5FF Short Cut: Ruinous Rates Run Riot: 5FF

Five-year fixed mortgage rates hit 6%, making moving harder, slower and more prone to fall-throughs. Kemi Badenoch and the Tories plan to abolish stamp duty on all primary residences. Some first-time buyers could need a deposit of just £3,600 under Your First Home, which means up to 97.5% debt on a home that could lose 16% of its value the day you move in. The RICS survey shows agents expect slow, low transactions for the next twelve months and falling prices in every area bar Scotland and No...