Millions of mortgage holders have either been hit with a huge rise in repayments this year, or will shortly see costs soar. Yet some five-year fixed rate deals for new borrowers are at an all-time low. So is it time to consider a new home loan?
Rents soared to a new high last month, with "fierce competition" from frustrated would-be home buyers continuing as the market enters its summer peak, a study said today.
Home buyers are still likely to make decent returns on their investment in the longer term despite the weakness of the current market, a study has found.