Mortgage rates finally fall for first-time buyers best deals compared

The number of mortgages approved to home buyers has jumped to its highest level since the month that the mini-budget was delivered under former prime minister Liz Truss.

First-time home buyers and those with smaller deposits have received welcome relief after mortgage rates finally began to fall, with HSBC and NatWest cutting their fixed rates.

TSB cut its fixed rates for the second time in a week, starting from 3.79 per cent, offering some of the lowest rates in the market.

Those likely to benefit from the latest wave of cuts are first-time buyers and home movers who are buying with smaller deposits, but the best rates are often reserved for those with smaller loan-to-value ratios.

Read at www.independent.co.uk