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The Bank of England has raised UK interest rates by a further half a percentage point to 4% but it gave its clearest signal yet that borrowing costs may now be nearing their peak.

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homebuyers taking out a mortgage with several of the nation's largest lenders will have an extra three months added to the length of their deals.

Halifax has extended the duration of its mortgages for new buyers this week. This comes as many homeowners have struggled to complete on purchases and property chains have fallen apart.

For homebuyers securing a two-year fix, the extension would increase a mortgage term from 24 months to 27. The move will help to counteract delays in conveyancing or completing a purchase.

Lloyds bank and Darlington Building Society have also extended their mortgage deals by three months and Leeds Building Society increased its mortgage terms by one month.

Daily Mail

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Everyone at Fox Estates wish you all a peaceful, healthy and happy New Year.

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Everyone at Fox Estate Agents would like to wish all our clients, past, present and future, a very Merry Christmas. 

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Owners unable to sell their flats because of unsafe cladding will soon see the end  to years left in limbo.

From January 9th, six major banks will scrap their ban on lending on hundreds of thousands of medium to high-rise homes deemed a fire risk.

Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander will consider mortgage applications on buildings in England more than 11m (36ft) tall which have the cladding.

Lenders have loosened restrictions after guidance from the Royal Institute of Chartered Surveyors on how to value such properties. Borrowers will need to prove that removal of the cladding will be covered by the developer, a Government scheme or leaseholder protections.

Daily Mail

  1. INTEREST RATE RISE
  2. NEW DEAL TO EASE MORTGAGE PAIN
  3. KEY TAKEAWAYS FROM JEREMY HUNTS BUDGET
  4. CHANCELLOR SETS DEADLINE FOR STAMP DUTY

Why Sell Your Home With Fox Estate Agents?

  • Fox Estate Agents have won multiple awards based on extremely high standards of Customer Service.
  • Chris Fox FNAEA has over forty years experience and is backed by a highly experienced, dedicated team.
  • You will have a personal Sales Progressor overseeing your transaction.
  • Fox Estate Agents is an NAEA Propertymark member firm and are also members of The Property Ombudsman Scheme.
  • Our Terms of Business are, No Sale, No Fee and we are here to assist you seven days a week.

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Customer Reviews

  • We are 100% satisfied and cannot recommend Fox Estates strongly enough. The team were extremely professional, friendly, and approachable from the minute we asked for a valuation right until completion. Their knowledge of the local area was spot on and made the difference on the sale of our house. We are grateful to Chris in particular for his attention to detail, responsiveness to emails and a willing pro-activeness to help keep things moving. I would not hesitate in recommending Fox Estates to my friends and family..

  • Chris Fox put my house on the market on June 13th and advised me to have an open house. 26 people viewed the property and I had 6 really good offers. By 3rd of August we had completed!Chris guided me through the sale with professionalism, integrity, friendliness and his extensive knowledge which can only come from spending 35 years doing a job he is still clearly passionate about.

  • Chris is very efficient and professional at all times. He made the sale of our property effortless and acted beyond the call of duty on our behalf.

  • During my career I have come across many estate agents and Chris really is a true professional, with the highest standards of integrity and professionalism I have seen. As well as having referred him to my own clients and had excellent feedback, I have personally used Chris to sell my property and I have been extremely impressed, and would recommend him to everyone.

  • I instructed Chris to sell my house and when he found a buyer the sale went through in just over 6 weeks. His service was excellent and I would recommended him to anyone. A few months later my mum instructed him to sell her house and again he found a buyer and the sale progressed to completion without a problem. Chris is very knowledgeable and professional and he will give you a very helpful, friendly and attentive service. If you are thinking about buying or selling I would suggest you give him a call

  • I employed Chris Fox to sell my parents home when my mother died last year. He handled the sales with professionalism and respect for my family. He was very eager to secure the right sale and was tenacious on our behalf. He kept us fully informed of all developments during the sale and achieved a very good outcome on our behalf. I would recommend Chris Fox wholeheartedly.

  • AFTER 4 MONTHS OF AGGROVATION WITH ANOTHER ESTATE AGENT I APPROACHED CHRIS ABOUT 2 MONTHS BACK, I EXPLAINED THAT I HATED ESTATE AGENTS, CHRIS HAS GONE A LONG WAY TO REPAIRING THAT IMAGE HAVING DONE A SPLENDID JOB IN SELLING MY HOUSE WITHIN 3 DAYS THE WHOLE PROCESS TOOK 6 WEEKS TO THE POINT I HAD MOVED EXCELLENT ATTITUDE AND A TRUE PROFESSIONAL

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