Essentially Mortgages – Quarter One 2021

The property market rebound took even the experts by surprise in the second half of 2020, with Savills’ autumn residential property market outlook stating that activity had been ‘stronger than anticipated’.

With many people now working from home full-time due to the national lockdown, the Association of British Insurers has reassured office-based homeowners that remote working will have no impact on their home insurance policy and that there is no need to update documents or contact their insurer.

With the climate crisis and environmental issues gaining in importance every day, why not seize the opportunity to go green this year?

Although the government confirmed in December that there would be no extension to the Stamp Duty holiday scheme, pressure is mounting for an extension to be granted in light of the most recent national lockdown announced in January.

Buying a new home isn’t just about the property itself; the surrounding area, amenities and green space are all vital in selecting a home in which your family can thrive.

While low interest rates have been good news for homebuyers and remortgagers, Bank of England’s (BoE) current base rate has put a serious dampener on our savings power.

We all know that house prices vary wildly by region, and one study has shown just how much, by assessing the amount of space the average house price – £231k – will buy you in different areas of the UK.