- Homes now cheaper to rent than buy for the first time since 2014on June 14, 2021 at 10:39 am
The cost to rent a typical home would be £1,054 a month, against £1,125 a month for mortgage repayments on the same property, according to Hamptons.
- My noisy upstairs neighbours are driving me mad: What can I do?on June 11, 2021 at 7:55 am
My partner and I live in a converted flat and we can hear everything my neighbours do upstairs. What can we do to solve this problem?
- Mortgage rates may be bottoming out as 5-year fix falls to 1.19%on June 11, 2021 at 7:27 am
Experts are predicting a ‘bottoming out’ of the mortgage market after interest rates hit record lows this week.
- Market town premium: Homes are worth £36k more on averageon June 10, 2021 at 11:57 am
Homes in England’s market towns are now worth £36,000 more than other locations, according to Halifax, with buyers paying double for the privilege in the most sought-after.
- Rics: Home sales boom will ease when stamp duty holiday endson June 10, 2021 at 11:54 am
Rics said that current sales boom is not expected to last once the stamp duty holiday ends, but inflation will continue.
- How to fund a staycation summer home with a holiday let mortgageon June 10, 2021 at 7:56 am
With travel abroad still uncertain, buying a holiday let here in the UK could be a good investment this summer – but if you’re not a cash buyer, getting a mortgage can be complicated.
- New firm Tembo will help parents remortgage to get children on the housing ladderon June 9, 2021 at 12:23 pm
A new company will advise parents without big cash pots on remortgaging their homes to get their children on the housing ladder. Tembo will boost first-time buyers’ deposits using interest-only mortgages.
- ALEX BRUMMER: Stamp duty holiday has sent house prices boiling overon June 8, 2021 at 10:02 am
Of all the measures taken by the government to keep the UK economy motoring in the pandemic, the tax break for house purchases under £500,000 is the most counter-productive.
- Boost for first-time buyers as 80 new 5% deposit mortgages launched in last monthon June 8, 2021 at 7:27 am
More 5 per cent deposit mortgages were launched in May than any other type of home loan, as lenders increasingly look to cater to first-time buyers.
- House prices hit another record high in May with average now above £260kon June 7, 2021 at 4:55 pm
House prices reached another record high in May, according to Halifax, with the average property adding more than £3,000 to its value in the last month alone.
- Reaching energy efficiency rating of C impossible for 1.7 million homes: Will owners face penalties?on June 7, 2021 at 4:44 pm
Almost 1.7 million homes in England and Wales with an EPC rating between D and G cannot be improved to reach a C rating, according to new research by Rightmove.
- Why there’s still hope for first-time buyerson June 7, 2021 at 3:39 pm
The cost of the average home has jumped by 10.9 per cent to £242,832 in only 12 months, according to Nationwide.
- Lock into a rock bottom mortgage rate while you can, say expertson June 6, 2021 at 9:53 am
A flurry of fixed-rate loan deals have been launched at less than 1 per cent. This has prompted one expert, Peter Gettins of L&C Mortgages, to describe the market as ‘incredibly competitive’.
- How to get your house in orderon June 5, 2021 at 6:56 am
Millions struggled to keep on top of household bills and debts when the pandemic forced businesses to shut and pay was slashed.
- How to pay off a mortgage in retirementon June 4, 2021 at 8:00 am
House prices are soaring and mortgage terms are getting longer – so it is little wonder that fewer borrowers expect to have paid off their mortgage by the time they retire.
- Government First Homes plan offers HALF PRICE properties to first-time buyers –on June 4, 2021 at 7:10 am
First-time buyers in England could get a home for up to 50% less than market value under the Government’s First Homes scheme. We explain how it works and who is likely to benefit.
- Lenders are starting to offer so-called ‘green mortgages’on June 3, 2021 at 10:43 am
Virgin Money last week announced its Greener Mortgages for borrowers buying eco-friendly new-build houses, while Nationwide offers cashback to energy-efficient homeowners.
- The perfect home for your lockdown savingson June 3, 2021 at 6:35 am
Perhaps you have lockdown savings sitting idle. If so, now could be the perfect time to consider overpaying your mortgage.
- Average UK home worth £24k MORE than before the pandemicon June 2, 2021 at 3:48 pm
UK house price growth hit double figures in the year to March, with the average property worth £24,000 more than it was this time last year at £256,000 according to the ONS.
- Government ‘closes door’ on permanent stamp duty cut, saying £8bn tax will help recoup Covid cashon June 2, 2021 at 1:11 pm
The Government will not heed calls to cut or reform the stamp duty tax on buying a home, despite short-term changes helping to turbo-boost the housing market over the past year.
