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The average house price in the UK hit a record high of £289,099 in May, but the market is showing signs of cooling, according to new figures from Halifax. The average price tag for a home jumped by £2,857 month-on-month in May, with prices rising one per cent. This was the eleventh consecutive monthly increase … Read more

More than a third of Britons say they are worried about being able to pay their rent or mortgage, according to a new study. Meanwhile, a separate report from one of Britain’s biggest building societies said one in four have tapped their savings to cover basic living expenses.  An Ipsos Mori poll, shared exclusively with … Read more

House price inflation remains in double-digits, according to Nationwide Building Society, but it said there were early signs the red-hot property market was cooling. Annual house price growth slowed to 11.2 per cent in May from 12.1 per cent in April, according to Nationwide’s index, but that still means the average home costs £27,082 more … Read more

‘We locked in to avoid any future shocks’: As rates rise faster than most expected, is it time to take out a TEN-YEAR fixed rate mortgage? By Harriet Meyer, Financial Mail On Sunday Published: 21:50 BST, 28 May 2022 | Updated: 11:06 BST, 30 May 2022 The number of homeowners looking for long-term fixed rate … Read more

Buying a home is the biggest purchase most people make. Most require a mortgage to do it and breathe a sigh of relief once that’s sorted. But time flies and with Britain’s favourite mortgages being two and five-year fixed rates, many homeowners find their deal is ending and it’s time to remortgage sooner than they … Read more

Is the heat coming out of the housing market? Property sales drop 10.5% in April but experts say cost of living crisis is NOT to blame Number of properties sold dropped 10.5% between April and March HMRC figures also reveal a 13.9% fall in transactions annually Experts said growing cost of living crisis was not … Read more

In lockdown, our neighbours took ownership of a very lively dog.  When I’m playing out in the garden with my toddler, it becomes over-excited and starts jumping up the fence with force. The fence is fairly old, and came with the property when we bought it nearly a decade ago. It’s held up by wooden … Read more

The cost of living crisis and interest rate hikes have not yet dampened confidence in the housing market, as new research suggests buyers and sellers remain optimistic about finalising a deal. Around 82 per cent of sellers were optimistic about completing a sale within three months in April 2022, the same level as in March, … Read more

The cheapest fixed mortgage rates have more than doubled since October last year, according to analysis by mortgage broker L&C Mortgages. The typical new, £150,000 repayment mortgage now costs over £100 a month more than it did seven months ago, an increase of more than £1200 per year. The analysis focused on the cheapest two-year … Read more

The average two-year fixed rate mortgage has breached 3 per cent for the first time in seven years, new data shows. A typical two-year fix is now 3.03 per cent, having risen 0.69 percentage points since December 2021 and roughly 1 percentage point from two years ago, Moneyfacts says. The last time average two-year fixed … Read more