Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
Major mortgage lenders pull products amidst market turmoil
Virgin Money, Halifax and the Skipton Building Society are amongst those to have pulled mortgage products.
Stamp Duty holiday ‘has been an added bonus rather than the driving factor’ for most home-buyers
Half (48%) of current home-buyers are worried they’ll miss the 31st March Stamp Duty holiday deadline, according to a survey by HNW mortgage broker Enness.
Mortgage lending slumps as interest rates rise
The latest Bank of England data shows a sharp drop in mortgage lending and mortgage approvals in the aftermath of the short-lived mini-Budget.
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