Collapse in buy-to-let lending as landlords back out of market

The buy-to-let market has sunk nearly 20% in the past year as many fear government regulation will interfere with the already tense feeling present after Brexit. Taxes are high and so is the price of properties, this results in many investors holding onto what they have instead of taking the risk on the market. New […]

Good news for first time buyers, bad news for renters

Market specialists predict that the coming year will see a larger number of landlords putting their property up for sale on the market in the United Kingdom. Only 7% of these landlords say that they intend to offload their property onto other landlords, meaning that these listings will likely go to home-owners. This may make […]

Where to start:first time buyer tips and advice — get the basics right before you buy

You are ready to shop for your dream home. The first step is to talk to a lender, who will require documentation detailing your financial picture. What money you make is important, but also critical is how much is currently disposable and how much is regularly allotted to bills and payments. A realistic picture of […]

Homeowners face mortgage bill rises despite Bank of England holding interest rates at 0.5%

It’s likely that homeowners in the UK are feeling like they can’t catch a break. A winter word of things to come in February put homeowners on red alert, as the Bank of England suggested base rates would rise. Many attempted to lock in their fixed rates, only to find that lenders were anticipating the […]

First-time buyer levels up, remortgaging softens: UK Finance

UK Finance, which tracks mortgage trends in Great Britain, found that loan patterns had shifted a bit, with a small but notable uptick in monies going to first-time mortgage buyers and a considerable lessening in monies going to remortgagers. The comparisons are based on the same month of last year and they show a 2% […]

You could save hundreds:what is remortgaging and how does it work?

Remortgaging is one way to improve the circumstances of your mortgage. Once can look up companies on their own or use a mortgage advisor to assist in finding a reputable company. Be careful for penalties for paying off the mortgage early or moving before a set date in the terms. Also, examine what fees are […]

Accord revamps buy-to-let remortgage range

Mortgage lender Accord Buy to Let is updating its terms to reduce some mortgage rates and even offer cash back as an incentive. These changes are intended to coax homeowners into refinancing their properties at potentially lower interest rates. Additionally, the cashback incentives are intended to help defer some or all of the fees associated […]

A buyer on an average £26k salary could afford a £120k home with the 100% mortgage for the Post Office

Mail Online Property company allows first-time buyers to borrow 100% of the price that they want to buy, without a deposit, with the company Family Link Mortgage. A hundred per cent of this mortgage comes from the company Post Office. They offer a six bargain plan for properties that are reduced low in price. The […]

Landlords able to access better costs on buy to let mortgages

With buy-to-let mortgage rates falling, many landlords are taking advantage. Due to this, money lenders are lowering their own rates to attract clients. If the landlord is working as a limited company then arrangement fees are being waived and lenders are taking on more of the costs for fixed rate mortgages. Fixed rates fell for […]

From town to country:savvy first-time buyers are turning to the Home Counties for bigger properties with green spaces

The real estate market is changing. These days, couples are becoming first time home owners at 30. This means a requirement for a home with enough bedrooms for children, grandparents, and a backyard. It must be in a safe area. For many, this means leaving London. Reading is a popular area for first time home […]