Mortgages Tips
Property buyers face wait to purchase as surveyors battle backlog
Homebuyers face a frustrating wait to complete their purchases, despite the Government ban on surveyors visiting properties being lifted. The housing market was ...
Mortgages Tips
Homeowners taking coronavirus mortgage payment break could face £2,000 penalty
Homeowners who rushed to take a mortgage payment holiday have been warned they could pay thousands of pounds more for their loan. As ...
Mortgages Tips
Threatening bank debt letters damaging mental health, charity warns
Threatening debt-chasing letters sent by banks to struggling customers risk damaging the mental health of the vulnerable, a charity has warned. The Money and ...
Mortgages Tips
What will negative interest rates mean for my mortgage, savings and investments – will my bank start charging?
The Bank of England has paved the way for negative interest rates in the face of a looming unemployment crisis, which means the prospect ...
Mortgages Tips
HSBC pulls 'first-time buyer' mortgages after overwhelming demand
HSBC has withdrawn its range of 90pc mortgages after being inundated with applications from first-time buyers desperate to get on to the property ladder. ...
Mortgages Tips
House buyers face race to complete as mortgage offers expire
House hunters are racing to complete property purchases in the fear that their mortgage offers will expire and they will be unable to get a ...
Mortgages Tips
More pain for savers as rates fall to record lows
Savers have a fight on their hands to make any return on their money as average interest rates fall to their lowest levels on ...
Mortgages Tips
Can’t get a mortgage holiday but still need help? Brace yourself for a ‘lender lottery’
Homeowners who have been hardest hit by the coronavirus crisis now must broker a deal with their banks as hundreds of thousands of ...
Mortgages Tips
City watchdog signals end of mortgage payment holidays
Homeowners should not be offered further payments breaks if they are still struggling to pay their mortgage, the City watchdog has said. Since ...
Mortgages Tips
Banks warn mortgage prisoner reforms will still leave thousands trapped paying sky-high rates
Major mortgage lenders have poured cold water on proposals to help mortgage prisoners, arguing that many homeowners will remain trapped on poor-value deals ...