The FCA has set out new proposals to enhance support for mortgage borrowers affected by Covid-19. The regulator sets out new proposals due to increasing restrictions announced in recent weeks. The FCA is planning to extend the availability of payment deferrals to support borrowers experiencing payment difficulties. This will mean that those who: have not…
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The latest Nationwide index shows that annual house price growth has surged by 5.8% in October. Its the highest level since January 2015. The monthly rise in October was 0.8% after taking account of seasonal effects, following a 0.9% rise in September. This takes the average house price to £227,826. Looking for best estate agent…
Newcastle Intermediaries has extended its joint mortgage sole proprietor(JMSP) product. They have refreshed its Joint Mortgage Sole Proprietor range to include a five year fixed rate product. The product allows family members to help relative to own their home by allowing them to jointly apply for a mortgage to boost the occupying borrower’s income. Newcastle…
The latest data from Knight Frank shows that house prices in Yorkshire and The Humber have risen by more than any other region since the market re-opened. The figures further suggest that some buyers are ready to go afield for better value as they strike a new work/life balance. Hence, the south of England is…