Deposits are falling, rates rising and prices uncertain. Should I buy my first home during Covid?

Whatever way you look at it, the property market had an exceptional year in 2020. It went from trundling along quite nicely in the first three months of the year, to a complete three-month shutdown during lockdown – during which time dire predictions were made about a coming crash.  Against the odds, house prices surged … Read more

House prices set to fall ‘significantly’ in the coming months

House prices look set to fall ‘significantly’ over the next few months amid ongoing lockdown restrictions and the end of the stamp duty holiday, according to the Royal Institution of Chartered Surveyors. Last month, property prices, sales and buyer demand all increased, but at a slower pace than seen in previous months, Rics said. Predictions … Read more

House prices set to fall ‘significantly’ in the coming months

House prices look set to fall ‘significantly’ over the next few months amid ongoing lockdown restrictions and the end of the stamp duty holiday, according to the Royal Institution of Chartered Surveyors. Last month, property prices, sales and buyer demand all increased, but at a slower pace than seen in previous months, Rics said. Predictions … Read more

As the cladding crisis rages, scandal of the homeowners shut out of £1bn support fund

Punished for PAYING UP! As the cladding crisis rages, scandal of the homeowners shut out of £1bn support fund… for trying to make flats safe Ministers have set aside a total of £1.6bn to fund remediation work  But many flat owners are having to cover the cost of recladding themselves  This is because the current pot … Read more

HSBC brings back 10 per cent deposit mortgages, joining raft of other lenders

HSBC next to bring back 10% deposit mortgages, joining raft of other major lenders including Coventry and Lloyds The lender will reinstate its 90% loan-to-value deals as of next week  It follows similar moves from other banks such as NatWest and Halifax HSBC is yet to announce rates, but its competitors have set them fairly … Read more

Remortgaging could save homeowners £169 a month – but most aren’t considering it

Remortgaging at current rates could save homeowners £169 a month – so why are the majority not considering it? Switching from variable to fixed rate could save homeowners £2,000 per year People say remortgaging is stressful and they are worried about fees Almost a third of people do not know what their current interest rate … Read more