Peter Gettins News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As other costs spiral you can take action by asking for a payment holiday or to extend the loan term

Yet it may help some first-time buyers get a foot on the property ladder because they are more likely to be allowed to borrow large sums.

Yet it may help some first-time buyers get a foot on the property ladder because they are more likely to be allowed to borrow large sums.

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 ...

2 The stamp duty holiday was unveiled as part of the coronavirus "mini-Budget" in July 2020. The move came as property prices fell for the first time in eight years and the housing market stalled as a result of the first lockdown. But how does the stamp duty holiday work, when does it end and will it be extended? Here's everything we know so far. When does the stamp duty holiday end? The stamp duty holiday is due to come to an end on June 30 2021, as announced by Rishi Sunak in the Budget. It'll then return to its normal limit at £125,000 from October.