by Taryn Johnston | May 21, 2021 | Mortgages
House prices in the UK rose 10.2% in the year to March 2021, the highest annual growth rate seen since August 2007. However, the figures from the Office for National Statistics come with the caveat that less transaction data is available for March, meaning there may...
by Taryn Johnston | May 14, 2021 | Mortgages
A Commonhold Council has been established by housing secretary Robert Jenrick to allow homeowners to collectively own the building their flat is in, the government has announced. The advisory panel will prepare homeowners for the take up of commonhold ownership,...
by Taryn Johnston | May 12, 2021 | Mortgages
The government will bring in a property planning bill aimed at modernising the planning system, according to the Queen’s Speech. During the speech, the Queen outlined plans to modernise the planning system to enable more homes to be built, provide more help for...
by Taryn Johnston | Apr 27, 2021 | Mortgages
Some 16 per cent of properties sold for more than the asking price in March, NAEA Propertymark’s housing report showed. This was the highest proportion recorded since May 2014 where 19 per cent of properties sold for more than their asking price. In comparison to...
by Taryn Johnston | Apr 21, 2021 | Mortgages
Nationwide is launching a new mortgage which enables first-time buyers to borrow 5.5 times their salary up to 90% loan-to-value (LTV). The ‘Helping Hand’ mortgage, which will be available on 26 April, applies to borrowers taking out a five or ten-year fixed rate deal...
by Taryn Johnston | Apr 16, 2021 | Mortgages
Santander will discard the 2020-21 tax year for self-employed borrowers who have been hit by the Covid-19 pandemic. Instead, from 19 April Santander will base its income assessment on the 2018/19 and 2019/20 accounting periods. However, the lender said it will need to...
