders have yet to refix their deals since the BoE began raising rates in late 2021. As those households come to refinance, most will face higher monthly costs, particularly if they initially locked in historically low rates.
These households face a mortgage timebomb, as they confront refinancing in a different interest rate environment. The base rate peaked at 5.25% in August 2023 and remained at that level for a year before the BoE began to gradually cut it, with four successive 25-basis-point cuts over the past 12 months.
The BoE also loosened its lending rules. Until now, just under 10% of new mortgages issued are for valuations exceeding 4.5 times a borrower's income. That is now set to rise to 15% across the industry, with some building societies and banks now able to offer an even higher number of new mortgages at that level.
Read more: What are branded residences and who’s buying them?
BoE estimates suggest 36,000 extra mortgages with higher loan-to-income ratios could be handed out each year as a result of the change.
This week, HSBC (HSBA.L), NatWest (NWG.L), Santander (BNC.L), Nationwide (NBS.L) and Halifax all reduced rates, going deeper into sub-4% territory for those with a 40% deposit.
HSBC mortgage deals
HSBC (HSBA.L) has a 3.98% rate for a five-year deal, lower than last week's 4.01%. For those with a Premier Standard account with the lender, this rate is 3.95%.
Looking at the two-year options, the lowest rate is 3.85% with a £999 fee, a cut from the previous 3.92%.
Both cases assume a 60% loan-to-value (LTV) mortgage, meaning buyers need to have at least 40% for a deposit.
HSBC offers 95% LTV deals, meaning you only need to save for a 5% deposit. However, the rates are much higher, with a two-year fix at 5.05% or 4.79% for a five-year fix.
This is because their financial situation and deposit size determine the rate someone can get. The larger the deposit, the lower the LTV, allowing buyers to access better deals because lenders consider them less risky.
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NatWest mortgage deals
NatWest's (NWG.L) five-year deal is 3.90% with a £1,495 fee, lower than last week's 3.95%.
The cheapest two-year fixed deal is 3.81%, lower than last week's 3.88%. In both cases, you'll need at least a 40% deposit to qualify for the rates.
Santander mortgage deals
At Santander (BNC.L), a five-year fix comes in at 3.98% for first-time buyers, lower than last week's 4.08%. It has a £999 fee, assuming a 40% deposit.
Read more: 3.5 million on track to pay higher mortgages by 2028
For a two-year deal, customers can secure a 3.90% offer, with the same £999 fee, again lower than the previous 4.01%.
Barclays mortgage deals
Barclays (BARC.L) was the first among major lenders to bring back under-4% deals and currently has a five-year fix at 3.99%, unchanged from last week. For "premier" clients, this rate drops to 3.98%.
The lowest for two-year mortgage deals is 3.89%, the same as before.
Other changes at the lender include:
4.03% two-year fixed £1999 product fee, 70% LTV, min loan £2m, max loan £10m, will decrease to 3.97% 4.14% two-year fixed £1999 product fee, 75% LTV, min loan £2m, max loan £5m, will decrease to 4.05%
Barclays recently launched a mortgage proposition to help new and existing customers access larger loans when purchasing a home. The initiative, known as Mortgage Boost, enables family members or friends to effectively "boost" the amount that can be borrowed toward a property without needing to lend or gift money directly or provide a larger deposit.
Under the scheme, a borrower’s eligibility for a mortgage can increase significantly by including a family member or friend on the application. For example, an individual with a £37,500 annual income and a £30,000 deposit might traditionally be able to borrow up to £168,375, enabling them to purchase a home priced at around £198,375.
However, with Mortgage Boost, the total borrowing potential can rise substantially if a second person, such as a parent, joins the application. In this case, if the second applicant also earns £37,500 a year, the combined income could push the borrowing limit to £270,000, enabling the buyer to afford a home worth up to £300,000.
Nationwide mortgage deals
Nationwide’s (NBS.L) lowest mortgage rate for first-time buyers is 4.08% for a five-year fix, which is slightly lower than the previous 4.09%.
First-time buyers are currently looking at 3.81% for a two-year fix, again lower than last week's 3.94%. Both deals require a 40% deposit and a £1,499 fee.
