Today’s blog is by Stephen Smith, a non-executive director and consultant in financial services, with 40 years experience in the mortgage industry. He joined us on Friday 4th November for a deep dive into the current economic turmoil, so be sure to watch the replay! Are buyers in a worse position now than in the …
When it comes to buying property, whether it’s your first home or an investment property, what are the top questions you should ask? It’s not easy to get on the property ladder, so whether you’re a first-time buyer or investing in a buy-to-let, congratulations! But before you get too caught up in the excitement of …
The average house price has risen by 0.4% and is now £369,968 House prices are continuing to rise, hitting a new record for the sixth month in a row. And when combined with the recent rise in interest rates, this is resulting in a 20% hike in mortgage payments, according to Rightmove. The cost of …
How do you split your property assets when you split up or someone dies? If you have bought a property with a partner, friend or family member, and then you split up or they pass away, what should you do? Sadly, we can’t solve your relationship problems, but we can offer some advice on your …
It’s becoming ever harder to get on the property ladder, so how can you get onto that first rung? The average age of a first time buyer in the UK is 34, with the pandemic and the rising cost-of-living pushing the possibility of being a home-owner to later in life than many would prefer. Before …
Latest interest rate rise makes renting cheaper than buying for the first time since 2014. For the past 11 months it has been cheaper to buy a home in Great Britain than rent, but following last week’s interest rate rise, it’s now cheaper to rent than to buy, according to the lettings agency Hamptons: November …
The Prime Minister is expected to make a speech announcing plans for people on benefits to be given the chance to buy their homes via the return of the Right-to-Buy scheme Boris is set to make a major speech in Lancashire vowing to revive Margaret Thatcher’s housing revolution for families on low-income. The Right-to-Buy scheme …
First-time buyers who want to take advantage of the help-to-buy scheme must reserve a property by the end of October, two months earlier than expected. The scheme, which is set to end in March 2023, offers buyers an equity loan so they can buy a new-build property with a deposit of just 5%. Because buyers …
As a first time buyer, have you ever wondered just what different properties are worth across the country? We’ve compared rent across the country to everyday luxuries, but we were curious about the buying price of properties across the UK. What are some of the most expensive properties and what makes them so pricey? And …
You’ve seen the ads, you may have even bought a ticket, but are you curious about the house lotteries we see popping up everywhere? It seems like all we see in housing news these days is that prices are rising, with the age for first time buyers creeping up every year, as larger deposits and …
