First-time buyers enjoy lowest ever rates: Moneyfacts

The average rates at 95% LTV are the lowest on record, says Moneyfacts. For a two-year fix, first-time buyers with a 5% deposit will be able to secure a rate of 3.09% on average and, for a five-year fix, 3.39%. In December 2019, these rates stood at 3.25% and 3.57%, respectively. Product choice for this […]

Inner London rents rise for first time since pandemic: Hamptons

Rents in Inner London lifted 3.9% in November compared to a year ago, sparked by the resumption of office life and global travel, according to Hamptons. The estate agent says central London rents rose to an average of £2,329 per calendar month. However, the emergence of the omicron Covid-19 variant may halt this progress over […]