Property news: Tesco are now offering mortgage deals
Property news: 6th August is a big day for Tesco, as they begin to offer mortgages to the people of the UK. They have the following deals available, 2, 3 and 5 years fixed rate mortgage deals, and a 2 year base rate tracker mortgage. According to Money Saving Expert these deals can be beaten quite easily.
The supermarket titan also offers a gimmick where every £4 paid to them monthly, gives the mortgage borrow 1 Tesco point added to their clubcard.
Here is a snapshot of what you get from Tesco
If you go for the 2 year fixed rate:
With 30% minimum deposit you will get an interest rate of 3.19% (£995 processing fee)
5 year fixed rate:
With 30% money down you will get an interest rate of 3.89% (£995 processing fee)
2 year tracker:
Again with 30% deposit Tesco will offer a rate of 3.19% (£995 processing fee)
With only 11 days to go until theOlympicsgames starts, the renting market in Central London is in high demand. Rich property owners have decided to cash in by renting their properties out on a weekly basis during the games. We took a look at some of the most expensive homes to rent.
Most expensive homes to rent during the games
The most expensive home to rent during the Olympics was a penthouse apartment in Angel, London, which is currently being advertised for an eye watering £55,000 a week, the apartment boasts eight double bedrooms, floor to ceiling windows, and an awesome minimalistic look through-out.
Would you pay £55,000 a week for this penthouse?
If £55,000 is over your budget, then don’t worry, because you can rent a beautiful seven bedroomed mansion in Chelsea for £50,000 a week, its a stones throw away from the River Thames, so you are super close to all the action.
Save a whole five grand by opting for a seven bedroom mansion
A street inGermanymeasuring just over 12 inches wide is in big trouble as its about to lose its title as the smallest street in the world. Reutlingen, the name of the street, has been quite the tourist attraction for some time, however due to water damage, the walls are becoming unstable, and could be removed at any time. The sign reads “narrowest street in the world”, in English and German.
If the walls are removed the title may be revoked from the Guinness Book of World Records.
A home in the West Midlands has been left untouched for over five years, and as a result the house has been consumed by Ivy. Neighbours had previously made many attempts for the removal of this Ivy, after five years of requests to the council, and many reports on nightmare neighbours websites, council workers have now removed the Ivy which took them 7 days to clear. The owner, thought to be an elderly women moved out years ago and was unable to maintain the property.
Celebrity homes are popular, but what about popular celebrity flatmates?
Who wouldn’t want to live with Albert Einstein?
Celebrity homes are popular online, so we decided to conduct our own poll on the most popular celebrity to live with. A letting agent from Oxfordshire did the very same thing and there results showed Nigella Lawson was the most popular celebrity flatmate earning a quarter of the votes, surprisingly beating Albert Einstein who came in second with 11% of the votes. Winston Churchill came third, with just over 10%.
If you don’t see a celebrity listed that you would like to live with, add your own!
Thanks to Property Portal Watch we have some great information on the leading property websites in the UK. According to their research, Rightmove is the clear leader, with Zoopla coming second and findaproperty coming third. PrimeLocation is fourth, although they do focus on £500,000 + properties. Interestingly Rightmove are in the same boat with Australian property portal RealEstate.com.au, they too are the clear leaders in Australia.
Out of all the property websites, 66% of property searchers spend their time on Rightmove, Zoopla 11.9%, findaproperty 10.8%, Prime location 5.8 %, and nestoria at 0.9%. In terms of traffic, Rightmove gets around 2.4 times the number of unique visitors than its competitor Zoopla.
BBC listeners call in and name the best places to live
BBC Radio 4′s listeners have been calling in and voting on what they believe to be the best places to live in the UK.The commission for architecture and the built environment (CABE) have totted the numbers up and come out with the following list.