- Mortgage interest rates inch upwards this year – but it could still be worth taking a five-year fixon June 2, 2021 at 9:56 am
Typical mortgage rates increased between January and June this year according to Moneyfacts, despite headline-grabbing 0.99% deals coming to the market.
- Time to lock into a cheap fixed mortgage deal?on June 2, 2021 at 8:09 am
While lenders have offered some of the cheapest deals in history in the past year, fears of inflation on the horizon means rates could soon start to rise.
- A property boom, rock bottom rates and a borrowing bonanzaon June 2, 2021 at 8:08 am
At the heart of most people’s finances is a mortgage, which is typically the largest outgoing for families every month.
- House prices surge 10.9% in year to May but could ‘fall back down to earth’ over summeron June 1, 2021 at 1:03 pm
House prices soared by 10.9 per cent annually in May, marking the strongest growth in nearly seven years, according to the Nationwide house price index.
- Help to Buy owners find rising house prices have bumped up their debtson June 1, 2021 at 8:38 am
Those who bought using the scheme years ago face paying back more than they initially borrowed on initially interest-free taxpayer loans, due to accelerating house prices.
- The 18-year property cycle tips a house price boom then crash in 2026on June 1, 2021 at 6:22 am
We speak to Fred Harrison, a British author and economic commentator, who successfully predicted the previous two property crashes years earlier.
- Banks call to expand mortgage loan scheme for struggling borrowerson May 28, 2021 at 7:38 am
Banks are calling on the Government to cut waiting times for the Support for Mortgage Interest scheme, which provides loans to borrowers receiving certain benefits, and open it up to part-time workers.
- Why a lower interest rate does not always mean the best mortgageon May 27, 2021 at 6:47 am
UK borrowers’ obsession with interest rates could lead to thousands of pounds in unexpected costs. Here’s how to compare fees and rates to make sure you’re getting the cheapest mortgage.
- Most money spent on homes in last 12 months since the financial crisison May 24, 2021 at 11:37 am
The total spent on properties in England and Wales in the year to March was 8.1 per cent higher than the £254.1billion spent the previous one.
- Properties in Portugal in demand: How to finance a holiday home overseason May 21, 2021 at 2:05 pm
Britons making enquiries about homes in Portugal surged 93% when it went on the green list, we reveal how to get a mortgage, what you might pay and how to avoid pitfalls.
- Home sales up 180% annually but stamp duty break end may dent marketon May 21, 2021 at 1:59 pm
Property transactions in the UK leapt 180% year-on-year in April, according to HMRC – but numbers fell significantly between March and April 2021 as buyers anticipated an end to the stamp duty holiday.
- Tight for space? Build a home in your gardenon May 20, 2021 at 11:57 am
Thousands are unable to find a new home that suits them at a price they can afford. But a growing number are are giving up part of their garden to build a home for a family member.
- The tiny-home movement: Cheap alternatives to home ownershipon May 19, 2021 at 2:52 pm
More first-time buyers are opting for cheap and cheerful alternatives. Marina Popova and Myles Jackson (pictured) bought their boat for £35,000 using savings and a loan.
- At war with your neighbour over a fence? This new mediation scheme could save you thousands on May 18, 2021 at 12:17 pm
After boundary disputes between neighbours spiked during lockdown, a new service aims to offer an alternative to court battles than can cost up to a quarter of a million pounds.
- Nationwide launches 5% deposit mortgage with lowest rate yeton May 18, 2021 at 10:57 am
Nationwide Building Society has launched a 5% deposit mortgage with a market-leading interest rate of 3.49%, as the range of options for first-time buyers continues to improve.
- Best mortgage rates: Compare fixed rate and tracker rate mortgage dealson May 18, 2021 at 9:31 am
The trend of mortgage rates creeping up could be about to be reversed, as lenders launch new deals amid the country’s housing mini-boom.
- Shortage of listed homes pushes house prices up furtheron May 18, 2021 at 6:49 am
Estate agents are lapping up strong sales and spiked buyer interest at present, but are still seeing listings stay woefully low, the Royal Institute of Chartered Surveyors said.
- The house price frenzy breaks all the rules, is
it about to overheat?on May 17, 2021 at 10:41 am
House prices have refused to succumb to the carnage wreaked on the UK economy by coronavirus and lockdown. We look at why and what may happen next.
