Sky-high prices in the capital, and a quest for bargains in regional cities, has seen Bristol, York and Cambridge become the top three most searched-for locations outside of London this year, according to exclusive research from Rightmove. With average asking…
Well, there are really only three main types of mortgages to consider when buying a property; Fixed Rate, Tracker or Interest Only Fixed Rate Mortgage With a fixed rate mortgage, the interest rate will remain the same during the fixed…
Halifax has loosened its lending into retirement criteria by relaxing the way it treats income. Prior to last Monday, Halifax used earned income for affordability up to the state pension age, then relies on pensions or other retirement income beyond…
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England, Wales and Northern Ireland. SDLT no longer applies in Scotland. Instead you pay Land & Buildings Transaction Tax when you buy…
Newcastle Intermediaries is introducing a residential three-year fixed product at 1.99 per cent, up to 80 per cent LTV. What is Newcastle Building Society’s Standard Variable Rate? After the 36-month introductory period, the rate reverts to the lender's standard variable…
The Bank of England has voted to keep interest rates at 0.5 per cent amid uncertainty around the UK’s economy in the lead up to June’s European Union referendum. It is the third consecutive time the Monetary Policy Committee has…
Help to Buy ISA A tax-friendly savings plan, works like a standard tax-free cash Isa but the Government adds a 25 per cent bonus on top. It can be taken out from age 16 and there is no upper age…
Rent rises have diminished due to landlords rushing to complete their purchases before increased stamp duty rates took effect this month. The average UK rent rose 3.4 per cent year-on-year to £931 in March, compared with 4.5 per cent in…
Buying a home is now cheaper than renting in nearly half (48 per cent) of UK cities, despite rising house prices, according to property website Zoopla. The North-South house price divide means buying a home in cities such as Glasgow…
According to the latest Nationwide house price index, the average UK house price rose 0.8 per cent in March to £200,251. The pickup in housing market activity is likely to have been driven in part by the upcoming changes to…
