Interest rates have been held at 0.1% by the Bank of England in May, just over a year since they were temporarily cut in response to the coronavirus pandemic.
House prices continue to storm upwards rising monthly by 2.1% and annually by 7.1% to an average of £238,831 for April, according to the latest Nationwide house price index. The growth has largely been fuelled by the extended stamp duty holiday and the UK’s continued recovery from the coronavirus pandemic.
The details of the first deals launched using the government’s new 95% LTV mortgage guarantee scheme have been unveiled - this is what’s now on offer as well as your other options
New monthly Home Buyers Report from the mortgage experts at money.co.uk reveals the three biggest reasons people can’t buy a home.
The places in the UK it’s easiest - and hardest - to afford a home on the a local salary have been named, with some unlucky people needing to find more than 27 times their annual income to afford a home near where they live.
Finding the best possible mortgage rate can be tough, so use our guide to compare the top fixed-rate and tracker deals available with LTVs starting from 95%
House prices rose again in March, by 1.1% monthly and 6.5% annually according to Halifax, thanks to the extension of the stamp duty holiday and the continued recovery of the economy as the coronavirus pandemic pushed up demand for new homes.