- Average property asking price in the UK hits third of a million poundson May 17, 2021 at 9:04 am
The average asking price jumped by over £5,700, or 1.8 per cent, to a new ‘all-time high’ of £333,564 in a single month as buyers rushed to snap up homes with more space, according to Rightmove.
- Can I force my neighbour to prune a tree blocking light to my garden?on May 17, 2021 at 7:31 am
My neighbour’s tree is blocking the sunlight in my garden, but he is refusing to do anything because he says it acts as a privacy screen from other properties. Can I cut it down myself?
- Trying to make the stamp duty deadline? Here’s how to speed up your house purchaseon May 17, 2021 at 6:35 am
Homebuyers hoping to complete ahead of the next stamp duty deadline may find they are unable to do so in time due to conveyancing delays.
- Many properties being sold even before they hit the marketon May 16, 2021 at 10:42 am
An off-market sale is one where the property is not marketed publicly – with the sale arranged by a buying agent and clients looking to purchase without participating in a bidding frenzy.
- New loan deals help ease plight of first-time buyerson May 15, 2021 at 8:51 pm
Last year’s famine has turned into a relative feast, with more than 100 high loan-to-value mortgages now available – and more being launched every week.
- Rock-bottom mortgage rate: TSB launches two-year fix with LESS THAN 1% intereston May 14, 2021 at 1:18 pm
TSB is now offering a two-year fixed rate of 0.99 per cent to those with at least a 40 per cent deposit who are remortgaging.
- Lockdown savings mean first-time buyers are relying less on the Bank of Mum and Dadon May 14, 2021 at 8:14 am
The number of first-time buyers funding their own house deposits has rocketed, as lockdown savings have lessened their reliance on the Bank of Mum and Dad.
- Boost for first-time buyers as 95% mortgage deals triple in a monthon May 11, 2021 at 7:42 am
Borrowers with 5 per cent deposits now have more than 110 mortgages to choose from, figures reveal.
- House prices hit another record high as average home now worth £20k more than 2020on May 10, 2021 at 10:03 am
House prices hit yet another record high in April to reach £258,000, as buyers continue to take advantage of the stamp duty holiday according to mortgage lender Halifax.
- First-time buyer mortgage rejections spike: Here’s how to boost your chances of being acceptedon May 10, 2021 at 7:23 am
First-time buyers are more likely to be rejected for a mortgage now than prior to the pandemic, according to Aldermore Bank – but there are steps they can take to boost their chances of being accepted.
- Find a home mover you can trust – not a man with a vanon May 9, 2021 at 9:24 am
The surge in demand has resulted in some home movers using companies with poor service standards – and with little redress available to them. Regulation of the sector is patchy.
- Could climate change stop you getting a mortgage? Lenders could crack down in these at-risk citieson May 7, 2021 at 6:46 am
Research has found banks and building societies could become reluctant to provide mortgages in high-risk areas for extreme weather – and brokers say there is a risk of blanket bans on certain postcodes.
- Should we change our front garden into a private parking space?on May 7, 2021 at 6:43 am
We would like to change our front garden into an off-street parking space. How much will it cost, who is responsible for dropping the kerb, and will it be appealing to future buyers?
- HSBC handed out more mortgages in March than any other month in its historyon May 6, 2021 at 2:47 pm
HSBC handed out more mortgages in March than in any other month in its 40-year history of offering home loans, including providing loans for more than 3,000 first-time buyers.
- Agents reveal the ten property flaws that can prevent you from selling your homeon May 6, 2021 at 6:29 am
Casting a critical eye over your home is crucial if you’re trying to sell. We spoke to estate agents to find out the top ten property flaws that can put off buyers, from loud decor to pet dogs
- Help to Build: How does new government Grand Designs scheme work?on May 6, 2021 at 6:28 am
The Government says 30,000 to 40,000 households could use the scheme, known as Help to Build, each year. It will be available later in the summer and the full details haven’t been revealed.
- The woman suing her solicitor over doubling ground rent bill on May 5, 2021 at 10:49 am
Carole Patterson is one of a growing number of scorned home buyers taking legal action against lawyers who they say failed to point out costly clauses in leasehold contracts.
- Would you buy a home that used to be an office? Here’s what you need to know about conversionson May 1, 2021 at 6:51 am
The City of London has announced plans to build 1,500 new homes in office blocks left vacant due to the pandemic. But what should buyers consider if buying a home converted from another use?
- Nationwide tips house price inflation to top 10% as homes hit a highon April 30, 2021 at 4:41 pm
In April, the typical UK property value hit a peak of £238,831, Nationwide Building Society said, as a lockdown property boom grips the market.
