Halifax: House prices rocket 7.5% in a year to add £18,000 to average home

House prices rocket 7.5% in a year to add £18,000 to the cost of the average home, says Halifax, but is the lockdown mini-boom already slowing? Average house price reaches a new record high of £250,457, on Halifax index Property inflation at 7.5% is the highest it has been since mid-2016 October saw a monthly … Read more

What does England’s new lockdown mean for the property market?

Secretary of State for Housing, Robert Jenrick, tweeted that the Housing market will remain open in light of Thursday’s new lockdown measures. The deep freeze that the property market was plunged into by the first lockdown in March will not return, as England finds itself told to stay home again. England’s property market can continue … Read more

Deadline looms for homebuyers to save thousands in tax

Those who want to move home and avoid paying thousands of pounds in stamp duty need to begin their search as soon as possible By Laura Shannon, Financial Mail on Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Those who want to move home and avoid paying thousands of … Read more

Five reasons NOT to start overpaying a mortgage

Five reasons NOT to start overpaying a mortgage…and reasons you should By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:53 GMT, 31 October 2020 | Updated: 21:53 GMT, 31 October 2020 Homeowners dream of the day they finally become mortgage free – but should you bring that happy day forward by overpaying your mortgage … Read more

Insta-mortgages are an instant hit with new lender Generation Home

Aspiring homeowners struggling to raise a large enough deposit to qualify for a mortgage might find they now have an alternative option – available through Instagram.  Generation Home is a brand new mortgage lender, launching earlier this month and marketing its home loans to Britons through social media.     While all other UK mortgage lenders require … Read more

Record high house sales agreed post-lockdown push transaction pipeline up 50%

Aspiring home buyers rushing to buy before the stamp duty holiday deadline are clogging the transaction pipeline, with 50 per cent more home sales than usual waiting to be completed, a report reveals.   Record high sales agreed post-lockdown has led to some 140,000 more homes currently progressing through the system than at this time last … Read more

We show you how to make sense of the mortgage mayhem

Borrowers are facing mortgage mayhem as banks axe deals and hike rates. Major delays also mean homebuyers are at risk of missing out on generous stamp duty savings.  But don’t despair — here Money Mail explains everything you need to know to navigate the chaos…  WHY IS THE MARKET BOOMING NOW? A stampede of home … Read more

We show you how to make sense of the mortgage mayhem

Borrowers are facing mortgage mayhem as banks axe deals and hike rates. Major delays also mean homebuyers are at risk of missing out on generous stamp duty savings.  But don’t despair — here Money Mail explains everything you need to know to navigate the chaos…  WHY IS THE MARKET BOOMING NOW? A stampede of home … Read more

Want to unlock cash tied up in your home? Read our equity release guide

Want to unlock cash tied up in your home? Find out your options in our free guide By Mail on Sunday Reporter Published: 11:47 GMT, 25 October 2020 | Updated: 11:48 GMT, 25 October 2020 The Mail on Sunday has produced an essential guide for people aged 55 or over who are looking to unlock … Read more

Mortgage holidays end: How to get your finances back on track

Mortgage holidays end next week: How to get your home finances back on track, even if money is still tight The government’s mortgage holiday scheme ends officially on 31 October Banks say they will continue offering support to hard-up borrowers Delaying mortgage payments further will damage your credit score By Will Kirkman For Thisismoney.co.uk Published: … Read more