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Mortgage rates hit record lows of less than 1% in 2021, but they are now on the rise. We take a look at whether they will continue to spike and what else the year will bring.
A combination of lower mortgage rates, lockdown savings and a calmer market is attracting first-time buyers back to the property market in increasing numbers.
Those with energy efficient new-build homes could soon borrow up to £12,000 more on their mortgage with one lender, as a barrage of 'green' mortgages hits the market.
Would you buy a home that used to be an office? More people are being encouraged to do just that, as the City of London announced plans to build 1,500 new homes in former office blocks left vacant due to the pandemic this week. But the trend of converting commercial buildings into homes has been around for a few years. Since 2015, property developers have been allowed to convert offices into apartments without getting full planning permission, under a system called permitted development rights - and that policy now applies to shops and warehouses, too. The City of London wants to see 1,500 ...
UK breaks set to soar again this summer as families shun foreign travel Buying a holiday home to rent out could prove to be a canny investment There are plenty of things to consider before you do, from getting a mortgage, to working out what tax you have to pay and setting your rents We explain how to maximise income from a holiday let - and the potential pitfalls