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Millions struggled to keep on top of household bills and debts when the pandemic forced businesses to shut and pay was slashed.  Missed payments can harm your chances of getting a mortgage in the future, but experts say past credit mishaps do not mean all hopes of future borrowing are lost. Nick Morrey, product technical … Read more

First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built under it went on the market in the East Midlands market town of Bolsover today. With house prices having surged by … Read more

House prices are soaring, first-time buyers are getting older 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.  In fact, more than 30 per cent of homeowners now expect to still have a mortgage by the age … Read more

Lenders are starting to offer so-called ‘green mortgages’ to reward energy-efficient homeowners with cheap rates Virgin Money and Nationwide have launched green-linked schemes for homes  By Money Mail Reporter For The Daily Mail Published: 11:43 BST, 3 June 2021 | Updated: 11:43 BST, 3 June 2021 Lenders are beginning to offer so-called ‘green mortgages’ to … Read more

Perhaps you have lockdown savings sitting idle. If so, now could be the perfect time to consider overpaying your mortgage.  Even an extra £100 a month could slash your total interest bill by nearly £10,000 — and clear your debt four years early.  Britain’s band of ‘accidental savers’, who were forced to cut back on … Read more

Stuck in a home you can’t stand? Over half of homeowners are living in properties they know don’t suit their needs – but emotional ties, the lure of the local pub and even pets buried in the garden make it too hard to move People typically think they need around £125,000 more to get a … Read more

Average mortgage rates have edged up in the past few months, despite increased competition among lenders – but experts say it could still be worth taking a long-term fix.  Since the beginning of this year, the interest rate has gone up on the typical two, five and 10 year fixed mortgage, according to finance experts … Read more

House prices soared by 10.9 per cent annually in May, marking the strongest growth in nearly seven years. The double-digit house price growth recorded in May followed a 7.1 per cent annual increase in April, according to Nationwide’s house price index. Across the UK, property values hit a new record average of £242,832 – up … Read more

Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more