daily information to stay fit and healthy
This is Money recently reported that 10-year fixed rates are currently at some of their lowest ever levels as banks and building societies battle for their business. A fierce mortgage price war has seen the number of 10-year fixed rate mortgages on offer grow substantially over the past year, pushing rates down to an average 2.76 … Read more
Homes in three Northern towns have fallen in value over the past decade, while in some parts of London prices have doubled compared to 2010, new analysis shows. House prices in Hartlepool, Redcar & Cleveland and Blackpool are lower than they were ten years ago. But all of the ten areas where house prices have … Read more
Mortgage prisoners may finally be able to switch to a better deal after the City watchdog relaxes its rules By Sarah Davidson For Thisismoney.co.uk Published: 16:06 BST, 28 October 2019 | Updated: 16:06 BST, 28 October 2019 Mortgage prisoners locked into expensive rates have been offered a potential lifeline after the financial watchdog relaxed its … Read more
Homeowners whose two-year fixed rate mortgage deals are about to end have been warned they could see a bill shock if they fail to act. In September 2017, the average two-year fixed mortgage rate hit its lowest ever level at 2.17 per cent, according to Moneyfacts. Borrowers can still swap to deals almost as cheap … Read more
Almost 2,000 more first-time buyers get on the property ladder each month, as they take advantage of cheaper homes, generous mortgages and stamp duty cut First-time buyer numbers jump by 5.8 per cent compared to last year July saw a year-high in the amount lent to people buying their first homes Fewer homeowners are remortgaging than … Read more
It’s now easier to get a mortgage on a zero hours contract as HSBC becomes the latest lender to relax the rules for those not in full-time work HSBC relaxes its application rules for zero hours contract workers Applicants will now have to submit less evidence of income and tax paid Bank says this will help … Read more
For decades the way that we borrow mortgages has remained largely unchanged. We may have moved on from the days of visiting a building society branch manager in person, to speaking to an in-house adviser or mortgage broker who speaks to the lender on our behalf, but essentially the chain of command still runs from … Read more
Kieron and Hannah Muldoon were among the first adopters of Help to Buy when they bought their first home in Merseyside six years ago. For five years, the couple were over the moon with their decision to take advantage of the Government’s interest-free loan to help them get on the property ladder. But in year … Read more
Talk to people about the green belt and many will lament the loss of England’s green and pleasant land disappearing under ugly new build housing developments. That, or they’ll explain to you just how these areas are single-handedly causing all the country’s housing woes by preventing new homes from being built. But new government figures now … Read more
Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance. But … Read more