Best cities in Britain to buy a home with a 5% deposit now

Hull is the most affordable city for a first-time buyer with a small deposit to snap up a home, new findings have revealed.  With average property prices at £121,335, a buyer with a 5 per cent deposit in Hull will need £6,066 to get onto the housing ladder, according to The Nottingham Building Society. Buyers … Read more

The ten countries that have seen house prices rocket in a decade

The countries where property prices have rocketed the most over the past ten years have been revealed – and by how much house price inflation has outpaced wages to squeeze buyers.  Those fed up with Britain’s sky-high house prices that can make moving home unaffordable may be surprised to find the UK only coming in … Read more

Mortgage rates go lower as Halifax launches 0.9% loan… but is it the best deal around?

Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more

Starling Bank snaps up buy-to-let lender Fleet Mortgages for £50m

Starling Bank moves into mortgages: Digital challenger snaps up buy-to-let lender Fleet for £50m as part of expansion drive Starling Bank has made its first corporate acquisition, buying Fleet Mortgages  It is part of the bank’s expansion drive as it targets IPO by 2023  Starling has reassured existing Fleet customers that it won’t change the … Read more

Mortgage price war ramps up: Nationwide offers record breaking sub 1% five year fixed rate deal

Britain’s biggest building society has ramped up the mortgage price war after launching a record low sub 1 per cent five-year fixed rate deal. While rates below 1 per cent are not unusual for two year deals, Nationwide is offering this rate to those with a 40 per cent deposit remortgaging or moving, fixed until … Read more

Turned down for mortgages after using buy now pay later shopping deals

Klarna could cost you a mortgage: Home buyers turned down for loans after using buy now pay later deals By Helena Kelly For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 17:01 EDT, 20 July 2021 Aspiring homeowners are reportedly being turned down for house loans as they have used buy now … Read more

How a ‘green’ home could cut cost of your mortgage

Owners of energy-efficient homes could save hundreds of pounds by opting for a green mortgage – available from a growing number of lenders By Rachel Lacey, Financial Mail On Sunday Published: 21:52 BST, 17 July 2021 | Updated: 21:52 BST, 17 July 2021 Owners of energy-efficient homes could save hundreds of pounds by opting for … Read more

House prices soar 10%, says ONS, but agents tip they may ‘plateau’  

House prices soared 10 per cent annually in May as buyers raced to take advantage of the stamp duty holiday – but experts warn they could now plateau. According to official figures from the ONS / Land Registry, the typical British home was worth £254,624 in May – an increase of £23,000 in just one … Read more

This estate agent will sell your home for FREE – but is it too good to be true?

Homeowners in the Midlands could now sell their home without paying any estate agent fees, after one online firm announced it is expanding its ‘free’ estate agent service.  Strike – formerly known as Housesimple – is rolling out its ‘sell for free’ service across parts of the Midlands and Central England, having already done so … Read more

Record low rates hit mortgage market (but beware the hefty fees)

Record low rates hit mortgage market: TSB and HSBC both launch two-year fixed deals at just 0.94% (but beware the hefty fees) By Ben Wilkinson for the Daily Mail Published: 22:00 BST, 6 July 2021 | Updated: 22:00 BST, 6 July 2021 Lenders are enticing borrowers with the lowest mortgage rates on record. TSB and … Read more