A couple were denied a new loan when they tried to move home to downsize, after they did not realise Nationwide had put a gap in their mortgage holiday. Steve Allcroft and wife Irena, from Poynton, Cheshire, had their home purchase put at risk after they were left with a damaged credit file following a mix-up … Read more
Average house prices have risen by more than £15,000 since June and £3,000 in the last month alone, ‘far outweighing’ stamp duty savings on some cheaper properties, mortgage lender Halifax said today. Its latest monthly house price index – which is based on mortgage approvals rather than actual sales prices – shows the price of … Read more
House prices soar 6.5% since June as stellar property gains outweigh stamp duty savings on some homes, Halifax says Average house prices rose 1.2%, or around £3,000, in the month of November Annual growth at 7.6%, the fastest rate since June 2016 Stamp stamp duty saving of £2,500 on a home costing £250,000 are now … Read more
Homebuyers hoping to move before Christmas are running out of time to arrange their removal company with many firms already booked up. Removal companies are struggling to meet the increase in demand from homebuyers this winter, with many already close to capacity, according to research from Bankrate UK. ‘With shorter days and bleak weather, the … Read more
First-time buyer mortgages are back as banks launch a host of new deals and cash incentives By Money Mail Reporter For The Daily Mail Published: 22:02 GMT, 1 December 2020 | Updated: 22:02 GMT, 1 December 2020 First-time buyers have been offered a glimmer of hope as banks launch a host of new deals and … Read more
For 17 years, the BBC’s Homes Under The Hammer has followed the travails of aspiring property developers, who buy unloved homes at auction before turning them into swish, lucrative real estate. And while it might be a stretch to suggest daytime television is responsible for fuelling a housing trend, new figures show that so-called ‘home … Read more
House prices rose at the fastest pace for nearly six years last month, as the rush to beat the stamp duty holiday deadline continued to drive up the market. The average price of a home increased by 6.5 per cent to £229,721 in the year to November, according to Nationwide, adding almost £14,000 to the … Read more
Treasury officials are poised to advise the Chancellor to extend the stamp duty holiday to avoid the collapse of thousands of housing transactions in the new year, This is Money understands. Mortgages are being approved today on the basis that no stamp duty will be payable but experts say transactions are taking months to complete … Read more
Treasury officials are poised to advise the Chancellor to extend the stamp duty holiday to avoid the collapse of thousands of housing transactions in the new year, This is Money understands. Mortgages are being approved today on the basis that no stamp duty will be payable but experts say transactions are taking months to complete … Read more
Long-term homeowners could be sitting on a property goldmine as the average price of a home across Britain’s towns and cities in the last 20 years has soared by nearly 80 per cent, or nearly £100,000, new data reveals. Out of 50 towns and cities, Manchester has seen the biggest jump in prices in the two … Read more