by Taryn Johnston | Oct 8, 2020 | Mortgages
Borrowers looking for a low deposit mortgage deal will be forced to pay the highest average two-year fixed rate in five years, increasing their mortgage costs by thousands of pounds as rates have soared since April. Analysis from the Bank of England showed the average...
by Taryn Johnston | Sep 30, 2020 | Mortgages
House prices are on course to rise by 14% between August and November according to the House Price Forecast by price comparison site reallymoving. Average house prices in England and Wales are on course to increase by 14% in the three months between August and...
by Taryn Johnston | Sep 18, 2020 | Mortgages
The minimum initial share to acquire a shared ownership property has dropped from 25 per cent to 10 per cent as part of the government’s plan to get more people onto the housing ladder. People will be able to purchase shares in one per cent instalments when...
by James | Jul 17, 2020 | Mortgages
32% of parents would value advice on how best to give money to children and would also like government support with guidance and tax breaks, according to new survey from Openwork. 62% of parents would welcome government-backed guidance on how to make gifts and loans,...
by James | Jun 10, 2020 | Mortgages
Average mortgage rates have fallen by as much as 0.51 percentage points in some product categories compared to the deals on offer before lockdown began. Figures from Moneyfacts show substantial reductions across many different fixed rate periods and loan-to-value...
by James | May 26, 2020 | Mortgages
Homeowners struggling to pay their mortgage because of coronavirus will be able to extend their repayment holidays by a further three months. More than 1.8m payment breaks have been taken up since being offered in March, as part of measures designed to ease...
