In their new quarterly update of the Health Wealth & Happiness Study, LifeSearch found that on average, those who have overpaid on their mortgages have done so at an average rate of £319 per month.
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Unlike at the start of 2020 when the world was facing an uncertain and unstable future, there are reasons for optimism as we progress through…
Highlights of the range include a 2-year fixed rate at 2.35% (was 2.39%) at 85% LTV, available for house purchase, which comes with a £495 fee, £500 cashback and free standard valuation.
Despite initial discussions, Iress, who has confirmed it has received a “confidential, unsolicited, non-binding and indicative proposal”, is looking for a higher price than what it has received.
The product offers a discounted interest rate to customers remortgaging a property with an Energy Efficiency Rating of A or B.
Looking at values and product type, MoneySuperMarket finds the average amount searched for is £213,000, while 2-year fixed (40%) and 5-year fixed (28%) are the most popular mortgage types for Brits.
As part of the agreement, Legal & General Mortgage Club members will have exclusive access to two mortgage products from Dudley Building Society.
Like all regulations, the laws governing onboarding new customers is packed full of acronyms, and terms which mean little outside of the context of anti-money laundering (AML) legislation.
This stamp duty holiday has revitalised the property market, with investors and developers rushing to get deals over the line and as a result, house prices have risen rapidly.
The arrangement helps existing Santander mortgage customers, many of whom would like help to repay the outstanding capital on their interest only mortgages without selling their homes.
The figure covers the period just before the lower stamp duty rates began to taper off from July.
The Bank's interim results revealed a 6.6% growth in total lending to £35.5bn.
So far Lloyds has lent around £9bn to first-time buyers leaving the Bank on track to meet its £10bn first-time buyer commitment.
The specialist lending market continues to support those borrowers who are disenfranchised by the mainstream lending community by offering alternative options.
If you are self-employed currently, you could be forgiven in thinking that everyone is conspiring against you.
Outside of the moral obligations for preventing money laundering, brokers need to ensure they are doing their due diligence to avoid getting blacklisted by lenders.
Over a third (36%) said they would prioritise home or garden improvements, followed by topping up day-to-day living (32%) and nearly a quarter (24%) said they would pay for a holiday of a lifetime.
In total over-55 homeowners unlocked £1.17bn of property wealth during Q2 2021.
Funding an investment purchase was the most popular use of bridging finance whilst the number of first charge bridging loans increased as buyers rushed to complete purchases.
In a busy first half of the year the Co-operative saw total gross residential lending of £3.1bn drive net lending of £1.8bn.
Purchasing a holiday let in a prime holiday location, whether established or up and coming, is a strong option for maximising returns and is creating increased demand for specialist holiday let mortgages.
The sad reality of the last year is that an awful lot of people have had to take on a host of different forms of credit to get by.
House prices in the UK have reached new record highs, as the “race for space” and buyer demand, caused by the pandemic, outstrips the number of available properties on the market.