November 9, 2015
If you are 65 or over and looking to take out a mortgage, it is important to make it clear that it is still possible. So, whether you are looking to purchase property for the first time, free up some money to better enjoy those later years or just desire to take some strain off […]
According to City AM, London’s first free daily business newspaper, the average age of the ‘first time home buyer’ in the UK currently stands at 31 – in contrast to statistics in 1995 which placed first time buyers at just 28. Further, whilst in 1995 the average first home cost £65,000, in 2015 the average […]
October 28, 2015
Keeping your possessions and family home safe is obviously a priority for all of use, but making sure your home has the best security available is out of many peoples budgets. Fear not though, because there are a number of ways you can improve the safety of your home without investing hundreds of pounds, here […]
There are endless home improvement programmes on our televisions showing us how best to improve our homes in order to boost its price tag on the property market. What is perhaps lacking is what difference your garden can have on your property’s value. Research by over 50’s insurance provider RIAS earlier this year showed that […]
October 26, 2015
Landlords who rent to students report low arrears, higher than average yields and reduced ‘voids’ due to sustainable demand for rental properties. A study by utility company Glide found that 69% of landlords and letting agents prefer to let to students, and 84% agree that students make good tenants. What Are My Options? The three […]
October 12, 2015
Whilst there has been some improvement in the mortgage approval rate for first time buyers, getting the first step onto the property ladder is undoubtedly the hardest. Even if you can demonstrate a history of good personal financial management and have a deposit that can be anywhere up to 20% of the purchase price, you […]
In the years running up to the credit crunch the popularity of interest-only mortgages soared, as borrowers were able to cut their monthly repayments by just paying back the interest, not the capital. By the end of 2012, most lenders stopped lending on an interest-only basis, after many within the industry deemed it irresponsible. However, […]
October 9, 2015
When applying for a mortgage you have two initial options for finding a deal. You can either approach lenders directly or you can find a broker help find you a mortgage. Here at Search Mortgage Solutions we believe that brokers are by far your best option, no matter your situation, thats why we have put […]
October 2, 2015
As someone looking to invest in a buy-to-let property; you generally have one main decision to make and that is as to the type of investment property you purchase. Do you opt for student accommodation, private rental accommodation or even holiday accommodation? There’s advantages and disadvantages to all types of buy to let properties and, as […]
September 18, 2015
It’s a well known fact that many are struggling to buy their own home at the moment, due in part to rising property prices and the difficulty of getting approval for a mortgage, however how does the cost of buying compare with renting your home? Could it well be the case that we’re experiencing a […]
For lots of people, a rented property is a platform where they can live whilst also hopefully putting aside enough to later make that first step onto the property ladder and buy. While this is many peoples intention, it is becoming increasingly difficult to achieve. At Search Mortgage Solutions, our mortgage brokers in Manchester, Leeds, […]
September 11, 2015
Whilst there’s no denying the fact that many young people are struggling to get onto the property ladder as a result of increasing house prices, tougher mortgage criteria and the difficulty of saving up a sizeable deposit, it must still be remembered that there are those of a younger generation who successfully find themselves buying […]