January has arrived and for many, this time of year can provide an opportunity to review one’s finances. For some this will be part of regular life admin, while for others, it’s essential in order to pay off debt. According to new research by personal finance platform Nerd Wallet, shared exclusively with Express.co.uk, almost half...
UK mortgage approvals have risen to the highest level in 13 years, driven by the government’s stamp duty holiday and buyers reassessing their living situation during the coronavirus pandemic. Figures from the Bank of England showed the number of mortgages approved by banks and building societies for home purchases had leapt to 105,000 in November – the highest figure...
The Bank of England is exploring options to make it easier to get a mortgage, on the back of concerns that many first-time buyers have been locked out of the property market during the coronavirus pandemic. Threadneedle Street said it was undertaking a review of its mortgage market recommendations – affordability criteria that set a cap on...