House prices continued to boom in April, with £20,000 being added to the price of the average home in the last 12 months.

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UK house prices hit yet another record high in April, as demand for moving home remains strong

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Rob Gill, MD of the independent mortgage broker, Altura Mortgage Finance, reckons that ‘fear of missing out’ is fueling the UK housing boom.

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The average house price in the UK grew to £258,204 in April, the latest index from Halifax shows.

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Average house prices have climbed about £20,000 in the last year, the Halifax says, as the buying frenzy prompted by the stamp duty holiday continues.

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In a bid to be more productive, lenders sometimes direct their business development managers (BDMs) to focus on the brokers who use them the most.

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Last week, Nationwide and Santander announced they would be closing offices and allowing staff to work remotely or adopt a flexible pattern.

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Leaseholders living in properties with potential or confirmed unsafe cladding should not have to pay any costs towards remediation, brokers have said.

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The winners of the British Mortgage Awards 2020 were revealed this afternoon marking a truly extraordinary year. As part of a unique online setting, winners were announced in 29 categories spanning the breadth of the industry.

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News that the UK is the first country to approve a Covid-19 vaccine has been welcomed by property experts who hope that a successful roll-out could help to stave off a housing market downturn next year.

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