by Taryn Johnston | Sep 30, 2021 | Mortgages
The Bank of Gran and Grandad was open for business during the stamp duty holiday, gifting £437.3m towards buying homes for younger relatives over the last 15 months, according to Key. The relief from the tax ends on Thursday, but during that time over-55s have given...
by Taryn Johnston | Sep 28, 2021 | Mortgages
The Labour Party has pledged to set up a ‘building works agency’ to fund post-Grenfell repairs. Speaking at the Labour Party Conference, Shadow Housing Secretary Lucy Powell said her party has “a plan” to solve the building safety crisis if re-elected. Shadow...
by Taryn Johnston | Sep 6, 2021 | Mortgages
Research by Comparethemarket.com analysed data from the Office for National Statistics (ONS) from 1992 to 2002 and predicted the UK average house will cost £323,718 by 2031. In London, it is expected this could rise by a third to an average of £619,568. This will...
by Taryn Johnston | Jul 27, 2021 | Mortgages
Nationwide Building Society is leading an action plan to tackle the UK housing crisis, which it says has been compounded by the pandemic. More than 25 major organisations have come together and formed action groups that will collaborate to help solve existing and...
by Taryn Johnston | Jul 21, 2021 | Mortgages
Nationwide has introduced a five-year fixed rate sub-one percent mortgage product and has reduced rates by up to 0.4 per cent. The product has a rate of 0.99 per cent and is available from tomorrow at 60 per cent loan to value (LTV). It is eligible for customers...
by Taryn Johnston | Jul 19, 2021 | Mortgages, Uncategorized
Asking prices in July rose to another all-time-high of £338,447 after increasing for the fourth month in a row and swelling by more than £20,000 in the last six months. Over the last six months, asking prices have risen by £21,389 and £2,374 since June making the 0.7...