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...
by Taryn Johnston | Jul 7, 2021 | Mortgages
HSBC has cut prices on around 40 fixed-rate mortgages by up to 0.3 per cent, leading to the lender’s lowest ever fixed rate mortgage of 0.94 per cent. The lender’s previous low had been a two-year fixed rate priced at 0.99 per cent which was capped at 60 per cent loan...
by Taryn Johnston | Jun 23, 2021 | Mortgages
Residential property sales reached their highest May total for seven years last month as buyers rushed to take advantage of the stamp duty holiday, according to official figures. There were 103,100 residential sales in May on a provisional and non-seasonally adjusted...
by Taryn Johnston | Jun 7, 2021 | Mortgages
Construction order volumes grew in May at the fastest pace since records began 24 years ago, driven by the house building sector, the construction Purchasing Managers Index (PMI) showed. Construction output as a whole rose above pre-virus levels in May, with the house...
by Taryn Johnston | May 26, 2021 | Mortgages
The percentage of properties selling for over the asking price reached the highest level on record as eager buyers outnumbered available properties by 16 to one, according to NAEA Propertymark. The trade body says that 32% of properties sold for more than asking price...
