Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more
Starling Bank moves into mortgages: Digital challenger snaps up buy-to-let lender Fleet for £50m as part of expansion drive Starling Bank has made its first corporate acquisition, buying Fleet Mortgages It is part of the bank’s expansion drive as it targets IPO by 2023 Starling has reassured existing Fleet customers that it won’t change the … Read more
Two in five home buyers paid over the asking price last month… but agents say housing market heading for a ‘rebalancing’ Some 40% of homes sold above asking price in June; the highest on record There are currently 19 buyers for every available property on the market House prices have risen by more than £20k … Read more
With property prices rising over the past year, those selling their homes have been potentially handing over larger sums to agents. Fees usually amount to between 1 and 3.5 per cent of the purchase price, meaning a potential £8,750 outlay on the typical home. And with the housing market so busy, it could be argued … Read more
Klarna could cost you a mortgage: Home buyers turned down for loans after using buy now pay later deals By Helena Kelly For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 07:59 EDT, 21 July 2021 Aspiring homeowners are reportedly being turned down for house loans as they have used buy now … Read more
Britain’s biggest building society has ramped up the mortgage price war after launching a record low sub 1 per cent five-year fixed rate deal. While rates below 1 per cent are not unusual for two year deals, Nationwide is offering this rate to those with a 40 per cent deposit remortgaging or moving, fixed until … Read more
Mother of one Lina Slater was dreaming of a home with more downstairs space, a garage and a drive. But she was in no rush to move. After just one viewing, however, she and husband Paul, 42, realised how greatly they had underestimated the property market. Houses were flying off the market and viewings were … Read more
Owners of energy-efficient homes could save hundreds of pounds by opting for a green mortgage – available from a growing number of lenders By Rachel Lacey, Financial Mail On Sunday Published: 21:52 BST, 17 July 2021 | Updated: 23:24 BST, 17 July 2021 Owners of energy-efficient homes could save hundreds of pounds by opting for … Read more
A mortgage battle by banks and building societies means rates are falling and the number of deals available to UK borrowers is at its highest level since March 2020. There are now more than 4,500 deals on offer – just 700 fewer mortgage options than there were before the pandemic, according to data from Moneyfacts, with … Read more
The first clues are emerging about what might happen to the housing market after the tapering down of the stamp duty holiday and how the race to beat the deadline pulled sales forward. After a frantic final leg for agents, mortgage brokers, banks, conveyancers and, of course, buyers and sellers, a leading estate agent has … Read more