A mortgage being touted as Britain’s ‘longest-ever’ fixed rate home loan will be launched next week. The new product, Habito One, will allow home buyers to stay on the same mortgage rate for up to 40 years. This is common in countries such as the US and Netherlands, but the longest mortgage term buyers could … Read more
House prices could see five-figure increases this year says an influential forecast that has revised upwards thanks to the stamp duty holiday extension and vaccine roll-out. Instead of remaining stagnant in 2021 as previously predicted, the average property price is now set to increase by £10,000 according to Savills. The FTSE 250-listed estate agent revised … Read more
Home movers have had four million of their possessions either lost, damaged or stolen in transit over the past 12 months. Nearly a quarter of people said items did not make it to their new home in the same condition they left in, according to a new survey by Direct Line home insurance. The average … Read more
Home buyers welcomed the stamp duty holiday extension in this week’s Budget – but over-stretched solicitors say many will still miss the new deadline and some are even turning clients away. Chancellor Rishi Sunak confirmed that the stamp duty holiday will continue to apply to the first £500,000 of a home’s purchase price until 30 … Read more
House prices in the UK edged downwards in February, but are predicted to hit record highs again after the stamp duty holiday was extended by Chancellor Rishi Sunak in this week’s Budget. The average price of a home in the UK last month was £251,697, a marginal 0.1 per cent drop compared to January. This … Read more
It’s often said that Britain as a nation is property-obsessed. Many love to discuss house prices, are constantly plotting ways to increase the value of homes, have an eye on which way the market is moving, along with some online window shopping for somewhere new. We also have reams of information about our homes at … Read more
Keep your outbuilding safe from crooks: £30m-worth of gear has been nicked from garages and ‘shoffices’ in the last three years – so here’s eight tips to get secure Over 70,000 outbuilding thefts reported in England and Wales since 2018 Spike in sheds and the ‘shoffice’ during lockdown has exacerbated problem Take some simple steps and … Read more
Stamp duty holiday extension calculator: How much tax would you pay and what could you save? By Simon Lambert For This Is Money Published: 14:52 GMT, 3 March 2021 | Updated: 16:15 GMT, 3 March 2021 The stamp duty holiday deadline will be extended from 31 March to 30 June 2021, the Chancellor said today … Read more
The Government has announced a plan to guarantee mortgages with five per cent deposits, encouraging banks to lend to those with smaller savings pots. In today’s Budget, Chancellor Rishi Sunak confirmed that the Government would back the home loans, which will be available on homes costing up to £600,000. The scheme will begin in April … Read more
Stamp duty holiday extension calculator: How much tax would you pay and what could you save? By Simon Lambert For This Is Money Published: 14:52 GMT, 3 March 2021 | Updated: 14:52 GMT, 3 March 2021 The stamp duty holiday deadline will be extended from 31 March to 30 June 2021, the Chancellor said today … Read more