How to remortgage with a small deposit as lenders pull deals

Homeowners who bought with a small deposit and are now nearing the end of their fixed or tracker rate deal could find themselves forced onto a higher interest rate, pushing monthly payments up significantly.    Most lenders say they will honour the Government promise to offer homeowners struggling financially due to coronavirus a mortgage payment holiday … Read more

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

I moved flat last weekend, during the coronavirus outbreak. Can I get my deposit back in 10 days?

I moved flat last weekend, thankfully just before the Government lockdown, but have still got access to my old flat for the week. I am currently using it as my office during the day before returning to the other flat, which is a one minute walk away, in the evening. With everything happening at the … 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