Your property and mortgage news 🏡

Your property and mortgage news 🏡 Mortgage rates are holding steady for now. Moneyfacts says the average 2-year fixed rate is now 5.97% and the average 5-year fix is 6%. This week the same number of lenders raised rates as cut them. Halifax and Lloyds Bank trimmed some deals by up to 0.09%. Rates can change quickly, so if your deal ends soon, it's worth getting advice early. New help for first-time buyers is expected. The "Your First Home" scheme should offer a 20% government-backed loan on new-build homes in England, so buyers could put down a deposit as low as 2.5%. The BBC reports households will need to earn less than £110,000 (£140,000 in London) to qualify. Full details are due in the Budget on 28 October. Renting, buying, selling or remortgaging? Come and have a friendly chat — we're here to help. Call us today: 0161 518 0808 www.movedirect.org 725 Stockport Road, Manchester M19 3AR Sources: Moneyfacts (via Mortgage Strategy), BBC News, Mortgage Introducer (22–23 Oct 2026). For information only — not advice. Your home may be repossessed if you do not keep up repayments on your mortgage. #MoveDirect #PropertyNews #Mortgages #FirstTimeBuyers #ManchesterProperty