moneymortgageshome

Hull is the most affordable city for a first-time buyer with a small deposit to snap up a home, new findings have revealed.  With average property prices at £121,335, a buyer with a 5 per cent deposit in Hull will need £6,066 to get onto the housing ladder, according to The Nottingham Building Society. Buyers … Read more

Home asking prices in the South West, Wales and the East Midlands have spiked by more than 9 per cent in the past year, more than three times the national average, data claims.  The average property asking price in the South West now stands at £353,213, up 9.5 per cent, while its £232,440 in Wales … Read more

Making homes affordable for first-time buyers is a problem that does not have one easy solution.   With house prices having risen rapidly since the start of the pandemic, many are finding themselves priced out – especially in inner cities.  But major housebuilder Barratt Homes thinks it has found a way for young people to climb … Read more

Halifax has launched the latest offensive in the mortgage price war, and is now offering a home loan with a record ultra-low rate of 0.9 per cent. The bank, which is part of the UK’s largest mortgage lender Lloyds Banking Group, has also brought out several other deals aimed at home movers with plenty of … Read more

Starling Bank moves into mortgages: Digital challenger snaps up buy-to-let lender Fleet for £50m as part of expansion drive Starling Bank has made its first corporate acquisition, buying Fleet Mortgages  It is part of the bank’s expansion drive as it targets IPO by 2023  Starling has reassured existing Fleet customers that it won’t change the … Read more

Britain’s biggest building society has ramped up the mortgage price war after launching a record low sub 1 per cent five-year fixed rate deal. While rates below 1 per cent are not unusual for two year deals, Nationwide is offering this rate to those with a 40 per cent deposit remortgaging or moving, fixed until … Read more

Klarna could cost you a mortgage: Home buyers turned down for loans after using buy now pay later deals By Helena Kelly For The Daily Mail Published: 17:01 EDT, 20 July 2021 | Updated: 17:45 EDT, 20 July 2021 Aspiring homeowners are reportedly being turned down for house loans as they have used buy now … Read more

Mother of one Lina Slater was dreaming of a home with more downstairs space, a garage and a drive. But she was in no rush to move. After just one viewing, however, she and husband Paul, 42, realised how greatly they had underestimated the property market. Houses were flying off the market and viewings were … Read more

Owners of energy-efficient homes could save hundreds of pounds by opting for a green mortgage – available from a growing number of lenders By Rachel Lacey, Financial Mail On Sunday Published: 21:52 BST, 17 July 2021 | Updated: 21:52 BST, 17 July 2021 Owners of energy-efficient homes could save hundreds of pounds by opting for … Read more