House builder says cancer patient MUST buy their home or face losing deposit despite coronavirus.

Craig Aynsley and his partner Claire, pictured in happier times before he fell ill with cancer Craig Aynsley, 46 from Northumberland, has been unable to work for five years after two separate battles with cancer – but thought his life had turned a corner last year after finding his dream home. After putting down a … Read more

What are property buyers and sellers allowed to in lockdown?

The Government has told the public not to move house during the coronavirus outbreak – but yesterday said there are exceptions in certain circumstances.   Home buyers and sellers were left in limbo this week after the Government urged the public not to move house while the lockdown continues across the country.  As a result tens of thousands … Read more

Halifax and Barclays scrap new mortgages below 40% deposit

Two of Britain’s biggest banks have pulled new mortgages for all but those with the biggest deposits or sizeable equity in their homes. Barclays and Halifax have both stopped selling all mortgages above 60 per cent loan-to-value this week, as the housing market grinds to a halt amid the coronavirus outbreak.  The move triggered by … Read more

Should you put your mortgage on hold for three months?

Should you put your mortgage on hold for three months? Repayment holidays now available on loans for your home or buy-to-let property Homeowners facing financial difficulty due to coronavirus offered vital lifeline A ‘mortgage holiday’ allows them to suspend repayments for up to three months When it ends, you can pay back interest built up … Read more

Rightmove faces backlash from estate agents over fees holiday as UK property market grinds to a halt

Rightmove is facing a backlash from estate agents who claim it is not doing enough to help them throughout the coronavirus crisis which is seeing them lose business amid plummeting home viewings and sales. The property listing website has offered estate agents a 75 per cent discount for the next four months as the housing … Read more

Mortgage holidays: Call your bank before cancelling payments

Homeowners are unknowingly putting themselves into arrears by cancelling their mortgage payments without speaking to lenders first.  Chancellor Rishi Sunak’s announced last week that homeowners in financial difficulty as a result of the coronavirus pandemic will be offered a three-month mortgage break, or ‘payment holiday’. But lenders have warned that some borrowers are cancelling their … Read more