Other changes for first-time buyers include reductions of up to 0.11% across two, and five-year fixed rate products up to 90% LTV, namely:
Two-year fixed rate at 85% LTV with a £1,499 fee1 is 4.13% (reduced by 0.06%) Five-year fixed rate at 85% LTV with a £999 fee is 4.19% (reduced by 0.10%) Five-year fixed rate at 90% LTV with no fee is 4.49% (reduced by 0.10%)
Read more: Best credit card deals of the week
Carlo Pileggi, Nationwide’s senior manager, mortgages, said: “We’re making further cuts across selected products from our fixed mortgage range to ensure that Nationwide continues to be front of mind for those looking to buy their first home, move to their next or who want to switch to a new deal. These latest cuts will particularly help first-time buyers and our existing members switching to new deals.”
The lender has adjusted its mortgage affordability calculation by reducing stress rates by 0.75 and 1.25 percentage points, helping applicants borrow more, whether buying a first home, moving, or remortgaging.
Applicants can borrow, on average, £28,000 more; however, in some remortgage cases, customers could borrow up to £42,600 more.
Nationwide also reduced its standard stress rate and the rate applied to eligible first-time buyers and home movers fixing their deal for at least five years.
Halifax mortgage deals
Halifax, the UK’s biggest mortgage lender, offers a five-year rate of 3.97% (also 60% LTV), lower than last week's 4.02%.
The lender, owned by Lloyds (LLOY.L), offers a two-year fixed rate deal at 3.84%, with a £999 fee for first-time buyers, lower than the previous 3.94%.
It also offers a 10-year deal with a mortgage rate of 4.78%.
Read more:UK house prices stagnated in June as market struggles to regain momentum
Halifax has enhanced its five-year fixed mortgage products by increasing borrowing capacity. This improvement allows borrowers to access up to £38,000 more, enabling them to secure larger mortgages based on individual incomes.
Rachel Springall, finance expert at Moneyfacts, said: "The flourishing choice of low-deposit mortgages will no doubt be welcomed by borrowers looking to remortgage or are a first-time buyer.
"The government has been clear that it wants lenders to do more to boost UK growth, and so a rise in product availability for aspiring homeowners is a healthy step in the right direction."
Cheapest mortgage deal on the market
HSBC and Nationwide currently offer some of the lowest rates on the market, with a two-year fix coming in at 3.81%. Halifax takes the crown for a five-year fix with its 3.97% deal. However both require a hefty 40% deposit.
The average UK house price is £297,781, so a 40% deposit equals about £120,000.
A growing number of homeowners in the UK are opting for 35-year or longer mortgage terms, with a significant rise in older borrowers stretching their repayment periods well into their 70s.
Read more: UK house prices expected to rise but market continues to face uncertainty
Lender April Mortgages offers buyers the chance to borrow up to six times their income on loans fixed for five to 15 years, from a deposit of 5%. Both those buying alone and those buying with others can apply for the mortgage.
As part of the independent Dutch asset manager DMFCO, the company offers interest rates starting at 5.20% and an application fee of £195.
Skipton Building Society has also said it would allow first-time buyers to borrow up to 5.5 times their income to help more borrowers get on the housing ladder.
Leeds Building Society is increasing the maximum amount that first-time buyers can potentially borrow as a multiple of their earnings with the launch of a new mortgage range. Aspiring homeowners with a minimum household income of £40,000 may now be able to borrow up to 5.5 times their earnings.
Mortgage holders and borrowers have faced record-high repayments in recent years, as the Bank of England's base rate has been passed on by banks and building societies.
According to UK Finance, 1.3 million fixed mortgage deals are set to end in 2025. Many homeowners will hope the Bank of England acts quickly to cut rates more aggressively. At the same time, savers will likely root for rates to remain at or near their current levels.
Read more:
How school fees can affect your mortgage borrowing The pros and cons of getting a mortgage into your 70s How to choose where to live as you get older
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| 09.07.25 09:30:42 |
Britain’s biggest housebuilders offer £100m over collusion claims |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Seven of Britain’s biggest housebuilders have offered to pay £100m towards affordable homes to avoid a decision by a watchdog on whether they breached competition laws.
The developers have offered to pay the Competition and Markets Authority (CMA) after it discovered evidence last year suggesting that “commercially sensitive” information was being shared between the competitors.