- A house we want to buy was extended without planning permissionon April 30, 2021 at 6:43 am
We’re interested in buying a bungalow that has been converted to a two-storey chalet house – without the proper planning permission. Can we get it approved retrospectively?
- Mortgage prisoners frustrated as MPs shun law changeon April 28, 2021 at 2:32 pm
MPs have voted down an amendment which could have slashed the high interest rates paid by mortgage prisoners, saving some up to £800 per month.
- Borrowers applying for new 95% mortgages will need faultless crediton April 28, 2021 at 8:48 am
Dozens of home loans, partially backed by the Treasury, are now available to buyers with a 5 per cent deposit. Missing a mobile bill payment or a credit card repayment could damage your score.
- Nationwide offers £500 cashback on loans for green homes on April 28, 2021 at 8:44 am
Nationwide’s ‘Green Reward’ mortgage gives cashback to owners of properties that are more energy efficient. They will need an SAP rating of at least 86, or an EPC rating of B, to be eligible.
- Green mortgages: Nationwide latest lender to offer cashbackon April 27, 2021 at 8:58 am
Homebuyers are increasingly being incentivised to purchase energy efficient properties by some mortgage lenders via cashback offers.
- Number of family homes coming up for sale falls to five-year lowon April 26, 2021 at 11:01 pm
‘Extreme market momentum’ has prompted the value of homes sold across the country to double to £150bn in the first 15 weeks of this year, property website Zoopla said.
- Is this the renovation generation? Here’s some top tips for home improverson April 24, 2021 at 6:39 am
More than two in five homeowners plan to renovate or extend their home in the wake of the pandemic. We take a look at what they need to know before embarking on such projects.
- Shared ownership scheme: Here’s how it workson April 22, 2021 at 7:58 am
New rules introduced this month have potentially opened up shared ownership homes to people with lower incomes. Will it help more people realise their home ownership ambitions?
- ONS: House prices up £20k in a year as transactions DOUBLEDon April 21, 2021 at 11:27 am
House prices increased 8.6% in the year to February, marking the highest annual rate of growth since 2014, the ONS said.
- Home loan for LESS than 1%: Are we in for a mortgage price war?on April 21, 2021 at 8:58 am
Hinckley & Rugby Building Society launched a two-year discount variable mortgage at 0.99 per cent, while a raft of state-backed 95 per cent mortgages have gone live.
- Nationwide lets first-time buyers borrow 20% MORE – if they lock mortgage rate for five years on April 20, 2021 at 12:56 pm
The scheme, called ‘Helping Hand,’ will be launched on 26 April. Borrowers will need a deposit of at least 10 per cent, the minimum Nationwide requires across all its products.
- Could your mortgage holiday stop you getting a loan in future?on April 20, 2021 at 7:45 am
Some borrowers took mortgage holidays as a ‘nice to have’ – but now they face extra questions and increased scrutiny from lenders when applying for a new loan.
- Hope at last for thousands tangled in unfair equity release trapon April 19, 2021 at 2:27 pm
The UK’s largest equity release broker, Age Partnership, has pledged to look at all existing equity release loans to see whether borrowers can be switched to a better deal.
- Which lenders are offering Government-backed 5% deposit mortgages – and what are the rates and fees?on April 19, 2021 at 11:42 am
First-time buyers and home movers will be able to get Government-backed mortgages with deposits of just 5 per cent with five major banks and building societies from today.
- Average asking prices jump sharply to new all-time high of over £327kon April 19, 2021 at 8:27 am
The average asking price of homes up for sale across Britain jumped over 2 per cent in a month, with buyers flocking to snap up properties with outdoor space and work from home options.
- Third of homes now subject to three-plus offers: Here’s how to win a bidding waron April 17, 2021 at 6:40 am
Almost a third of buyers are paying over the asking price for their properties, as the current demand to move has resulted in competitive bidding wars. But how do you win one? We asked the experts.
- Hinckley & Rugby BS launches mortgage with a LESS THAN 1% rateon April 16, 2021 at 2:39 pm
Hinckley & Rugby Building Society will launch a new mortgage with an interest rate of 0.99% next week – but the criteria look set to be fairly strict and it’s not a fix.
- Regions drive 5.7% surge in house prices as Britain’s pandemic property boom continues on April 15, 2021 at 4:02 pm
House prices in Wales and the North West have led Britain’s pandemic property boom as homebuyers shunned cities in favour of more space.
- Newquay in Cornwall named hottest UK property marketon April 13, 2021 at 10:17 pm
The greatest excess of demand over supply in Newquay for a decade means almost two thirds of properties on estate agents’ books have sales agreed, property website Rightmove said.
