Mortgage rates are at an all-time low, so should you buy a house now?
In this latest interview looking at the UK housing market, Move iQ founder Phil Spencer talks to Paul Archer from Nationwide Building Society about how likely these low mortgage rates are to remain available and what the UK housing market could be looking like for the rest of 2021 and into early 2022.
👉 VIDEO TIMESTAMPS ⏳
01:10 The two big bumps in the 2021 market – a tapered end to stamp duty land tax (SDLT) holiday
02:18 Nationwide forecast
03:00 Why is the housing market still buoyant?
03:30 How mortgage rates are decided
07:30 Nationwide’s focus on the first-time buyer (FTB) and its FTB proposition
08:45 Advice if you’re applying for a mortgage and have received government support from the government’s furlough scheme a self-employed grant
10:42 Down-valuations in the housing market
12:26 House price moderation
13:20 What the mortgage lending market might look like into 2022
15:50 Inflation pressure
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