Essentially Mortgages – Quarter Four 2021

Overview

ROBUST HOUSING MARKET RECOVERY EXPECTED TO CONTINUE

The property and mortgage markets continue to defy the odds with strong activity continuing into the third quarter of 2021.

MORTGAGE OVERPAYMENTS: A SHREWD USE OF LOCKDOWN SAVINGS?

With outgoings on holidays and commuting slashed during the pandemic, some families have been able to save far more than in ‘normal times.’ A good way to use these extra savings could be to overpay on your mortgage.

STAYCATIONS DRIVE SURGE IN HOLIDAY LET MORTGAGES

With the rise of the ‘staycation’, rents for UK holiday accommodation have risen sharply over the past few months. The resulting investor demand has now nudged holiday let mortgages into the mainstream.