Hawes & Co blog

You may have seen a number of headlines over the past week around mortgages and interest rates, designed to get a reaction from readers. But what should you do?

The Bank of England is expected to announce interest rate rises in the coming weeks.  Embrace Financial Services (EFS) is urging existing and potential borrowers to address their current or future mortgage needs to minimise the risk of higher mortgage repayments in the future.

Great news for buyers with the introduction of a 5% mortgage deposit scheme, offering a 95% mortgage loan on properties valued up to £600,000.