The mortgage market moves pretty fast – particularly at the moment. Housing minister Grant Shapps has just launched the NewBuy Guarantee, which aims to help an estimated 100,000 Britons buy their dream home with deposits of as little as £10,000. On the flipside, mortgage lenders such as Halifax and Clydesdale and Yorkshire Banks will soon hike the Standard Variable Rates (SVRs) paid by borrowers not on fixed or tracker deals. Here are some pointers to help you make the most of the support available and ensure you get the best possible mortgage deal.
By Clare Francis