Mortgages

What do I need to consider if my son pays off my mortgage?

Tuesday, 17 May 2016 | Question and Answer

The first thing to check is whether the mortgage carries any early repayment charges. It’s unlikely given the fact that you’ve had the mortgage for some time, but it’s worth confirming.

Yorkshire Building Society launches lowest mortgage rate on the market - but is it the cheapest?

Thursday, 12 May 2016 | News

Yorkshire Building Society has launched the lowest fixed-rate mortgage deal on the market, giving borrowers the option to lock in at 1.17% for two years. 

Sainsbury's Bank to relaunch mortgages

Thursday, 05 May 2016 | News

Sainsbury’s Bank will re-enter the mortgage market next year, the supermarket has revealed in its trading update today.

No deposit? No problem. Barclays relaunches 100% loan-to-value mortgages

Wednesday, 04 May 2016 | News

Barclays has today become the first high street lender to offer a 100% loan-to-value (LTV) mortgage since the financial crash, allowing first-time buyers to borrow the full value of a property.

Bank of Mum and Dad' is now a £5bn mortgage lender

Tuesday, 03 May 2016 | News

In 2016, parents in the UK will lend their children £5 billion to buy their first home or move up the property ladder, a new study has revealed.

Will my mum be taxed on the cash she lent me to buy my first home?

Tuesday, 03 May 2016 | Question and Answer

If the HMRC views the money your mother put in as a loan, then she may withdraw it tax-free and account for the interest as an income in her self- assessment tax return.

Hundreds of thousands of homeowners trapped in negative equity

Monday, 25 April 2016 | News

Hundreds of thousands of homeowners across England and Wales who bought properties at peak prices in 2007 – just before the recession – are now in negative equity, according to new research.

Should you fix till 2026 with new best-buy mortgages?

Wednesday, 17 February 2016 | News

Borrowers can secure their monthly mortgage repayments until 2026 for less, thanks to two new ultra-long fixed rate mortgage deals from TSB and First Direct.

The Big Short film review

Tuesday, 16 February 2016 | Blog | By Helen Knapman

Banks have long been trying to improve their image, but after watching the The Big Short – the latest blockbuster to document the 2007/2008 financial crash – any trust I had in them seems to have dissipated.  

Mortgage lending at its highest level since 2008

Thursday, 21 January 2016 | News

Gross mortgage lending rose by 8% in 2015, with an estimated total for the year of £220.3 billion.