mortgages

Bank of Mum & Dad helps a third of ‘Second Steppers’

Monday, 26 June 2017 | News

Almost a third of homeowners looking to move up the property ladder rely on financial support from family and friends, saying they need an extra £21,231 on average, to make their next move, according to new research by...

Ask the Experts: How can my grandmother release some cash from her property?

Friday, 23 June 2017 | Question and Answer

There are many people who wish to unlock the value in their home. One way to do this is via an equity release scheme.

A dozen tips on downsizing

Friday, 23 June 2017 | Article

Moving to a smaller property is certainly an option as you head towards retirement, making daily life easier and freeing up some cash.

Should you help your kids on to the property ladder?

Tuesday, 20 June 2017 | Article

First-time buyers are turning to the Bank of Mum and Dad for help on to the ladder. But what should parents bear in mind before digging deep? We speak to families who have been through this.

House prices up by £3,500 month-on-month

Wednesday, 14 June 2017 | News

House prices are rising at a faster rate, with the UK House Price Index (UK HPI) for April up by 5.6% annually, bringing the average price of a property to £220,094.

Homeowners face £3,242 penalty for failing to remortgage

Friday, 02 June 2017 | News

Consumers with a mortgage at one of the UK’s big six lenders could be losing more than £3,000 a year by staying on their provider’s standard variable rate (SVR).

Millions struggle to repay mortgage yet over half have never remortgaged

Wednesday, 17 May 2017 | News

More than half of homeowners have never remortgaged to another deal, even though in most cases this could cut their monthly repayments.

Deal of the week: get £1,000 cashback on Halifax mortgages

Friday, 12 May 2017 | News

Halifax has launched a £1,000 cashback offer to those taking out a qualifying mortgage. Buying a home is an expensive business, so cashback deals can assist with the cost of moving.

Bank of Mum and Dad to fund a quarter of properties in 2017

Tuesday, 02 May 2017 | News

Parents will lend more than £6.5 billion in 2017 to help their kids get onto the property ladder, putting it on a par with the UK’s ninth largest mortgage lender (Yorkshire Building Society), according to new research by...

Mortgage lenders call for reduced affordability tests

Wednesday, 26 April 2017 | News

The trade body representing UK mortgage lenders has called on the Bank of England to reassess whether its affordability testing rules are making it too difficult for people to take out a mortgage.