- House price growth in Liverpool outpaces London by almost FIVE times since start of pandemicon April 12, 2021 at 11:15 am
House price growth in northern cities and towns is continuing to outpace southern locations including London, according to the latest Land Registry data.
- Mortgage prisoners: The homeowners paying up to 9% intereston April 12, 2021 at 8:26 am
More mortgage prisoners have told of the financial and personal hardships they have suffered, in a bid to drum up support for a potentially life-changing new law currently going through Parliament.
- South-facing gardens are hot property – but how much is one really worth?on April 9, 2021 at 6:45 am
A south-facing garden has long been a selling point for estate agents – and the pandemic has made them even more desirable. But how much does having one really add to the value of your home?
- Value of private property in Britain tops £6TRILLION for first timeon April 8, 2021 at 2:30 pm
On a net basis, the nation’s private property wealth reached the equivalent to £189,549 for the average UK property owner, the Equity Release Council said.
- House sales surged in March on back of extended stamp duty holidayon April 8, 2021 at 6:46 am
Half of property professionals reported an increase rather than a decrease in agreed sales during March, as the market responded positively to the extension of the stamp duty holiday.
- We’re in the middle of a home buying frenzy… but first-time buyers are being frozen outon April 7, 2021 at 9:00 am
A desire for better homes and the stamp duty holiday has sparked a buying frenzy – yet first-time buyers and those with small deposits have been frozen out by tight lending criteria and soaring prices.
- Homeowners paying over the odds for home insurance from their mortgage lenderon April 6, 2021 at 8:43 am
A significant number of homeowners could be overpaying for home insurance because they have bought a policy from their mortgage provider instead of shopping around.
- 18-year property cycle: Could house prices really boom for 5 years?on April 1, 2021 at 8:28 am
Against most sensible measures, house prices in the UK are too expensive, but there’s a theory that says they could keep going up from here before they crash.
- Will green mortgages encourage landlords to improve energy efficiency?on April 1, 2021 at 7:14 am
Landlords could get better mortgage deals if their properties are energy efficient, as lenders launch new green products to the market – but do they offer enough of a financial incentive?
- Could your home’s energy efficiency rating stop you getting a future mortgage?on March 31, 2021 at 4:35 pm
Those living in energy inefficient homes could soon find it harder to get a mortgage, after a Government report said it could start rating lenders on the energy efficiency of their portfolios
- House price growth slowed this month, Nationwide sayson March 31, 2021 at 10:16 am
Property price growth slowed slightly in the last month amid a ‘softening’ of demand ahead of the original end of the stamp duty holiday.
- City house prices rise in ‘urban revival’ as commuters head back to office on March 30, 2021 at 11:49 am
Prime postcodes in cities such as Winchester, Oxford and Bath have seen house prices rise this year – but the lure of the countryside is still strong according to Savills.
- Mortgage prisoners: Will a law change finally offer an escape?on March 30, 2021 at 7:38 am
A quarter of a million ‘mortgage prisoners’ have faced years of financial struggles after their banks went under in the 2008 crash. We spoke to three of them about how a new law change would help.
- What should I do if I’m struggling with a monthly mortgage payment?on March 30, 2021 at 7:31 am
Currently, 43% of homeowners are worried about making their monthly mortgage payments. We explain what to do if your income drops, and how to remortgage with defaults on your record.
- How do I check an old extension conforms to building regs?on March 30, 2021 at 6:25 am
We just received the homebuyer report on our new period home, which raised concerns about an old loft conversion and extension. How can we ensure it’s safe and what survey do we need?
- Mortgage approvals up 40% on long-term averageon March 29, 2021 at 12:23 pm
A total of 87,700 mortgages for new house purchases were approved in February, compared to an average of 63,500 over the past 10 years.
- Most popular spots for first-time buyers using the Lifetime Isa revealedon March 29, 2021 at 7:37 am
App-based provider Moneybox has paid out £94.5m in bonuses to first-time buyers in 2020-21 and those hoping to get onto the ladder, like 24-year-old Katie Mcleod, from Swindon.
- Record day for property sales and Rightmove traffic has surgedon March 27, 2021 at 12:45 pm
Home sales hit their highest daily level in a decade this week as the housing market boom continued apace – while visits to the Rightmove website smashed the all-time record twice over
- How to spot if you’re in a buyer’s or seller’s property market: TiM podcaston March 27, 2021 at 9:23 am
How to take the temperature of your local property market, the best Isa investments of all time, green investing and whether cutting electric car grants was wise.
