Which is the better investment to hold, one that returned 17 per cent last year or one that returned 110 per cent? That’s a no brainer, isn’t it? Of course, you’d take the one that more than doubled your money. It’s not a theoretical question though; it’s one based on the 2020 tale of two … Read more
A new mortgage lender is planning to offer UK borrowers the ability to fix the rate of interest on their mortgage for up to 30 years. Perenna, which raised £7.3million during its latest funding round and plans to launch this summer, wants to bring ‘fixed for life’ mortgages to the UK market. UK borrowers will … Read more
Can Scottish Mortgage keep climbing? We ask Tom Slater about its 105% return in a year, Tesla, and investments for the future on the INVESTING SHOW By This Is Money Published: 16:51 GMT, 19 January 2021 | Updated: 16:51 GMT, 19 January 2021 Hugely popular investment trust Scottish Mortgage shrugged off a year like no … Read more
Getting your finances in order to buy a home can be tough enough at the best of times. But in the midst of a pandemic, there can be an added layer of difficulty. For example, what’s the best way of securing a good mortgage rate from a nervous lender if your income has taken a … Read more
Santander has become the latest lender to impose harsher restrictions on self-employed borrowers, excluding them from its lower-deposit mortgage deals. The bank has said that new self-employed customers will only be offered mortgages to cover a maximum of 60 per cent of a property’s value. That means self-employed first-time buyers and most home movers will … Read more
Touching moment father breaks down in tears after YouTuber son, 24, reveals he has paid off his ‘every penny of his mortgage’ so that he can retire early Jamie Nyland, 24, from Gloucestershire, paid off his father Richard’s mortgage Social media star, who has over 2.3m followers, shared clip of emotional moment Told his father: … Read more
Aspiring homeowners with low deposits had a torrid year in 2020, as deals vanished from the market and rates shot up. However, experts have now said there are reasons for optimism in 2021 as lenders return to the market. According to figures released by comparison site Moneyfacts, there are now around 160 deals available for … Read more
Tamzin Outhwaite reveals she has started to ‘sell things’ to pay her mortgage as acting work dries up amid coronavirus pandemic By Charlotte Dean For Mailonline Published: 12:59 GMT, 23 December 2020 | Updated: 13:06 GMT, 23 December 2020 Tamzin Outhwaite has revealed she is selling her unwanted belongings so she is able to pay … Read more
Metro Bank sells off a third of its mortgage book to NatWest: What’s behind the move and how does it affect customers? The challenger bank has sold a third of its residential mortgages to NatWest Around 13,000 loans will be transferred across in the next 18 months Metro Bank says ‘nothing changes at the moment’ … Read more
End of mortgage drought as banks gear up for price war in New Year By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:28 GMT, 19 December 2020 Banks have kick-started a mortgage price war, ending four months of rate hikes. In a report, the Bank of England revealed … Read more