MORE low-deposit mortgages are available now than at any time since the 2008 financial crisis. There are 442 home loans with a five per cent deposit to choose from, more than double the number from two years ago. Borrowers able to stretch to a ten per cent deposit have the pick of 845 deals —
A MAJOR lender has launched a new zero deposit mortgage for Right to Buy home loans. Barclays has said people applying for a Right to Buy mortgage with the bank no longer needs to put down a deposit. 1 Barclays has launched a zero deposit mortgageCredit: PA The Right to Buy scheme lets tenants in
The chief executive of the Financial Conduct Authority, Nikhil Rathi, has asked whether the UK should consider using pension savings to help would-be homeowners save for a deposit. Rathi suggested the UK could take a leaf out of the book of countries such as Australia, New Zealand, the United States, Singapore and South Africa –
THE Bank of England has decided to keep interest rates unchanged, delivering a blow to homeowners hoping for help with mortgage bills. At today’s meeting of the Monetary Policy Committee (MPC), the Bank of England‘s rate-setters voted to maintain the base rate at 4.5%. Lenders use the base rate to determine the interest rates offered to customers
MARCH will see some major money changes including a key tweak to benefits, train fare hikes and the Chancellor’s Spring Budget. There are also a number of deadlines coming up, including the end of the current round of the Household Support Fund and the last day to complete on a house purchase if you’re looking
STARLING customers should act now to avoid missing out on free cash as the bank axes a key feature from its accounts. From today, the bank will no longer pay interest to customers whose current accounts are in credit. 1 Starling Bank is due to make a big change that could see customers missing outCredit:
BRITSTOL’S first-time buyers have been named the savviest in the UK, making the most of a savings-boosting account to step onto the property ladder. Customer data from Moneybox reveals that the West Country city leads the way in utilising the Lifetime ISA (LISA) to buy a first home – which encourages 18-39 years olds to
A MAP has revealed the cheapest towns to live in that offer the best value for money on property, bills and travel. Settlements across England and Wales were analysed to find where the money goes the furthest for residents. 2 Barrow-in-Furness in Cumbria topped the list of best value-for-money towns 2 Barrow MP Michelle Scrogham
BRITAIN’s “skinniest home” which measures just three feet wide has a secret hidden inside. At first glance, the incredibly narrow building in Bristol looks like you would have to be two-dimensional to live there. 5 An unusually designed house on New Station Road in Fishponds, Bristol appears to be incredibly thinCredit: BPM 5 It measures
A MAJOR shake up to mortgage rules could help first time buyers get on the property ladder more easily. Banks could be encouraged to offer more loans to people with smaller deposits and loosen limits on how much they can borrow. 1 It is understood that financial regulators are looking at ways to relax mortgage