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…
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TSB has temporarily removed the most of its two-year fixed purchase for new business. The lender has withdrawn its 60% to 90% LTV two-year fixed purchase for first-time buyers and house purchase. As well as, for remortgage products from 60% LTV to 85% LTV. The only two-year fixed mortgage for new customers that remains is…
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…
The intermediary Mortgage Lender of The Co-operative Bank, Platform, has launched a new £1,000 cashback deal on selected mortgage deals. The introduction of the new deal comes as part of a product revamp, which has seen the bank re-introduce mortgage deals at 80 and 90% LTV in recent weeks. These higher loan-to-value mortgages will qualify…