- Busiest property markets of 2020 revealed: Cambridgeshire town tops table as buyerson March 26, 2021 at 10:47 am
The busiest property markets of 2020 have been revealed, with small towns taking the top spots as buyers rushed out of cities.
- Jump in chain-free house listings: Owners sell up and rent to make themselves more attractive buyerson March 26, 2021 at 7:42 am
One in five properties listed on Rightmove are now chain-free, as movers sell up and rent to help them win bidding wars when it comes to finding their new home.
- Buyer’s vs seller’s markets: How to judge property near youon March 25, 2021 at 9:04 am
The extension of the stamp duty holiday has added further fuel to the fire of the property market, but while some areas are blowing hot others are cold.
- Third of owners will pay HIGHER mortgage rates to avoid lender scrutinyon March 24, 2021 at 9:47 pm
Mortgage borrowers hit hardest by the pandemic may find themselves paying out thousands more each year, because they believe the financial fallout has affected their ability to remortgage.
- ONS: House prices fell slightly in January 2021on March 24, 2021 at 11:34 am
House prices dropped for the first time in six months in January, according to official figures – but they could be set to increase again due to the stamp duty holiday extension and the easing of lockdown.
- Housing transactions leap by nearly a quarter in February in show of ‘remarkable resilience’ on March 24, 2021 at 11:25 am
Housing transactions jumped a quarter in February in what has been described as a show of ‘remarkable resilience’ in the market.
- Homes now cost 7 times salary on average, and women experience ‘gender home buying gap’on March 23, 2021 at 7:55 am
Property prices in England are now seven times the local salary on average, as house price inflation appears to be outgrowing wages. New analysis also shows a ‘gender gap’ in the affordability of homes.
- Demand for properties jump since Budget’s stamp duty extensionon March 23, 2021 at 7:37 am
Buyer demand was up 24% in the week that followed the Budget on 3 March, according to property portal Zoopla.
- The seven everyday habits that could harm your mortgage chanceson March 19, 2021 at 7:33 am
From sports betting to streaming subscriptions, we asked mortgage experts about spending habits that could raise mortgage lenders’ eyebrows – and how much of a risk they pose.
- The countries that saw the biggest house price rises in 2020on March 17, 2021 at 12:27 pm
We may have seen the price of the average home go up by around £15,000 last year in the UK – but this paled in comparison to other countries which saw astronomical rises of up to 30%.
- 5% deposit mortgages are back from Yorkshire Building Societyon March 16, 2021 at 1:20 pm
Yorkshire Building Society has become the first lender to bring mortgages with 5% deposits back to the market, potentially heralding a price war that could benefit first-time buyers.
- Burglary bounce predicted for 2021: Here are 14 ways to turn your home into a fortresson March 16, 2021 at 6:16 am
Britons are being urged to secure their homes against a potential surge of burglaries anticipated for when lockdown ends. We asked experts for tips on how to protect your home.
- House asking prices edge up in March amid ‘best sellers’ market in a decade’on March 15, 2021 at 4:50 pm
The average asking price for a home in the UK increased in the first two weeks of March, as the number of people enquiring about available properties broke the all-time record.
- Can we convince people to fix their mortgages for life?on March 12, 2021 at 10:56 am
Would you fix your mortgage until it ends or would you rather take the gamble that paying less now won’t be offset by higher rates in the future?
- Lockdown savers pay off big chunks of mortgages but others struggleon March 12, 2021 at 9:04 am
As the easing of lockdown apparoaches, Britain’s mortgage borrowers will re-emerge from their homes with differing circumstances.
- Renters are pouring back into cities ahead of lockdown easing. Should you move now for a cheap deal?on March 12, 2021 at 9:04 am
Demand for city centre living is on the rise again – and with rents having fallen in many areas during the pandemic, there may be cheap deals to be had for renters who get ahead of the game.
- Self-employed mortgage struggle for seven in 10on March 12, 2021 at 7:56 am
More than half of self-employed people said they felt penalised when applying for a home loan, while 96% said they had to provide more paperwork, a new survey shows.
- What has happened to mortgage and saving rates since the base rate cut?on March 11, 2021 at 5:16 pm
Bread and butter savings rates have fallen by seven tenths, but many mortgage borrowers have barely benefited since the Bank of England cut its base rate to an all-time low last year.
- Metro Bank launches mortgages for those with low credit scores, missed payments and repossessionson March 11, 2021 at 2:28 pm
Metro Bank has launched a new range of mortgages for borrowers with ‘adverse’ credit history who may struggle to get a home loan elsewhere – making it the only high street lender to offer this.
