The number of homes bought using a Lifetime Isa in 2019 boomed 215 per cent, according to figures from the first building society to offer the Government-backed savings scheme. While the average first-time buyer bought a home worth £197,384 in December 2019 according to the most recent figures, those who took advantage of the 25 per … Read more
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
Climate change concerns have resulted in more people paying attention to their own carbon footprint. While it’s the eco-warriors who grab the headlines and divide opinion, most see the benefits of taking steps to reduce their energy consumption. Not all of these benefits have to be virtuous – for one, it’s obviously cheaper to use less … Read more
‘You could be entitled to compensation up to £250,000’, ‘thousands owed for hidden loan charges and mortgages’ and ‘don’t delay – start your free application today’. Barely were my feet back under the desk in 2020 before I was bombarded with emails telling me I could be entitled to compensation for a mis-sold mortgage. In … Read more
Bristol is the most popular spot for buyers purchasing their first home with the help of a Lifetime Isa in 2019, This is Money can reveal. A total of 380 homes were bought in the west of England city, according to Skipton Building Society, the first provider to offer the Government-backed savings scheme. The next … Read more
My husband and I have decided to divorce. It’s all very amicable but as part of our joint estate we own a house in Spain which we are now looking to sell. The house is valued at €300,000. We’re unclear as to what the tax implications are for us once the money from the sale … Read more
Property market bouncing back as mortgage approvals hit highest levels in four years – but experts warn loan rates could start creeping up Mortgage approvals up 4.4 per cent in January to highest level in four years Remortgage approvals also rose by 3.9 per cent in the first month of the year But experts warn lenders … Read more
More choice for older borrowers looking for retirement interest-only mortgages By Money Mail Reporter For The Daily Mail Published: 22:00 GMT, 25 February 2020 | Updated: 09:09 GMT, 26 February 2020 Older borrowers now have more retirement interest-only (Rio) mortgages to choose from. There are 18 providers offering 74 deals — up from just 36 … Read more
Rising numbers of Britons will still be renting in retirement — but for some, this isn’t necessarily a bad thing. Statistics released this month show that over a decade, the number of those renting ahead of retirement has gone from one in 20 to nearly one in ten. Yet we have spoken to older tenants … Read more
House prices rise at the fastest pace for 18 months, but agents fear a UK coronavirus outbreak could stall the recovery House price inflation rises to 2.3% as average price reaches £216,092 Property market picked up before the election and bounced in New Year But agents warn coronavirus could keep house hunters at home Estate … Read more