Homeowners who are coming to the end of a mortgage deal are being urged to protect their finances by locking into a new fixed-rate loan. A tsunami of higher energy and food bills, plus inflation heading towards four per cent,…
The average UK house price is now £235,000 with the summer market moving at its fastest pace for five years, a new report shows. The latest House Price Index released by property website Zoopla shows that the housing market is continuing…
The furlough scheme may be ending tomorrow but concerns over redundancy are proving less of a hindrance to budding home buyers than before. This is according to a newly-published survey which discovered just a third (34%) thought the risk of…
Fixed-rate mortgages are, as the name suggests, deals in which the interest rate remains the same for the term of the deal. Borrowers can choose deals in which they fix their rate for two, five-years or even 10 years. According…
Not only have the number of mortgages for landlords increased beyond the level experienced in March 2020, before the pandemic effects began to hit the market, but the 2,968 now on offer is the highest since October 2007 – before…
Nearly 400,000 properties have been down-valued in the past year, as mortgage lenders poured cold water on sellers’ high price expectations. An estimated 390,285 homes have been down-valued, according to research by estate agent Benham and Reeves – putting potential…
Mortgage lenders have toughened their rules in recent years, meaning the application process has become more rigorous. Here’s the heads-up on some of factors which can lead to a rejection to help you improve your chances of being accepted…
From online valuations and e-signatures to mortgage passports and ‘one-click’ home loans, Pete Mugleston predicts how technology is set to transform the process of buying a home The past 16 months or so have proven not only that the housing…
As a first-time buyer you may often feel you are about to embark on an intrepid journey, in the dark – blindfolded. Here are some pieces of information other buyers have learned, to help you map out your way more…
Banks are courting first-time buyers by bringing rates down from lofty heights The lowest rate available for a 10% deposit is now 2.13% with Natwest Those with 5% deposits will pay more, but could also see falls in coming weeks …