95% mortgages are widely available from major banks and building societies, allowing first time buyers to save 50% less to buy their own home. The mortgage guarantee scheme means you only have to save up a 5% deposit to step onto the property ladder It’s now widely offered by lenders as it’s a government-backed scheme […]
Have you considered the mortgage guarantee scheme? Read More »
Inflation starts to fall, however interest rates are still going up. Inflation falls below 10% for the first time since August last year but the drop was smaller than expected, suggesting interest rates have not yet peaked. Inflation has fallen below 10% for the first time since August last year but interest rates are expected
Inflation and Interest rates; what’s going on? Read More »
We’re still waiting on the bill to pass through parliament, changes may be made, however we have the initial document that is currently being reviewed. No-fault evictions are set to be banned in England after the long-awaited Renters’ Reform Bill was introduced to Parliament The bill aims to make the private rented sector safer and
The Renters Reform Bill is now published and going through parliament Read More »
There are many existing green home options, Nationwide has also launched a 0% interest loan of up to £15,000 customers who are improving the energy efficiency of their homes and have exising mortgages with them. Nationwide is offering 5,000 existing mortgage customers the opportunity to borrow up to £15,000 for green home improvements, without paying
Want to make some home improvements? 0% interest options exist Read More »
First-time buyers need to earn an extra £7.5K to step on the property ladder The rapid rise in house prices over the last three years means first-time buyers now need to earn more to buy a home. Let’s look at the options. Rising rents and a shortage of rental properties are pushing more renters to
The renters reform bill is to double the notice period for rent increases to two months, no-fault evictions to be banned and to establish minimum housing standards for rented accommodation. The renters reform bill set to protect renters from unfair rent increases and ‘no fault’ evictions has been delayed The renters reform bill, which was
The Renters Reform Bill is Delayed Read More »
The ‘cost of living crisis’ refers to the fall in incomes that the UK has experienced since late 2021. What is the cost of living crisis? The ‘cost of living crisis’ refers to the fall in disposable incomes (that is, adjusted for inflation and after taxes and benefits) that the UK has experienced since late
In the fight against rising insterest rates a popular method has always been to make mortgage overpayments. This helps homeowners reduce the amount they owe, pay less interest and be moretgage free sooner. Homeowners have overpaid their mortgages by a record £6.7 billion The jump is likely to have been triggered by rising interest rates,
How you can save on your mortgage regardless of the interest rate Read More »
Most landlords are in favour of the introduction of the Decent Homes Standard, the biggest shake up in the private rented sector for 30 years. 74% of landlords also expressed frustration with the lack of action taken against rogue landlords, saying local authorities should do more to drive out those who let sub-standard homes The
60% of Landlords support new standards for rented homes Read More »
If you’re looking to sell in 2023, you’re in demand. Homes that offer more value for money are exactly what buyers are looking for right now. Demand for homes has reached its highest level since October 2022 and is 16% higher than spring 2019 Demand from buyers is also above average in the most affordable
Selling in 2023, an update on the first quarter Read More »
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