My husband and I are desperate to move home as we have outgrown our two-bedroom house. This has been made more urgent by the fact that our second child is due in April. We can’t start looking until we put our own home on the market, as we need to sell in order to buy. … Read more
Bank of England data reveals uptick in people taking mortgages to buy a home By ED MAGNUS Updated: 13:51 GMT, 29 November 2024 The number of mortgages approved for house purchases has hit levels not seen for more than two years, according to the latest figures from the Bank of England. Banks signed off 68,303 … Read more
By DAVID HOLLINGWORTH FOR THIS IS MONEY Updated: 18:03 GMT, 18 November 2024 We have a two-year fixed rate mortgage which comes to an end next June. My partner and I separated but maintaining the mortgage payments. We pay 50/50. We have £300,000 left on our mortgage and about 25 years. He still wants us … Read more
Property asking prices fell by more than £5,000 on average this month, according to Rightmove. The typical newly-listed home fell in price by 1.4 per cent in November, an average of £5,366, the property website revealed. The fall represents a bigger drop than normal at this time of year, which Rightmove attributed to pre- and … Read more
The property market continues to heat up as buyers look to beat the April deadline when stamp duty will rise, according to the latest survey by the Royal Institution of Chartered Surveyors. The closely-watched monthly survey gives a snapshot of what is happening on the ground in the property market across the country. This month’s … Read more
Three of Britain’s biggest mortgage lenders are increasing rates, despite the Bank of England cutting interest rates last week. Santander, TSB and HSBC have all announced prices across their fixed rate mortgage deals will rise this week. Last week, TSB and Santander were among a number of lenders to announce they were cutting mortgage rates … Read more
Withdrawn deals include Santander’s market leading 3.68% five-year fix By Ed Magnus Updated: 12:58 BST, 11 October 2024 Santander has temporarily withdrawn a number of its mortgage deals in a further sign that home loan prices may start rising again. From 10pm tonight the bank says it’s withdrawing eight fixed rate deals, including its market … Read more
First-time buyers are paying significantly more on mortgage payments than they were five years ago, despite home loan costs falling in recent months. Higher interest rates mean mortgage payments for those on the first run of the propery ladder remain 61 per cent higher than in 2019 on average, according to Rightmove. The typical first-time buyer now … Read more
The fastest and slowest property markets have been revealed by Rightmove, showing how different sellers’ experiences can be across Britain. The fastest property market is Carluke in Scotland where it takes a mere 15 days on average to find a buyer. At the other end of the spectrum, home sellers in some areas are finding … Read more
The Bank of England opted to hold the base rate at its September meeting, despite inflation remaining steady and a big US rate cut the night before. The Monetary Policy Committee looked to have little appetite for a second rate cut in a row, as it voted 8 to 1 to hold Bank Rate at 5 … Read more
