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 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...
by Taryn Johnston | Apr 14, 2021 | Mortgages
The current Bank of England base rate of 0.1 per cent is expected to remain unchanged until 2025, Capital Economics predicted. The consultancy’s latest UK housing market update concluded this would combine with other low-rate scenarios across the mortgages sector. ...
by Taryn Johnston | Mar 31, 2021 | Mortgages
Borrowers with a five per cent deposit have seen their choice of mortgage deals rise almost six-fold in less than one month as the government’s upcoming scheme has kick started the market. On 1 March, there were five specialist mortgage deals available at 95 per cent...
by Taryn Johnston | Mar 16, 2021 | Mortgages
Accord Mortgages returns to the 95 per cent loan-to-value mortgage market tomorrow (Wednesday), in a move aimed at “giving brokers more choice for first-time buyers with smaller deposits”. The product, only available through advisers, has a five-year fixed rate of...
