HSBC launches latest sub-1% mortgage and Platform goes lower at 0.95%

Mortgage rates have continued to hit record lows, as HSBC launched its first sub-1 per cent deal in more than five years.  The lender has cut the rate on its two-year fixed product for those with deposits or equity of at least 40 per cent by 0.05 per cent, bringing it down to 0.99 per … Read more

Lock into a rock bottom mortgage rate while you can, say experts

There has never been a better time for homeowners to lock into rock bottom mortgage rates say experts, as deals launch with LESS THAN 1% interest By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 10:53 BST, 6 June 2021 Mortgage experts believe there has never been a better … Read more

Lock into a rock bottom mortgage rate while you can

Mortgage experts believe there has never been a better time for borrowers to lock into rock bottom home loan rates By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 5 June 2021 | Updated: 21:51 BST, 5 June 2021 Mortgage experts believe there has never been a better time for borrowers to lock into … Read more

Why there’s still hope for first-time buyers

Soaring house prices have left many first-time buyers struggling to get on the property ladder.  The cost of the average home has jumped by 10.9 per cent to £242,832 in only 12 months, according to Nationwide.  It means that even with generous tax breaks and rock-bottom mortgage rates, the reality of home ownership is slipping … Read more

Government First Homes plan offers HALF PRICE properties to first-time buyers –

First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built under it went on the market in the East Midlands market town of Bolsover today. With house prices having surged by … Read more

Lenders are starting to offer so-called ‘green mortgages’

Lenders are starting to offer so-called ‘green mortgages’ to reward energy-efficient homeowners with cheap rates Virgin Money and Nationwide have launched green-linked schemes for homes  By Money Mail Reporter For The Daily Mail Published: 11:43 BST, 3 June 2021 | Updated: 11:43 BST, 3 June 2021 Lenders are beginning to offer so-called ‘green mortgages’ to … Read more

The perfect home for your lockdown savings

Perhaps you have lockdown savings sitting idle. If so, now could be the perfect time to consider overpaying your mortgage.  Even an extra £100 a month could slash your total interest bill by nearly £10,000 — and clear your debt four years early.  Britain’s band of ‘accidental savers’, who were forced to cut back on … Read more

Help to Buy owners find rising house prices have bumped up their debts

Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more

Most money spent on homes in last 12 months since the financial crisis

The £275bn home buying spree: More money was spent buying property in England and Wales in the past year than in any since the financial crisis The last time spending on housing was so high was in November 2007  March saw highest monthly spend since 1995, beating the record by £8billion Higher house prices have … Read more

Nationwide launches 5% deposit mortgage with lowest rate yet

Nationwide Building Society has become the latest lender to offer mortgages with 5 per cent deposits, and is offering the lowest interest rate yet. It is the largest bank or building society to bring back a 5 per cent product, and the is doing so at the lowest rate available, 3.49 per cent. Nationwide is … Read more