Mortgage dual pricing is back
Dual pricing, where lenders offer lower rates and better mortgage deals through their branches than are available through the intermediary market, has...
20 per cent of over-55s still have a mortgage
One in five of the UK’s over-55s have an outstanding mortgage, according to the latest Real Retirement Report from Aviva.
Buying is cheaper than renting in most towns
The cost of servicing a mortgage is cheaper than renting in 42 of the top 50 (84%) towns and cities in Britain, according to property website Zoopla.co.uk.
Two in five could use NewBuy
Research from Rightmove shows that just under two in every five first-time buyers (38 per cent) state that the introduction of the government-backed NewBuy...
Right to Buy discounts increased
The housing minister Grant Shapps has announced details of the reinvigorated Right to Buy scheme, which he says will give up to two million social tenants...
NewBuy Guarantee Scheme launched with three...
The government-backed NewBuy Guarantee launches today with three lenders and seven housebuilders participating in the scheme.
The problem with freeing up land
Releasing public land for house building is part of the government’s new housing strategy but the planning process for development of the land needs...
Nationwide offers £1,000 cashback towards...
First-time buyers who reserve a mortgage with Nationwide Building Society will be given £1,000 to put towards paying the stamp duty on their property.
Three year anniversary of low base rate
Today marks the third anniversary since the Bank of England base rate dropped and remained at a record low of 0.5 per cent.
Kent Reliance offers new self-employed mortgage
Kent Reliance has launched a mortgage for the self employed, which only requires the borrower to submit 12 months’ business accounts instead of the usual...