TONY HETHERINGTON: We can’t get our wedding deposit back

Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below.  Ms A.H. writes: My partner and I booked a wedding reception for 60 guests at Pembroke Lodge in … Read more

Misery for first-time buyers as mortgage firms demand a FIFTH of price of new home for deposit

Age of the 20% deposit dawns: Misery for first-time buyers as mortgage firms demand a FIFTH of price of new home – while existing owners enjoy boom in sales thanks stamp duty freeze More than 300 mortgage deals for borrowers with 15 per cent deposit are axed Not one high street bank offered mortgages for … Read more

Buyers with a 10 per cent deposit have one day to secure a mortgage from TSB

First-time buyers forced to scramble for mortgages as one bank launches a 90% deal this morning but says it will pull it at 5pm TODAY TSB announced yesterday it will offer a limited mortgage to buyers with a 10 per cent deposit – but only for one day Buyers looking for a house worth up … Read more

Nationwide cracks down on mortgage borrowers relying on parents for deposit

End of the Bank of Mum and Dad? Nationwide tell first time-buyers to prove they SAVED 75% of deposit themselves Nationwide will crack down on first-time buyers relying heavily on their parents Buyers need to prove at least 75 per cent of mortgage money is from own saving  Survey by Savills revealed 40 per cent … Read more

Number of low deposit deals continues to fall despite Nationwide re-entering the market

Is the mortgage crunch really over? Experts warn deals for borrowers with small deposits are likely to remain limited for some time Number of deals for 10 per cent deposit borrowers continued to fall this month This is despite lenders like Nationwide and Coventry BS reintroducing products Experts predict deal numbers will continue to ‘ebb … Read more

Boost for first-time buyers as lenders offer 10% deposit mortgages 

Boost for first-time buyers as lenders bring back mortgages for borrowers with a 10% deposit By Miles Dilworth For The Daily Mail Published: 22:01 BST, 21 July 2020 | Updated: 23:05 BST, 21 July 2020 Lenders are bringing back mortgages for borrowers with a 10 per cent deposit in a boost for first-time buyers. Nationwide … Read more

Bride demands wedding photography deposit refund over BLM post

Twitter users are applauding a wedding photographer for her response to a bride who demanded that her nonrefundable deposit be returned — because the photographer shared a Black Lives Matter post. Shakira Rochelle, a photographer in the Cincinnati, Ohio area, shared an Instagram post in solidarity with the Black Lives Matter movement on June 5. … Read more

Will I lose my deposit if I back out of a new-build home purchase?

I bought an off-plan flat in Battersea two years ago but so far have only paid a deposit.  As property prices are expected to fall as a result of the coronavirus I do not want to complete the transaction and buy the property.  But if I back out now can I still get my 10 … Read more

I have only paid the deposit for an upcoming trip. Should I cancel now or pay the £1,600? 

We have a 10 day trip booked at the end of May to Corfu. My wife, young daughter and I booked it through LoveHolidays and the flights are with Ryanair. The trip came to just over £2,000, but luckily I only paid for 20 per cent upfront with American Express. We are due to pay … Read more