- Shed office: Six steps to take before taking the plungeon March 11, 2021 at 6:10 am
If you’re struggling to work at your kitchen table – and you have the luxury of a garden – it could be time to invest in a ‘shoffice’. Here’s everything you need to know about building a garden workspace.
- Rics: House prices rising but shortage of homes coming to marketon March 11, 2021 at 12:01 am
A shortfall in the number of homes coming up for sale remains a major stumbling block for the housing market, economists at the Royal Institution of Chartered Surveyors have warned.
- Habito launches new mortgage with a 40 year termon March 10, 2021 at 6:10 pm
A mortgage being touted as the UK’s ‘longest-ever’ fixed rate home loan will be launched next week. Habito One will allow home buyers to stay on the same rate for up to 40 years.
- What will happen to UK house prices in 2021: Savills predicts 4% growthon March 9, 2021 at 7:55 am
House prices could see five-figure increases this year, as forecasts are revised upwards thanks to the stamp duty holiday extension and vaccine roll-out success.
- Time is running out for landlords to run safety checks or face a £30k fineon March 9, 2021 at 7:33 am
All landlords need to have had electrical safety inspections carried out on their properties by 1 April this year, or risk being fined up to £30,000.
- Millions of items are lost, damaged or stolen during home moves: Here’s how to keep your stuff safeon March 8, 2021 at 8:31 am
Home movers have seen four million possessions lost, damaged or stolen during transit over the past 12 months, costing them £700 on average. Here’s how to make sure your stuff stays safe.
- Homebuyers breathe easily as stamp duty holiday extendedon March 7, 2021 at 8:57 am
The holiday will save thousands more buyers up to £15,000 in costs. First-time buyer Jessica Sena (pictured) saved £5,000. She exchanged contracts just hours after Rishi Sunak’s announcement.
- Should you care about the square footage of a UK home?on March 5, 2021 at 3:14 pm
Most Britons don’t know the size of their home in square feet, according to a new survey. But given that buyers now prize space above all else, has this become vital information?
- Stamp duty holiday extension: How likely are you to complete before June?on March 5, 2021 at 12:48 pm
Home buyers welcomed the stamp duty holiday extension in this week’s Budget – but over-stretched solicitors say many will still miss the new deadline and some are turning clients away.
- House prices dip but could surge again thanks to Budget’s stamp duty shot in the arm – Halifax on March 5, 2021 at 10:51 am
House prices in the UK edged downwards in February, but are predicted to hit record highs again after the stamp duty holiday was extended by Chancellor Rishi Sunak in this week’s Budget.
- How to keep your shed and ‘shoffice’ safe from crookson March 5, 2021 at 10:35 am
Since the start of 2018, there has been over 70,000 reported cases of such thefts, equating to about 64 a day, Churchill Home Insurance said in new findings.
- How will a government-backed 5% deposit mortgage work?on March 4, 2021 at 3:00 pm
The rumoured scheme will be welcomed by young home buyers, who have seen the availability of 5% deposit mortgages plummet since the start of the pandemic – how will it work?
- New 5% deposit mortgages: Which lenders will offer them and when can I get one? on March 3, 2021 at 5:44 pm
Rishi Sunak announced a plan to help home buyers get mortgages with deposits of just five per cent in today’s Budget. But which lenders will offer them and how soon can people apply?
- Stamp duty holiday extension calculatoron March 3, 2021 at 4:34 pm
After the stamp duty holiday was extended, our calculator hows how much tax you would pay to move home before the new 30 June 2021 deadline.
- Council tax postcode lottery: £150k home pays more than a £77m mansionon March 3, 2021 at 12:00 pm
One is a £77.5million eight-bedroom luxury mansion in one of London’s most exclusive postcodes. The other is a modest family home in County Durham on the market for £150,000.
- Home need a revamp? We explain how to fund it with a remortgageon March 1, 2021 at 8:50 am
A third of UK home renovators plan to fund their project with a remortgage, according to a new survey. But how do you go about getting equity out of your home? We explain how it works.
- Have our lodgers left us liable for capital gains tax now we want to sell?on March 1, 2021 at 8:50 am
This couple shared their home with three lodgers to help pay the mortgage. But now they want to sell, they could be landed with a capital gains tax bill. We asked three tax experts to explain the rules
- What survey should you choose when buying a home?on February 27, 2021 at 7:53 am
The last thing you want is to discover your beautiful new home is concealing nightmares behind every nook and cranny. But what type of survey should you choose? We explain the difference between them.
