The latest index from Halifax has shown annual house prices in the UK are rising. The prices surged to 5.2 per cent in August up from 3.8 per cent in July. Which is taking the UK-wide average to a record high of £245,74. UK house prices in August were 1.6 per cent higher than in…
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The property market has reopened now across the UK. Estate agents are conducting in-person house viewings again and buyers are able to move home once more. All UK governments have also temporarily cut stamp duty. This means buyers could potentially save up to £15,000 in tax if they move home before April 2021. The government…
HSBC has cut the rates on its two and five year fixed rate mortgage deals at 60% loan-to-value (LTV). HSBC is one of the biggest mortgage lenders in the UK. Reducing rates will be welcome news to mortgage borrowers.The bank has cut rates on six products. These products include a mix of fixed and term…
The FCA has extended mortgage payment holidays further for three more months. The customers struggling to pay their mortgage due to coronavirus will be able to extend their payment holidays for three more months or start making reduced payments, the financial regulator has confirmed today. The firms will give support to mortgage customers who are…