I bought a flat with my friend from university back in 2017 with the agreement that when one of us wants to sell the property, it must be sold.
My girlfriend moved in with me last year and this summer we decided we would like to buy our own place together.
However, my friend has refused to sell on the grounds that he can’t yet afford to buy a similar property in the same area. I know I have legal
My parents have told me they are considering using equity release to access some of the cash tied up in their home, and I have some concerns.
My first issue is that they are not particularly good with money. Some years ago, they ran into trouble with their previous interest-only mortgage as they didn’t have the funds to repay it when the term ended.
In the end they bought a much cheaper house, selling their previous place and buying outright
The Bank of England has increased its base rate 0.5 percentage points to 1.75 per cent, the biggest interest rate hike in 27 years and its sixth rise since December 2021.
Its Monetary Policy Committee announced the move today, with eight members out of nine voting in favour of the hike.
The five previous base rate increases since December 2021 each raised it by a smaller 0.25 percentage points, taking it from 0.1 per cent to 1.25 per cent, before
The Bank of England has increased its base rate 0.5 percentage points to 1.75 per cent, the biggest interest rate hike in 27 years and its sixth rise since December 2021.
Its Monetary Policy Committee announced the move today, with eight members out of nine voting in favour of the hike.
The five previous base rate increases since December 2021 each raised it by a smaller 0.25 percentage points, taking it from 0.1 per cent to 1.25 per cent, before
Inner London property prices have not kept pace in percentage terms with the rest of Britain since the Brexit vote in June 2016, exclusive analysis by This is Money reveals.
On average, asking prices within Zones 1-3 of the capital have fallen 0.1 per cent between June 2016 and today, according to data from Rightmove.
They have been dragged down by Zone 1 London, which contain areas such as Kensington, Southwark and Westminster. Prices are down 10 per cent –
The Bank of England has upped the base rate for the fifth time since December as it attempts to suppress soaring inflation.
The base rate has risen by 0.25 percentage points from 1 per cent to 1.25 per cent, having been previously upped from 0.1 to 1 per cent during the previous four successive rises.
This is the first time since February 2009 that the base rate has been above 1 per cent, when it was heading downwards following the
The two and a half million tenants renting their homes from UK housing associations will be given the right to buy them outright, under plans confirmed yesterday by the Prime Minister.
Boris Johnson vowed to revive Margaret Thatcher’s housing revolution for low-income families by expanding the Right to Buy scheme, as there are now more people living in housing association-owned properties than council-owned ones.
Right to Buy is a Government scheme that lets council tenants buy their home at a
In today’s hot housing market, property sellers could be forgiven for assuming that finding a buyer for their property will be relatively easy.
The average estate agent branch has 22 available homes for every 590 registered house hunters, according to Propertymark, the membership body for estate agents.
This means there are almost 27 potential buyers for every available property, with the best properties selling before they even get listed on the likes of Rightmove or Zoopla.
Exclusive club: Invisible Homes
Buying a home is the biggest purchase most people make. Most require a mortgage to do it and breathe a sigh of relief once that’s sorted.
But time flies and with Britain’s favourite mortgages being two and five-year fixed rates, many homeowners find their deal is ending and it’s time to remortgage sooner than they think.
At that point it is time to plunge back into a mortgage world that many of us know little about – and with interest
The Bank of England has upped the base rate for the fourth time since December as it attempts to keep a lid on soaring inflation.
The base rate has risen from 0.75 per cent to 1 per cent, having been previously upped from 0.1 to 0.75 per cent in the previous three successive rises.
This is the first time since February 2009 that the base rate has been at 1 per cent, when it headed downwards following the financial crisis
