Tuesday, June 2, 2020
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UK house prices fall at fastest rate since 2009 amid coronavirus crisis
Biggest monthly drop since financial crash as potential buyers delay for six months
House prices across the UK fell at the fastest rate since the financial crisis last month, as would-be buyers said they would wait six months before returning to the housing market.
The average price of a home dropped 1.7% in May from the previous month to £218,902, according to Nationwide Building Society, one of the UK’s largest mortgage lenders. This comes after April’s 0.9% gain and is the the biggest monthly fall since February 2009.
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Monday, June 1, 2020
Things to consider if you’re extending your mortgage repayment holiday Nottingham Estate Agents
Homeowners who have taken mortgage payment holidays due to coronavirus can extend their payment breaks by a further three months, or start making reduced payments if they’re able to. More than 1.8 million mortgage payment holidays have been taken so far by homeowners who have been financially impacted by the pandemic. The payment breaks were […]
The post Things to consider if you’re extending your mortgage repayment holiday appeared first on OnTheMarket.com blog.
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