- The most and least affordable places for first-time buyers nowon February 27, 2021 at 7:50 am
Within London, the notoriously expensive borough of Kensington and Chelsea is the least affordable place in the capital to live, when taking into account factors like house prices and wages.
- 10 tips to boost your credit score and avoid mortgage rejectionon February 25, 2021 at 6:36 pm
Some 22 per cent of home buyers blame bad credit for having their property purchase thwarted. Experian’s John Webb and the Mortgage Advice Bureau’s Brian Murphy explain how to fix it
- 234k extra buyers could benefit from stamp duty holiday extensionon February 25, 2021 at 4:10 pm
Around 750,000 buyers in England are set to benefit from the stamp duty holiday since it was launched last year, saving them but costing the Treasury nearly £5billion, according to the findings.
- Could I buy in time to benefit from a stamp duty holiday extension?on February 25, 2021 at 10:11 am
We had been working on the basis that there was no way we would benefit from the stamp duty holiday, but I have now read that it could be extended for three months.
- Housing transactions drop for first time since April as stamp duty holiday nears endon February 23, 2021 at 3:35 pm
Property transactions in the UK took a tumble in January for the first time in nine months according to HMRC data, in the latest sign the pandemic-fuelled market boom is coming to an end.
- Help with the rental deposit: How these alternative companies workon February 23, 2021 at 8:58 am
Young renters have been hit financially by the pandemic. With hefty deposits often a barrier to moving, companies are now offering to secure their tenancies for them – in exchange for a fee.
- Cohabiting couple? Don’t buy a home together until you have asked these six key questionson February 22, 2021 at 11:07 am
The number of cohabiting couples submitting joint mortgage applications rose by 60 per cent in 2020. We explain what you need to ask each other before taking the plunge
- Is it ever wise to take an interest-only mortgage?on February 22, 2021 at 7:59 am
Interest-only mortgages have become something of a taboo ever since the 2008 crash. But could they be a short-term fix for homeowners hit financially by Covid, or is taking one out too much of a risk?
- Would you haggle on a house price? We reveal the do’s and don’ts of negotiatingon February 18, 2021 at 11:30 am
Britons are at risk of paying over the odds on their house purchases, with 30 per cent of homeowners failing to negotiate on their current property. We explain how to do it successfully
- Best 10% deposit mortgages: What are the top rates for first-time buyers?on February 18, 2021 at 8:25 am
Lenders have launched 117 new 10% deposit mortgages since the beginning of the year – but first-time buyers still have far fewer options than they did pre-pandemic.
- Renovating in lockdown? Here’s how to add most value to your homeon February 16, 2021 at 8:25 am
Housebound UK homeowners are on a quest to perfect their homes, as Britons spent hundreds more on renovations in 2020.
- It’s a tough time to be a first-time buyer – but these expert tips could help you on the way on February 6, 2021 at 8:33 am
Getting on the property ladder is an aspiration shared by millions of people across the UK, but prices increased 6.4 per cent in the last year according to Nationwide.
- Buying a home with potential to extend? Permitted development and planning permission explainedon February 4, 2021 at 11:08 am
Property listings on the online portals often carry the bullet point, ‘potential to extend subject to planning permission (STPP)’. And estate agents love to talk about ‘potential’.
- More than 300,000 property sales fell through last year – here’s how to get yours back on trackon February 4, 2021 at 11:07 am
A total of 306,198 property transactions fell through last year, representing a 12.26 per cent rise from 2019. We asked the experts what to do if your deal is in danger of being derailed.
- Searching for a home online? Use these tech trickson February 3, 2021 at 2:02 pm
With thousands of homes at your fingertips, searching on Rightmove of Zoopla can feel like looking for a needle in a haystack. We reveal little-known tech tricks to help you beat the competition.
- How long do offers last, and what if I have bad credit? We answer the most-asked mortgage questionson January 28, 2021 at 10:54 am
Britain’s most commonly asked mortgage questions have been revealed following analysis by Comparethemarket.com. We went to three mortgage experts to find the answers.
- One in four homeowners on highest mortgage rate – and some wrongly think it helps pay it off quickeron January 25, 2021 at 1:51 pm
Research by online broker Habito found that 27% of people were on a standard variable rate – lenders’ ‘default’ rate which buyers drop on to when the initial term of their mortgage deal ends.
- How can I choose an estate agent and how much should I pay?on January 4, 2021 at 1:27 pm
The fees vary a bit, can we negotiate on them and what is the best way to do this? Is there a way to incentivise the agent to get us the best price?
Monday, June 14, 2021