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Lenders slice rates on 5-year mortgages as popularity of longer term deals soars There are now more five-year deals at lower LTVs than there are two year fixes Five year fixed rates remain low as more borrowers look to lock in for longer The cheapest five-year fix currently stands at just 1.39 per cent  By … Read more

Can you get planning permission after you’ve built something you weren’t supposed to? That’s the question almost 40,000 people have found themselves asking over the past three years, according to new research. Retrospective planning permission, as the label suggests, is planning permission sought after a development has been built.   Approximately 39,200 retrospective planning applications have … Read more

The 2010s were the weakest decade for house price growth since the 1990s, new research has revealed.  House prices rose by 33 per cent during the 2010s, while the 1990s saw the average property grow in value by 21 per cent, according to data from Nationwide.  In the 1980s, house prices rose 180 per cent … Read more

Older homeowners in need of extra cash in retirement could end up tens of thousands of pounds worse off if they turn to the booming equity release market without considering all their options. Analysis by financial data experts Defaqto shows a couple who borrow £50,000 could save up to £38,000 over 20 years by opting … Read more

Property prices in Britain are a much-talked about subject border-lining an obsession for aspiring homebuyers and owners alike. The start of the 2010s saw small growth in the aftermath of the financial crisis, before surging in the middle of the decade to reach a slowdown towards the end, largely shaped by political uncertainty since the … Read more

Leeds Building Society has ditched early repayment charges on two new fixed rate mortgage deals.  It means borrowers can now lock into a fixed rate for up to half a decade without having to pay a penalty if they repay early – a rare opportunity to achieve the certainty of a fixed deal and the flexibility … Read more

House price inflation was up by 1.4 per cent annually last month despite December typically being one of the slowest in the property market, figures from Nationwide Building Society show. The strong end to the 2019 came during a Conservative election win and after stagnant growth. No month had annual inflation above 1 per cent … Read more

Experts pour cold water on housing market ‘Boris bounce’ as forecasts suggest steady 2% growth over 2020 Average house prices are expected to climb steadily by 2% over 2020 The general election result will release pent up demand, experts have claimed  But ongoing political uncertainty makes a dramatic annual rise in values unlikely  However, prices … Read more

Mortgage lending was on everyone’s minds ten years ago after a financial crisis triggered by risky lending left the country in the grips of the worst economic downturn since the Great Depression.  Households up and down Britain were plunged into negative equity as property prices plummeted, leaving hundreds of thousands of ‘mortgage prisoners’ unable to … Read more

Home buyers looking to get onto the housing ladder for the first time can now access a ‘deposit booster’ deal that will boost their savings by £2,000.  First-time buyers had until recently been able to benefit from saving into a Help to Buy Isa, but with that discontinued they must turn to a Lifetime Isa … Read more

A house hunter was left panicking that she would lose out on a home purchase after being denied a mortgage after a credit reference agency mixed her up with her twin. Laura Heaps, 36, who currently lives in Ellesmere Port, near Chester, moved back in with her parents after selling her home in November. She … Read more