06 Sep

Property market resilient despite Brexit uncertainty, says Halifax

Average house prices rise for second month in row but recent political upheaval may dent optimismHouse prices edged ahead in August according to Halifax, with the property market showing a “degree of resilience” despite intense political uncertainty.Halifax said average prices rose by...

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06 Sep

Award-winning homes for sale – in pictures

From urban architecture to coastal conversions, these five properties have all won prizes Continue reading… Continue Reading

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03 Sep

Landlords charge 'pet rent' to recoup losses after ban on unfair fees

Practice has emerged since new law designed to save renters in England money Landlords are charging “pet rent” running into hundreds of pounds a year in an attempt to recoup losses from a ban on unfair letting fees enforced by the government...

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02 Sep

HSBC to lend an extra £35bn to homebuyers

Battle between lenders intensifies as bank seeks bigger share of mortgage market•HSBC’s £35bn mortgage push is good for borrowers, but it’s riskyHSBC is to lend an extra £35bn to homeowners, further intensifying the battle among mortgage lenders to offer ultra-competitive deals to...

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02 Sep

HSBC's £35bn mortgage push is good for borrowers, but it's risky

Buyers should grab deals while they can – but the bank could lose out in a precarious UK marketHSBC has been the bank that has prospered most from globalisation. Hong Kong has been its gateway to an emerging China, its UK domicile...

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02 Sep

A friend lent me a mortgage deposit – how much do I owe him now?

He gave me £10,000 towards the £250,000 property in 2006, but it’s now worth £450,000Q In 2006 I bought a house for £250,000 with an interest-only mortgage. I have made occasional overpayments so the outstanding loan is £200,000 (still interest-only). The value...

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01 Sep

House prices could nosedive after no-deal Brexit, says KPMG

Analysis by accountancy firm suggests nationwide decline of about 6% in 2020UK house prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, and the biggest falls would be in London and Northern Ireland, a leading...

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01 Sep

Are 15-year fixed-rate mortgages a price worth paying for security?

They last appeared during the financial crisis and as turbulence again looms, they’re backWith the value of sterling a fraction of what it was three years ago, the threat of post-Brexit food shortages and the prospect of a recession looming, British households...

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30 Aug

Help-to-buy loans benefited more rich than poor households

Whitehall figures show over 5,500 households with annual income of £80,000 got loansMore rich households than poor ones are benefiting from a £25bn public subsidy that the former prime minister Theresa May claimed was “restoring the dream of home ownership for a...

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30 Aug

Brexit jitters grind UK housing market to a halt in August

Average house price dips to £216,096, says Nationwide, as buyer activity stallsBrexit uncertainty is still weighing heavily on the UK housing market, which ground to a halt in August, and it could take a heavier toll in the coming months, analysts say.Nationwide...

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