Mortgage experts believe there has never been a better time for borrowers to lock into rock bottom home loan rates.
In recent weeks, a flurry of new fixed-rate loan deals have been launched at less than 1 per cent from the likes of TSB and Platform Home Loans. This has prompted one expert, Peter Gettins of L&C Mortgages, to describe the market as incredibly competitive .
He adds: There are some fantastic rates out there and I don t think any homeowner would be kicking themselves in six months time by taking advantage of them now.
Savings: A flurry of new fixed-rate loan deals have been launched at less than 1 per cent
Sir Martin Sorrell says advertising market is best in 45 years: Boost for economy as guru hails ridiculous sales surge for media giants including ITV
Sir Martin is nicknamed the Sage of Soho because his economic forecasts are widely followed across the world
The marketing guru predicted the ridiculous growth in advertising spending by companies – seen as a key bellwether for the wider economy – may well continue
Industry experts said spending on adverts promoting cars, films and alcohol is soaring as firms prepare for a frenzy of activity as lockdown measures are eased
The Bank of England is getting worried about the surge in house prices, and about time too. Prices in April were up 10.9 per cent on last year in the sharpest increase since the financial crisis of 2008.
And last week, both Sir Jon Cunliffe and Sir Dave Ramsden – deputy governors for financial stability, and markets and banking respectively – issued warnings.
Sir Jon thought the increases were mostly driven by the stamp duty tax holiday, but warned of housing choices that may affect the future . Sir Dave warned of the risk that demand gets ahead of supply and pushes up inflation.
Surge: At the end of last year, house prices were more than eight times average earnings - that is the highest it has been for 120 years.
Shake-up: Royal Mail is poised to give customers a range of delivery options
Royal Mail is planning to offer timed delivery slots for the first time next year as it attempts to win customers from rivals such as Amazon, The Mail on Sunday can reveal.
The 500-year-old postal firm is planning a three-tier system allowing customers to pay more to send and receive letters and parcels on specific days and times.
In a video message to its 140,000 staff, seen by The Mail on Sunday, chief commercial officer Nick Landon said the company is stripping back its current range of services and is in the early stages of developing new options for customers.
World s most expensive parking space sells for almost £1 million dailystar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailystar.co.uk Daily Mail and Mail on Sunday newspapers.