Latest mortgage news - Home Movers
Top ten locations where homes are selling the fastest
The average time it takes to sell a home has reduced to 44 days thanks to high demand and much faster for the top ten locations.
Buyer demand reaches record high driving up property values
Excess demand over supply is the greatest for a decade and 34% higher than last year sending house prices even higher.
New 5pc deposit mortgage scheme backed by the government
The government's new 5% deposit mortgage scheme aims to help any home buyer that is struggling to get on the property ladder.
Stamp duty holiday extension likely as 100,000 buyers will miss deadline
About 100,000 buyers already agreed to complete will miss the stamp duty holiday deadline leading many to expect an extension.
Stronger demand from buyers sends house prices higher
Rapid start to the year as buyer demand increases 13% across all regions and new house prices highs despite the third lockdown.
First time buyer have more choice as mortgage deals double
The number of 10% deposit mortgage deals almost double as lenders offer first time buyers more choice to get on the property ladder.
Wealthy home movers boost value of agreed sales by 26pc for 2020
Strong demand from affluent home movers has boosted the total value of sales agreed by 26% in 2020 compared to the previous year.
Stamp duty holiday extension not being considered by government
The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.
Asking prices for property expected to rise 4pc in 2021
Rightmove has forecast average asking prices rising 4% across the UK in 2021 as people place housing ahead of economic uncertainty.
Fewer homeowners think their property has increased in value for November
For the month of November a survey from Halifax showed 14% of households believe the value of their homes has increased.
Slow demand for housing remains third higher than a year ago
Demand for housing is a third higher than a year ago although it has been slowing since the start of the stamp duty holiday.
Top 20 fastest selling locations when buying UK properties
It helps sellers and buyers if properties can sell fast and here are the results from Zoopla of the top 20 fastest selling UK homes.
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