The under 1%, 5 year fixed rates lasted about 2 weeks, now over 1.50%. As commented on by others the low prices of mortgages is a factor for the over heated market
A couple of lenders can do 5.5 x joint incomes with a 25% deposit and a few will lend to age 75 if office type job, pm me if you want any figures and advice as this is generic
Desperate lack of property. Covid has changed what people want but I think things will calm down now, also the stamp duty holiday which was not needed really artificially inflated the market
Yes my friend, things are going to be very rocky for a while especially with lenders giving payment holidays for 3 months meaning far less money is coming in short term. Every mortgage is a battle atm but soon will be just re mortgages and product transfers with subsequent large drop in income