The product enables buyers to delay their first mortgage repayment by up to three months.
The product enables buyers to delay their first mortgage repayment by up to three months.
In the latest of his 'Mythbusting' series with Financial Reporter, Harpal Singh, CEO at conveybuddy, explores just how much the purchase market has changed and how important it has...
Friday 28th August is expected to be four times busier than an average moving day.
83% of home movers cited uncertainty as a key source of stress.
In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East.
The overall fall in applications in Q2 was mainly driven by remortgage applications, which were down 38%.
The average value of home movers’ deposits fell -24.8% year-on-year, despite the average purchase price rising 1%.
Stamp duty was cited by 28% of affected owner-occupiers as a barrier to moving.
40% say they would prefer to invest in home improvements to reduce overheating from the outset, rather than rely on cooling devices.
Nationwide’s lowest rate now 4.50% for new and existing customers looking to move home.
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