May 24, 2015
It’s a widely known fact that, specifically over the past 12 months, the ropes have tightened when it comes to getting approval on a mortgage, especially as a first time buyer (yet thousands of home owners are also seen as trapped, unable to get a mortgage to allow them to move) and, as such, many […]
May 17, 2015
Whilst it may come as a surprise to some, to those who have already taken the plunge and bought their first home it’s a reality; the fact that, for many, they’ll be financially better off if they buy their own home using the Help To Buy scheme than they would be renting. Data provided by Moneyfacts.co.uk suggests that, […]
May 9, 2015
Whilst the announcement was made back in March in the budget, there’s been a wealth of talk surrounding Help To Buy ISAs over the past few days; largely to do with the fact that, with the Conservatives winning the general election, it’s something which first time buyers can start to get excited about. The question […]
May 8, 2015
Let’s face it, it’s common knowledge that getting a mortgage can be difficult, however at the end of the day, it’s important to remember that easier than the press would like to make us believe. The bottom line is that lenders need to ensure that they will receive their monthly repayments and interest in full. […]
May 5, 2015
As the General Election draws ever closer, with us now being less than 48 hours until the polling stations open for UK adults to cast their vote over the future leader of the country, it’s important that you fully understand what each party stands for. Whilst we all have a general idea as to what […]
It was reported by the BBC at the end of last week that mortgage application approvals are on the rise in the UK, according to high street banks. Despite a slow start to the year, UK banks are now suggesting that approvals are on the rise, offering more first time buyers and home movers the […]
May 3, 2015
If you’re dreaming of owning your own home but are struggling to save up a large enough deposit whilst paying both rent and monthly bills, you could well benefit from the ‘Help To Buy‘ scheme. This government initiative was created to help those saving to buy their own home (or in some instances move themselves […]
April 14, 2015
30 March 2015 | By Paul Thomas Brokers are bracing themselves for further cuts to mortgage rates as zero inflation keeps a lid on fixed-rate pricing. Early last week, the Office for National Statistics reported that inflation had hit a record low – 0 per cent. Brokers predict a fall in swap rates, which have […]
April 1, 2015
16 March 2015 | By Paul Thomas Asking prices are just £30 below their peak, according to online estate agent Rightmove. This month the average asking price reached £281,752 – £30 off June 2014’s peak. On an annual basis, prices were up 5.4 per cent. Excluding inner London, the average price asked of first-time buyers […]
Lower stamp duty bills for new purchasers are causing first time buyer deposits in the UK to go up by 15% a year, according to a recent analysis. The Wimbledon estate agents Robert Holmes, have said that the average deposit was £29,127 in January, which is an increase of 7% in comparison to December 2014, with […]
March 16, 2015
First time buyer deposits in the UK are soaring by 15% a year due to lower stamp duty bills for new purchasers, according to a recent analysis. Robert Holmes, an estate agents in Wimbledon mentioned that the average deposit was £29,127 in January, an increase of 7% in comparison to December 2014, with first-time buyers […]
January 21, 2015
With the increasing amount of price comparison sites that have popped up over the past few years, many people seem to be making the mistake of using a price comparison site instead of a mortgage broker. Price comparison sites are often promoted very well so it is no surprise that many people use them, but […]