Mortgage Rates Payment Calculator UK

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Mortgage article 7:Mortgage lending sets a new record; page 2

"Mortgage and housing markets have been more buoyant than expected this spring but we expect them to slow later in the year, particularly if there is a modest rise in interest rates in the coming months. For the vast majority of borrowers, mortgages will remain affordable even if mortgage costs rise.

"Remortgaging continues to be very strong, and may also have been affected in recent months by expectations that interest rates will rise. Borrowers will no doubt continue to take opportunities to lock into attractively priced deals ahead of expected interest rate increases."
Table 1 Total Gross Advances, Loans for House Purchase and Remortgages 
Table 2 Fixed and Variable Rate Lending and Rates of Interest: Loans for House Purchase and Remortgages 
Table 3 First Time Buyers and Former Owner Occupiers: Loans for House Purchase 
Table 4 Affordability: First Time Buyers and Former Owner Occupiers
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