moneymortgageshome

Soaring house prices have left many first-time buyers struggling to get on the property ladder.  The cost of the average home has jumped by 10.9 per cent to £242,832 in only 12 months, according to Nationwide.  It means that even with generous tax breaks and rock-bottom mortgage rates, the reality of home ownership is slipping … Read more

First-time buyers in England could get a home for up to half price after the Government launched a new affordable housing scheme. The scheme is known as First Homes, and the first properties built under it went on the market in the East Midlands market town of Bolsover today. With house prices having surged by … Read more

Lenders are starting to offer so-called ‘green mortgages’ to reward energy-efficient homeowners with cheap rates Virgin Money and Nationwide have launched green-linked schemes for homes  By Money Mail Reporter For The Daily Mail Published: 11:43 BST, 3 June 2021 | Updated: 11:43 BST, 3 June 2021 Lenders are beginning to offer so-called ‘green mortgages’ to … Read more

Perhaps you have lockdown savings sitting idle. If so, now could be the perfect time to consider overpaying your mortgage.  Even an extra £100 a month could slash your total interest bill by nearly £10,000 — and clear your debt four years early.  Britain’s band of ‘accidental savers’, who were forced to cut back on … Read more

Borrowers who used Help to Buy loans to purchase their homes and are now selling up are finding rising house prices have bumped up their debt and created a nice litle earner for the Government. The number of home buyers using Help to Buy Equity Loans has surged by 40 per cent in a year, … Read more

Nationwide Building Society has become the latest lender to offer mortgages with 5 per cent deposits, and is offering the lowest interest rate yet. It is the largest bank or building society to bring back a 5 per cent product, and the is doing so at the lowest rate available, 3.49 per cent. Nationwide is … Read more

Asking prices for homes up for sale across Britain have once again reached new record highs in the past month, fresh figures from Rightmove suggest.  The average asking price jumped by over £5,700, or 1.8 per cent, to a new ‘all-time high’ of £333,564 in a single month as buyers rushed to snap up homes … Read more

Asking prices for homes up for sale across Britain have once again reached new record highs in the past month, fresh figures from Rightmove suggest.  The average asking price jumped by over £5,700, or 1.8 per cent, to a new ‘all-time high’ of £333,564 in a single month as buyers rushed to snap up homes … Read more

With house prices at record highs, thousands of families are unable to find a new home that suits them at a price they can afford. But a growing number are hitting on an unusual solution: giving up part of their garden to build a home for a family member.  More than a third of homeowners … Read more

First-time buyers are more likely to be rejected for a mortgage than they were before the pandemic, a new study has found. Only one in five prospective first-time buyers were able to get a mortgage on their first attempt, according to Aldermore Bank’s annual survey of people who have got on the housing ladder. This … Read more

We would like to change our front garden into an off-street parking space, partly for our own convenience and partly because we hear it is a good way to add value to an urban property. Do we need planning permission from the council, and will they take responsibility for dropping the kerb? Also, will it … Read more