UK Finance has released its interest-only mortgages data for 2024 revealing a significant drop in in interest-only mortgage stock of 17% over the year. This analysis covers pure and partial interest-only homeowner mortgages as well as maturity and loan-to-value (LTV) profiles. The same review criteria also revealed a reduction by 78% in number and 61% […]
Insights Show A Significant Decline In Interest Only Mortgages Read More »
Agreed sales in May have reached the highest level in 4 years. With more homes for sale and modest price rises, buyers can benefit from relaxed affordability testing while sellers need to be supported with pricing advice. The number of sales agreed in the UK is at the highest level for 4 years in May
More Sales as More Homes Come to Market Read More »
In partnership with Persimmon Homes, Gen H Mortgages have launched New Build Boost mortgage scheme in an effort to make homeownership more accessible. The scheme is modelled on the previous Help to Buy scheme, with a 5% deposit and 15% added interest free for five years, how does it compare and what are the benefits?
Thinking of Buying a New Build? Here is Build Boost to Help Read More »
Looking for up-and-coming towns to move to? These are affordable towns with the most traction right now. Sutton-in-Ashfield in the East Midlands takes the top spot by region, while Barking and Dagenham is for London, Bootle takes in the North West and Plymouth in the South West Glenrothes in Scotland the most popular town for families seeking affordability
Top Ten Most Affordable Towns in the UK Read More »
70% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed. Housing Hand, a UK rental services provider, quizzed 1,700 private tenants, the majority of whom are still in the dark about the legislative changes, despite media coverage and campaigning by tenant groups.
70% of Tenants Have Never Heard of The Renters Rights Bill Read More »
House price growth has dipped in April 2025, it’s still up year over year, however e will take a closer look at the number below: Annual rate of house price growth slowed to 3.4% in April, from 3.9% in March House prices down 0.6% month-on-month Headlines Apr-25 Mar-25 Monthly Index* 539.3 542.4 Monthly Change* -0.6%
House Growth Slows In Value In April Read More »
A renters bid for a rental flat in south-east London was initially rejected because she had a dog. When she offered to pay an additional £50 a month in rent, taking the cost of the two-bedroom flat to £1,450 a month, the landlord agreed. The practice of paying an extra fee each month in order
Renters Owning Pets Still Pay Surcharges: Upcoming Reform Could Change This Read More »
Mortgage rates look set to fall as US president Donald Trump’s tariffs continue to send shockwaves through global supply chains. Financial markets are now pricing in greater chances of economic recession with interest rate cuts now forecast to be introduced faster than before. The US tariffs are an effort from Trump to encourage local manufacture
US Tariffs Set to Bring Down UK Mortgage Rates Read More »
4/5 existing homeowners (83%) will pay stamp duty from April 2025, up from 49% as the 2% band returns between £125k and £250k, adding up to £2,500 per purchase. Four in five existing homeowners (83%) will pay stamp duty from April, up from 49% today as the 2% band returns between £125k and £250k, adding
Over 80% of Homeowners Now To Pay Increased Stamp Duty Read More »
Have you ever wondered where the best places to live might be? Here’s the list as published by the Sunday Times: If you live in Saffron Walden you will be pleased to learn that the Essex town has been named the best place to live in the annual Sunday Times Best Places to Live guide.
The Best Places to Live in 2025 Read More »
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