Buyers looking to snap up a home while keeping their finances in check should head to County Durham in the North East of England, fresh findings have revealed. Three of the five most affordable towns to buy a home in the country are in County Durham, with property prices in top-ranked Shildon coming in at … Read more
Lockdown mini-boom sees the property market have its busiest month EVER, says Rightmove, with £37bn worth of home sales agreed Rightmove has had its highest monthly sales since it started keeping records It took in £12billion more this July than it did last year despite the pandemic The average asking price for a home was … Read more
As foreign travel is curbed and staycations become more popular many investors are eyeing holiday lets as a potentially lucrative safe haven for their cash. Fears of snap travel bans and quarantine rules have led to a boom in UK tourism as holidaymakers flock to Britain’s rural hotspots and beachfronts. This has led to a … Read more
Since the government lifted the ban on moving home, estate agents have reported a surge in buyer enquiries, house prices have remained strong, and mortgage applications have rebounded. Halifax recently reported the average UK price had hit its highest level on record in July as months of pent-up buyer demand was released and the stamp … Read more
The property market mini-boom could go bust as unemployment soars after furlough, estate agents warn Stamp duty holiday is already contributing to lift demand for homes, Rics says But property professionals have warned the recovery may be short lived By Camilla Canocchi for Thisismoney.co.uk Published: 08:13 BST, 13 August 2020 | Updated: 08:13 BST, 13 August … Read more
Even as lockdown continues and Britain adapts to the coronavirus outbreak, the property market has shown tentative signs of bouncing back. Mortgage approvals have risen, some indices show house prices are up, and the homeloan freeze for those with smaller deposits has thawed somewhat. Those elements and the evidence emerging that axing stamp duty on … Read more
A staggering eight in 10 borrowers over 55 who expect to be able to renew their mortgage are being turned down by mortgage lenders, This is Money can reveal. A study carried out by broker Retirement Mortgage Service over the past year found that more than 30,000 retired borrowers got in touch with their advisers, with … Read more
Need to check out a house price? Land Registry can’t help as it stopped keeping tabs on sales during lockdown The Land Registry said data is ‘not as representative as it usually would be’ That’s because far fewer property sales were completed during the past months By Sarah Bridge for The Mail on Sunday Published: … Read more
Average house price surges to all-time high as Halifax confirms post-lockdown property rally – but how long can the mini-boom last? House prices recovered following lockdown to hit the highest levels on record Price of the average UK home now £241,604, 3.8 per cent higher than last year Experts warn recovery may be short lived … Read more
Bereaved families and struggling homeowners being denied mortgage holidays By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 4 August 2020 | Updated: 22:01 BST, 4 August 2020 Struggling homeowners are being refused more time off mortgage payments, despite the banks being under orders to support customers through the pandemic. Banking trade body … Read more