If you’re trying to move house and are unsure how the Government’s announcement will affect you, removal quote provider Reallymoving has put together the following advice: Securing a mortgage · Be prepared to provide evidence of job security, something banks will be checking even more closely than usual. · With surveyors currently unable to carry … Read more
Banks and building societies pull a THIRD of all mortgage deals in just three weeks as worry over coronavirus grips the market There are 30 per cent fewer mortgages on offer then just three weeks ago Nationwide, Halifax and Barclays have all pulled higher loan-to-value deals Experts worry a lack of competition may mean mortgage … Read more
Craig Aynsley and his partner Claire, pictured in happier times before he fell ill with cancer Craig Aynsley, 46 from Northumberland, has been unable to work for five years after two separate battles with cancer – but thought his life had turned a corner last year after finding his dream home. After putting down a … Read more
Rising numbers of Britons will still be renting in retirement — but for some, this isn’t necessarily a bad thing. Statistics released this month show that over a decade, the number of those renting ahead of retirement has gone from one in 20 to nearly one in ten. Yet we have spoken to older tenants … Read more
Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance. But … Read more
The Government has told the public not to move house during the coronavirus outbreak – but yesterday said there are exceptions in certain circumstances. Home buyers and sellers were left in limbo this week after the Government urged the public not to move house while the lockdown continues across the country. As a result tens of thousands … Read more
The Government has told the public not to move house during the coronavirus outbreak – but yesterday said there are exceptions in certain circumstances. Home buyers and sellers were left in limbo this week after the Government urged the public not to move house while the lockdown continues across the country. As a result tens of thousands … Read more
Two of Britain’s biggest banks have pulled new mortgages for all but those with the biggest deposits or sizeable equity in their homes. Barclays and Halifax have both stopped selling all mortgages above 60 per cent loan-to-value this week, as the housing market grinds to a halt amid the coronavirus outbreak. The move triggered by … Read more
Ministers fired a warning shot at banks this week as the top six lenders stand accused of failing to help mortgage prisoners switch to a better deal. In an open letter Treasury ministers urged banks to move quickly to help mortgage prisoners following some four months of inaction from lenders. The UK’s financial watchdog introduced … Read more
SIMON LAMBERT: How do you deal with a property market where people aren’t allowed to leave the house? By Simon Lambert for Thisismoney.co.uk Published: 09:44 GMT, 26 March 2020 | Updated: 09:44 GMT, 26 March 2020 How do you deal with a property market where people aren’t even allowed to leave home, let alone go … Read more