My partner and I are trying to buy our first home together. The market is red hot and we are facing fierce competition for properties in our area. In the past six months we have lost out on one property after we were outbid, and on another one after the seller’s onward purchase collapsed. With … Read more
Britain is approaching the end of a property price boom. Asking prices have risen for the fifth month in a row to reach another record high, with buyers facing an average price tag of more than £300,000. In just one year, house prices have shot up by more than 10 per cent, according to Nationwide. … Read more
Mortgage rates have continued to hit record lows, as HSBC launched its first sub-1 per cent deal in more than five years. The lender has cut the rate on its two-year fixed product for those with deposits or equity of at least 40 per cent by 0.05 per cent, bringing it down to 0.99 per … Read more
There has never been a better time for homeowners to lock into rock bottom mortgage rates say experts, as deals launch with LESS THAN 1% interest By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 10:53 BST, 6 June 2021 Mortgage experts believe there has never been a better … Read more
Mortgage experts believe there has never been a better time for borrowers to lock into rock bottom home loan rates By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 21:51 BST, 5 June 2021 Mortgage experts believe there has never been a better time for borrowers to lock into … Read more
Soaring house prices have left many first-time buyers struggling to get on the property ladder. The cost of the average home has jumped by 10.9 per cent to £242,832 in only 12 months, according to Nationwide. It means that even with generous tax breaks and rock-bottom mortgage rates, the reality of home ownership is slipping … Read more
First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built under it went on the market in the East Midlands market town of Bolsover today. With house prices having surged by … Read more
Lenders are starting to offer so-called ‘green mortgages’ to reward energy-efficient homeowners with cheap rates Virgin Money and Nationwide have launched green-linked schemes for homes By Money Mail Reporter For The Daily Mail Published: 11:43 BST, 3 June 2021 | Updated: 11:43 BST, 3 June 2021 Lenders are beginning to offer so-called ‘green mortgages’ to … Read more
Perhaps you have lockdown savings sitting idle. If so, now could be the perfect time to consider overpaying your mortgage. Even an extra £100 a month could slash your total interest bill by nearly £10,000 — and clear your debt four years early. Britain’s band of ‘accidental savers’, who were forced to cut back on … Read more
Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more