For a number of years the biggest issue for first time buyers getting on the property ladder has been trying to save a hefty deposit while paying extortionate rent. For many young people living in the south of England, particularly in and around London a one...
When you are doing your own research about which mortgage might be suitable for you it’s easy to get overwhelmed. There are so many different deals out there from so many different lenders, banks, brokers and building societies it’s difficult to know which will be...
In November of last year (2017) we reported that the base rate had increased and predicted that this might actually prompt an increase in mortgage lending activity. Many people recognised that the current fantastic mortgage products would only be available for a short period of...
At the end of 2017 we saw the Bank of England increase the base rate by 0.25% and the threat that there were more rises to come. However, uncertainty over Brexit and other factors affecting the economy has caused the housing market to slow, forcing...
By now, we have heard just about as much as we could possibly hear about Brexit and its impact on the financial markets in the UK and especially how it will affect the average home owner. However, according to Andrew Bailey, chief executive of the...
Following last month’s much-reported base rate rise from the Bank of England, mortgage rates have seen a significant rise recently. The average two-year fixed mortgage rate has risen by 0.12%, marking the highest monthly rise recorded since August 2009, according to the latest report from...
It’s clear from all perspectives that a major contributor to the current housing crisis is – Stamp Duty. A tax that applies to nearly 73% of properties in the UK compared to 45% 25 years ago. In the run up to the Autumn budget on...
With an interest rise looking increasingly likely we look at how it could affect you and what you should do to ensure your finances are in good shape for the near future. The general prediction among industry experts is that, the interest rate will increase...