Over ten banks and building societies have removed over 1000 mortgage products and limited other products amid economic uncertainty and fear of an imminent interest rate hike.
Mortgages
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Demand for financial advice has risen greatly as many struggle to meet mortgage debt payments, a charity has warned. Citizens Advice Scotland (CAS) has seen a big increase in traffic to their website pages for advice on mortgage debt. From June 2021 to June 2022 the views of the webpages 'Schemes th
Bank of England figures have shown that mortgage deals are at a two-year high due to lower bank rates. The figures have shown that approvals increased to 67,306 from 65,506 in June, the highest level since July 2017. They also indicated that mortgage lending rose by £4.6 billion, the biggest i