That information included pricing, property viewings and incentives offered to house buyers, such as kitchen upgrades and stamp duty contributions.
If the CMA accepts the payment, it will drop its investigation without reaching a decision on whether there was any wrongdoing.
The £100m would be channelled into funding pots for affordable homes in England, Scotland, Wales and Northern Ireland, and is the biggest payment that has been offered to the CMA to date.
The builders – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – have also agreed to legally binding commitments to work with the Home Builders Federation and Homes for Scotland to develop industry guidance on information sharing.
Under the package, Barratt Redrow has agreed to pay £29m, while Taylor Wimpey would pay £15.8m and Persimmon £15.2m. Bellway has offered to contribute £13.5m, and Vistry would pay £12.8m.
The CMA has begun a consultation on whether to accept the payment, a process ending on July 24.
Anti-competitive behaviour crackdown
Speaking on BBC Radio 4’s Today programme, Sarah Cardell, chief executive of the CMA, said the payment would “go to the people who need it the most”.
“We don’t have to reach a conclusion in this case that there has been an infringement,” she said.
When asked whether people had overpaid for a house because of housebuilders sharing data, Ms Cardell said that was the reason the CMA had secured the payment.
She said: “It will bring hundreds more affordable homes to the UK market immediately, which is a much better resolution than a long and complex investigation.
“We are committed to tackling anti-competitive behaviour and that is exactly what we are doing today because we have moved swiftly and effectively to resolve this case with absolute clarity.
“The housebuilders are in no doubt about what they need to do to comply with the law.
“People can be confident now when they go out and look at new houses today; tomorrow, they can be confident that there is no anti-competitive behaviour and we will see hundreds more affordable homes come to market.”
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The housebuilders offering the settlement said in individual statements that the settlement offer did not amount to an admission of wrongdoing and said they would continue to work with the CMA.
Jennie Daly, chief executive of Taylor Wimpey, said the closure of the CMA’s investigation “will allow us to focus our efforts on delivering much-needed homes across the country”. |
| 09.07.25 07:35:04 |
Housebuilders vow to pay £100m after probe into information-sharing |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Seven housebuilders have pledged to pay a record £100 million to help fund affordable new homes after an investigation into whether they shared commercially sensitive information.
The Competition and Markets Authority (CMA) said the developers, Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry, offered the payment as part of a package of commitments to address concerns following the probe, which was launched last year.
The payment, which is set to go into affordable housing programmes across the UK, would be the largest ever secured by the CMA through commitments from firms under investigation.
The CMA will now consult on the commitments until July 24 and, if accepted, it will mean the regulator does not need to rule on whether the companies broke competition law.
It launched the probe last February amid concerns the firms were sharing commercially sensitive information, which could have impacted the development of sites and prices of new homes.
The watchdog there were signs they had exchanged details about sales including pricing, number of property viewings and incentives offered to buyers such as upgraded kitchens or stamp duty contributions.
Sarah Cardell, chief executive at the CMA, said: “Housing is a critical sector for the UK economy and housing costs are a substantial part of people’s monthly spend, so it’s essential that competition works well.
“This keeps prices as low as possible and increases choice.
“As a result of the CMA’s investigation, housebuilders are taking clear and comprehensive steps to ensure they comply with the law and don’t share competitively sensitive information with their rivals.
“Alongside these measures, the housebuilders we investigated have agreed to pay £100 million towards affordable homes programmes, which will help communities up and down the country.”
As well as the payment, the housebuilders have agreed legally-binding commitments not to share commercially sensitive information with rivals, such as the prices that houses were sold for, except in “limited circumstances”, the CMA said.
They have also agreed to work with the Home Builders Federation and Homes for Scotland to develop industry-wide guidance on information sharing.
The original probe involved eight builders, but Barratt and Redrow have since merged.
The firms said the offer of voluntary commitments does not mean they admit any wrongdoing.
FTSE 100 listed Barratt Redrow said its share of the combined payment would be £29 million.
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“Barratt Redrow welcomes the CMA’s consultation on the voluntary commitments and will continue to work constructively with the CMA throughout the process,” it said.
Among other listed firms involved in the probe, Vistry said its share would be £12.8 million, while Bellway added it would pay £13.5 million.
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