House prices fall at fastest rate since 2009 while rents climb due to ‘yawning gap’ in supply and demand

House prices fall at fastest rate since 2009 while rents climb due to ‘yawning gap’ in supply and demand

House prices fall at fastest rate since 2009 while rents climb due to ‘yawning gap’ in supply and demand By Adele Cooke Money Mail Reporter Updated: 11:45 BST, 14 September 2023 House prices fell at their fastest rate since 2009 last month as the ‘downward spiral’ continues, a new survey of estate agents and surveyors … Read more

Why more mortgage borrowers are sticking with the same lender

Why more mortgage borrowers are sticking with the same lender

Homeowners are increasingly choosing to stick with their current lender rather than remortgage to a new one when their deal ends. Roughly half of borrowers remain with their current lender when their deal ends, according to data released exclusively to This is Money by broker L&C Mortgages.  This is a big increase compared to the … Read more

My son and his partner bought a new build with Help to Buy – do they now lack the income to remortgage?

My son and his partner bought a new build with Help to Buy – do they now lack the income to remortgage?

My son and his partner brought a new build property in July 2019 for £280,000 with a mortgage through Nationwide Building Society.  This was funded through a deposit of £48,000, a mortgage of £176,000, and a government 20 per cent interest-free Help to Buy loan of £56,000. During the pandemic, both my son and his … Read more

Help! I want to get on the property ladder and have viewed 40 homes but can’t make my mind up

Help! I want to get on the property ladder and have viewed 40 homes but can’t make my mind up

Having been saving up for a while, I decided this year to start looking to buy my first home.  Up until this point, I have been renting with friends for a number of years and have moved from property to property. But now I find myself trying to find somewhere to buy, I can’t make … Read more

Bin the plastic grass! A quarter of Britons now want fake lawns banned

Bin the plastic grass! A quarter of Britons now want fake lawns banned

Almost a quarter of Britons would be happy to support a full ban on the sale of fake plastic lawns. Having a fake lawn fitted can seem appealing to weary homeowners – it means no pushing the lawnmower around and a consistent appearance. But Britons have been turning their back on fake grass in recent years, … Read more

How credit record ‘blips’ can stop you getting a mortgage – and what to do

How credit record ‘blips’ can stop you getting a mortgage – and what to do

How credit record ‘blips’ can stop you getting a mortgage – and what to do Credit ‘blips’ result from missed payments or using unarranged overdrafts  They can remain on your file for up to six years, even if paid off  However, there are ways to get around the issue, and still get a mortgage By … Read more

Mortgage calculator: Compare fixed rates and interest-only costs

Mortgage calculator: Compare fixed rates and interest-only costs

Borrowers whose current fixed rate deal is coming to an end face much higher costs  and should explore their options as soon as possible. Those who have agreed to buy a home should also check how much they can borrow and monthly payments and consider locking in a deal.  This is Money’s best mortgage rates … Read more