Leeds Building Society has launched two new fixed-rate holiday let products as the post-lockdown holiday market creates more opportunities for investors. The lender experienced its biggest-ever month for holiday let purchase applications in September 2020. Leeds BS aniticipates that due to ongoing pandemic uncertainty, Britons will holiday in the UK this year. Thus, keeping the…
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What is remortgaging? Remortgaging is basically the process of changing your existing mortgage supplier and switching to another mortgage product from a different provider. Almost a third of all home loans made in the UK are actually remortgages. There are many advantages to remortgaging your property. When is the good to remortgaging? The purpose of…
House prices in January fell by 0.3% to £229,748 compared to December, according to the latest Halifax HPI. This is the biggest drop since April 2020, said Halifax House Price Index. The average UK house price was £251,968 in January. The annual growth rate also eased for the first time since June, to 6.4% from…
Halifax said UK house price in 2020 ended on average 6% higher than in 2019. The pent-up demand after the first national lockdown and the government’s stamp duty holiday triggered a homebuying boom. The average price of a house in the UK reached a record high of £253,374 in December. December figure is little changed…